Palatin Technologies Closes Underwritten Public Offering

MT Newswires Live

Nov 13

Palatin Technologies (PTN) said Wednesday it has closed its underwritten public offering of about 2.8 million common shares, which included the full exercise of the underwriters' option to purchase 364,615 additional shares.

The company said it raised gross proceeds of about $18.2 million from the offering and may receive additional proceeds of up to $18.2 million upon the cash exercise of milestone related series J warrants.

The company said it plans to use the net proceeds to support the development of its obesity program, among others.

Palatin Technologies said the closing of the offering resulted in the company regaining compliance with the NYSE American continued listing standard related to its stockholders' equity, adding that its common stock has resumed trading on the exchange under the symbol "PTN."

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2583301946"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2583301946\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2583301946?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-13 02:27","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2583301946","market":"nz","top_or_hot":-1,"title":"Palatin Technologies Closes Underwritten Public Offering","media":"MT Newswires Live","content":"<html><body><p> Palatin Technologies (PTN) said Wednesday it has closed its underwritten public offering of about 2.8 million common shares, which included the full exercise of the underwriters' option to purchase 364,615 additional shares.</p><p>The company said it raised gross proceeds of about $18.2 million from the offering and may receive additional proceeds of up to $18.2 million upon the cash exercise of milestone related series J warrants.</p><p>The company said it plans to use the net proceeds to support the development of its obesity program, among others.</p><p>Palatin Technologies said the closing of the offering resulted in the company regaining compliance with the NYSE American continued listing standard related to its stockholders' equity, adding that its common stock has resumed trading on the exchange under the symbol \"PTN.\"</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palatin Technologies Closes Underwritten Public Offering</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalatin Technologies Closes Underwritten Public Offering\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-11-13 02:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Palatin Technologies (PTN) said Wednesday it has closed its underwritten public offering of about 2.8 million common shares, which included the full exercise of the underwriters' option to purchase 364,615 additional shares.</p><p>The company said it raised gross proceeds of about $18.2 million from the offering and may receive additional proceeds of up to $18.2 million upon the cash exercise of milestone related series J warrants.</p><p>The company said it plans to use the net proceeds to support the development of its obesity program, among others.</p><p>Palatin Technologies said the closing of the offering resulted in the company regaining compliance with the NYSE American continued listing standard related to its stockholders' equity, adding that its common stock has resumed trading on the exchange under the symbol \"PTN.\"</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7095","symbol_name":"多种金属与采矿","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2583301946","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2583301946","pubTimestamp":1762972057,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Palatin Technologies  said Wednesday it has closed its underwritten public offering of about 2.8 million common shares, which included the full exercise of the underwriters' option to purchase 364,615 additional shares.The company said it raised gross proceeds of about $18.2 million from the offering and may receive additional proceeds of up to $18.2 million upon the cash exercise of milestone related series J warrants.The company said it plans to use the net proceeds to support the development of its obesity program, among others.Palatin Technologies said the closing of the offering resulted in the company regaining compliance with the NYSE American continued listing standard related to its stockholders' equity, adding that its common stock has resumed trading on the exchange under the symbol \"PTN.\"","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7095":"多种金属与采矿","PTN":"Palatin Technologies Inc","PTN.AU":"Patronus Resources Limited","BK4139":"生物科技"},"translate_title":"Palatin Technologies完成承销公开发行","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PTN":1.5,"PTN.AU":1},"content_text":"Palatin Technologies (PTN) said Wednesday it has closed its underwritten public offering of about 2.8 million common shares, which included the full exercise of the underwriters' option to purchase 364,615 additional shares.The company said it raised gross proceeds of about $18.2 million from the offering and may receive additional proceeds of up to $18.2 million upon the cash exercise of milestone related series J warrants.The company said it plans to use the net proceeds to support the development of its obesity program, among others.Palatin Technologies said the closing of the offering resulted in the company regaining compliance with the NYSE American continued listing standard related to its stockholders' equity, adding that its common stock has resumed trading on the exchange under the symbol \"PTN.\"","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}