Palatin Technologies Files Definitive Proxy Statement
Ticker: PTN · Form: DEF 14A · Filed: May 28, 2024 · CIK: 911216
| Field | Detail |
|---|---|
| Company | Palatin Technologies Inc (PTN) |
| Form Type | DEF 14A |
| Filed Date | May 28, 2024 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $12 million, $159 million, $15,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, governance
TL;DR
Palatin Tech proxy filed. Vote for directors & auditors.
AI Summary
Palatin Technologies, Inc. filed its definitive proxy statement on May 28, 2024, for its annual meeting of stockholders. The filing outlines the proposals to be voted on, including the election of directors and the ratification of the appointment of its independent registered public accounting firm. The company is seeking shareholder approval for these routine corporate governance matters.
Why It Matters
This filing provides shareholders with essential information to make informed voting decisions on key corporate matters, including the election of directors who will oversee the company's strategy and operations.
Risk Assessment
Risk Level: low — This is a routine proxy filing for corporate governance matters and does not contain new financial or strategic information that would typically impact risk.
Key Players & Entities
- Palatin Technologies, Inc. (company) — Registrant
- May 28, 2024 (date) — Filing Date
FAQ
What is the purpose of this DEF 14A filing?
The purpose of this DEF 14A filing is to provide shareholders with the definitive proxy statement for Palatin Technologies, Inc., outlining the proposals to be voted on at the annual meeting of stockholders.
When was this filing made?
This filing was made on May 28, 2024.
What are the main items shareholders will vote on?
The filing indicates proposals for the election of directors and the ratification of the appointment of the independent registered public accounting firm.
What is the company's fiscal year end?
Palatin Technologies, Inc.'s fiscal year ends on June 30.
Where is Palatin Technologies, Inc. headquartered?
Palatin Technologies, Inc.'s business and mailing address is 4B Cedar Brook Drive, Cranbury, NJ 08512.
Filing Stats: 4,850 words · 19 min read · ~16 pages · Grade level 13 · Accepted 2024-05-28 16:38:46
Key Financial Figures
- $12 million — female sexual dysfunction. We received $12 million upfront and have potential sales-based
- $159 million — tential sales-based milestones of up to $159 million. Based on our current operating plan,
- $15,000 — ormational support for a service fee of $15,000 and plus out-of-pocket expenses and cus
Filing Documents
- ptn_def14a.htm (DEF 14A) — 743KB
- ptn_proxyimg9.jpg (GRAPHIC) — 11KB
- ptn_proxyimg8.jpg (GRAPHIC) — 11KB
- ptn_proxyimg7.jpg (GRAPHIC) — 1KB
- ptn_proxyimg27.jpg (GRAPHIC) — 3KB
- ptn_proxyimg12.jpg (GRAPHIC) — 3KB
- ptn_proxyimg11.jpg (GRAPHIC) — 3KB
- ptn_proxyimg10.jpg (GRAPHIC) — 3KB
- ptn_def14aimg26.jpg (GRAPHIC) — 2KB
- ptn_def14aimg25.jpg (GRAPHIC) — 3KB
- ptn_def14aimg24.jpg (GRAPHIC) — 44KB
- ptn_def14aimg17.jpg (GRAPHIC) — 4KB
- ptn_def14aimg16.jpg (GRAPHIC) — 4KB
- 0001654954-24-006985.txt ( ) — 870KB
EXECUTIVE COMPENSATION 33
EXECUTIVE COMPENSATION 33 EXECUTIVE OFFICERS 38 BENEFICIAL OWNERSHIP OF MANAGEMENT AND OTHERS 45 MANAGEMENT 46 MORE THAN 5% BENEFICIAL OWNERS 48 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 49 OTHER ITEMS OF BUSINESS 49 STOCKHOLDER PROPOSALS AND DIRECTOR NOMINATIONS FOR NEXT ANNUAL MEETING 49 APPENDIX A Appendix A, Page 1 4 Table of Contents 4B CEDAR BROOK DRIVE CRANBURY, NEW JERSEY 08512 (609) 495-2200 PROXY STATEMENT FOR THE VIRTUAL ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON JUNE 27, 2024 IMPORTANT INFORMATION ABOUT THE ANNUAL MEETING AND VOTING IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE STOCKHOLDER MEETING TO BE HELD ON JUNE 27, 2024: THE PROXY STATEMENT, PROXY CARD AND ANNUAL REPORT TO SECURITY HOLDERS, INCLUDING OUR ANNUAL REPORT ON FORM 10-K FOR THE FISCAL YEAR ENDED JUNE 30, 2023, ARE AVAILABLE AT HTTP://WWW.VIEWPROXY.COM/PALATIN/2024 . YOUR VOTE IS IMPORTANT Whether or not you plan to attend the virtual meeting, please act as soon as possible to submit a proxy to vote your shares. Promptly submitting a proxy to vote your shares may save us the expense of following up with a second mailing. Beginning on or about May 28, 2024 we are sending proxy materials to stockholders of record and beneficial owners at the close of business on May 22, 2024. If your shares are registered directly in your name with our transfer agent, American Stock Transfer & Trust Company, LLC ("American Stock"), you are considered, with respect to those shares, the "stockholder of record." If your shares are held in a stock brokerage account or by a bank or other holder of record (a "brokerage firm"), you are considered the "beneficial owner" of the shares held in street name. If you hold your shares beneficially through a bank or broker, you must provide a legal proxy from your bank or broker during registration and you will be assigned a virtual control number in order to vote your shares during the annual meeting. If you are unab