Palatin Technologies (PTN) gains 4.7% stake holder AuGC BioFund in 13G/A
Rhea-AI Filing Summary
AuGC BioFund LP, together with AuGC Partners LLC and Evan Markegard, reports beneficial ownership of 84,000 shares of Palatin Technologies Inc. common stock, representing 4.7% of the class. The group has shared voting and dispositive power over 84,000 shares and no sole voting or dispositive power. The percentage is based on 1,779,275 shares outstanding as of May 12, 2026, as reported by Palatin. AuGC Partners LLC and Mr. Markegard may be deemed beneficial owners through their advisory and control roles but expressly disclaim beneficial ownership under Rule 13d-4. The position is reported as ownership of 5 percent or less of the outstanding common stock.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 84,000 shares
Percent of class owned: 4.7%
Shares outstanding: 1,779,275 shares
+3 more
6 metrics
Shares beneficially owned
84,000 shares
Common stock of Palatin Technologies Inc. reported by each of AuGC BioFund LP, AuGC Partners LLC, and Evan Markegard
Percent of class owned
4.7%
Ownership percentage of Palatin Technologies common stock for each reporting person
Shares outstanding
1,779,275 shares
Palatin Technologies common stock outstanding as of May 12, 2026, used to calculate ownership percentage
Shared voting power
84,000 shares
Number of Palatin Technologies shares over which the reporting persons have shared power to vote or direct the vote
Sole voting power
0 shares
Number of Palatin Technologies shares over which the reporting persons have sole voting power
Shared dispositive power
84,000 shares
Number of Palatin Technologies shares over which the reporting persons have shared power to dispose or direct disposition
Key Terms
beneficial owner, shared voting power, shared dispositive power, Exempt Reporting Adviser, +1 more
5 terms
beneficial owner financial
"may be deemed to be the beneficial owner of all shares of Common Stock"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
Exempt Reporting Adviser financial
"AuGC Partners LLC is an investment adviser that is registered as an Exempt Reporting Adviser"
Rule 13d-4 regulatory
"Pursuant to Rule 13d-4 , as amended, AuGC Partners LLC and Mr. Markegard expressly disclaim"
FAQ
What stake in Palatin Technologies (PTN) does AuGC BioFund report?
AuGC BioFund LP reports beneficial ownership of 84,000 shares of Palatin Technologies common stock, representing 4.7% of the outstanding class. This percentage is based on 1,779,275 shares outstanding as of May 12, 2026, as reported by Palatin.
Who are the reporting persons in this Palatin Technologies (PTN) Schedule 13G/A?
The reporting persons are AuGC BioFund LP, its investment adviser AuGC Partners LLC, and Evan Markegard. AuGC Partners advises the fund, and Markegard, as Managing Member of AuGC Partners, may be deemed to share investment and voting discretion over the reported shares.
Is AuGC BioFund’s Palatin Technologies (PTN) position above 5% ownership?
No. The reporting group states ownership of 4.7% of the class, which is 5 percent or less of Palatin Technologies’ outstanding common stock. This status is specifically indicated in the ownership-of-5-percent-or-less section of the disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.