Palatin Technologies Announces Proposed Public Offering of Common Stock and Warrants
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Palatin Technologies (PTN) Prices $16.5M Common Stock, Warrants Offering
December 1, 2016 8:21 AM ESTPalatin Technologies, Inc. (NYSE: PTN) announced the pricing of an underwritten public offering of 25,384,616 shares of its common stock and warrants to purchase 12,692,310 shares of its common stock for anticipated gross proceeds of $16.5 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by Palatin. The shares of common stock and warrants will be offered as Series A Units,... More
