Palatin Announces 1-for-50 Reverse Stock Split
PRINCETON, N.J., Aug. 8, 2025 /PRNewswire/ -- Palatin Technologies, Inc. (OTCQB: PTNT), today announced a reverse stock split ("Reverse Stock Split") of its shares at a ratio of 1-for-50. The Rever...
How might the reverse split affect the perception of PTNT's valuation among analysts and investors?
Is there any indication that the reverse split is linked to upcoming corporate actions, such as a new financing round or partnership?
Will the split have any tax or accounting consequences for existing shareholders?
18 days ago