Palatin Technologies Reports Shareholder Vote

TL;DR

Palatin Tech had a shareholder vote on June 27th, details TBD.

AI Summary

Palatin Technologies, Inc. filed an 8-K on June 28, 2024, reporting on a matter submitted to a vote of security holders on June 27, 2024. The filing does not disclose the specific outcome or details of the vote, only that it occurred.

Why It Matters

Shareholder votes can indicate significant corporate decisions or changes, such as board elections or major transactions, impacting the company's future direction.

Risk Assessment

Risk Level: low — This filing is procedural and does not contain new financial or operational information that would immediately impact the company's risk profile.

Key Players & Entities

• Palatin Technologies, Inc. (company) — Registrant
• June 27, 2024 (date) — Date of earliest event reported
• June 28, 2024 (date) — Date of report
• 001-15543 (company) — SEC File Number

FAQ

Filing Documents

• ptn_8k.htm (8-K) — 47KB
• 0001654954-24-008320.txt ( ) — 165KB
• ptn-20240627.xsd (EX-101.SCH) — 6KB
• ptn-20240627_lab.xml (EX-101.LAB) — 14KB
• ptn-20240627_cal.xml (EX-101.CAL) — 1KB
• ptn-20240627_pre.xml (EX-101.PRE) — 9KB
• ptn-20240627_def.xml (EX-101.DEF) — 2KB
• ptn_8k_htm.xml (XML) — 4KB

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders. On June 27, 2024, Palatin Technologies, Inc. (the "Company") held its annual meeting of stockholders (the "Annual Meeting") to consider and vote on the following: (1) election of directors ("Proposal 1"), (2) ratification of the appointment of the Company's independent registered public accounting firm for the fiscal year ending June 30, 2024 ("Proposal 2"), (3) approval of an amendment to the Company's 2011 Stock Incentive Plan, as amended and restated, to increase the number of shares available for equity awards by 1,000,000 shares ("Proposal 3"), and (4) to advise the Company whether stockholders approve the compensation of the Company's named executive officers for the fiscal year ended June 30, 2023 ("Proposal 4"). As of May 22, 2024 (the "Record Date"), the total number of outstanding shares entitled to vote at the Annual Meeting was: 16,136,649 shares of common stock, one vote per share and 4,030 shares of Series A Preferred Stock, with approximately 1.32 votes per share, for an aggregate of 5,333 votes. The combined total of votes entitled to be cast at the Annual Meeting as of the Record Date was a total of 16,141,973 votes. At the Annual Meeting, the total number of votes present in person or by proxy was 7,137,392. Proposal 1. Election of Directors. The stockholders elected the following seven directors to serve until the next annual meeting, or until their successors are elected and qualified, by the votes set forth below: Nominee FOR WITHHELD 01) Carl Spana, Ph.D. 1,456,961 399,669 02) John K.A. Prendergast, Ph.D. 1,356,125 500,505 03) Robert K. deVeer, Jr. 1,384,910 471,720 04 ) J. Stanley Hull 1,396,471 460,159 05) Alan W. Dunton, M.D. 1,435,758 420,872 06 ) Arlene M. Morris 1,367,820 488,810 07) Anthony M. Manning, Ph.D. 1,473,920 382,710 Broker Non-Votes: 5,280,762 for each director Proposal 2. Ratification of Appointment of Independent Register

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PALATIN TECHNOLOGIES, INC. Date: June 28, 2024 By: /s/ Stephen T. Wills Stephen T. Wills, CPA, MST Executive Vice President, Chief Financial Officer and Chief Operating Officer 3

View Full Filing

View this 8-K filing on SEC EDGAR