Palatin Technologies Issues Unregistered Equity Securities Warrants

Palatin Technologies Inc (PTN) has released an update to notify the public and investors about the unregistered sales of equity securities.

This summary reports on a private offering and issuance of both Private Warrants and Placement Agent Warrants, along with the shares of common stock that can be acquired upon exercising these warrants. The securities mentioned were sold without registration under the Securities Act of 1933, relying on exemptions specified in Section 4(a)(2) and/or Regulation D.

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For a comprehensive understanding of the announcement, you can read the full document here.