Palatin Technologies (PTN) Receives $6.1M from Exercise of Warrants
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Palatin Announces Exercise of Warrants for Approximately $6.1 Million Gross Proceeds
June 21, 2024 8:00 AM EDTCRANBURY, N.J., June 21, 2024 /PRNewswire/ -- Palatin Technologies, Inc. (NYSE American: PTN) ("Palatin" or the "Company"), a biopharmaceutical company developing first-in-class medicines based on molecules that modulate the activity of the melanocortin receptor system, today announced that it has entered into a warrant inducement agreement with an institutional investor to exercise certain outstanding warrants that the Company issued in November 2022 and October 2023 totaling 3,233,277 shares of the Company's common stock for gross proceeds of approximately $6.1... More
