**Palatin Technologies Inc. Faces Delisting from NYSE American** On July 7, 2025, Palatin Technologies, Inc. announced that it received a notification from NYSE American LLC regarding the initiation of delisting proceedings for its common stock. The decision was affirmed by the Exchange's Listing Qualifications Panel following a hearing held on June 18, 2025. The delisting process is based on the company's failure to meet certain listing standards as per Sections 1003(a) and 1003(f)(v) of the NYSE American Company Guide. Palatin Technologies plans to appeal the decision and will submit a request for a review by the full Committee for Review within 15 days. The company is actively working to address the listing deficiencies before the appeal hearing, anticipated to occur in late August or September 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Palatin Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001654954-25-007872), on July 09, 2025, and is solely responsible for the information contained therein.
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