Palatin (PTN) shows 182,162 shares (9.9%) held by Logos Global
Palatin Technologies Inc reports that Logos Global and related reporting persons each beneficially own 182,162 shares of Common Stock, representing 9.9% of the class.
Rhea-AI Filing Summary
Palatin Technologies Inc reports that Logos Global and related reporting persons each beneficially own 182,162 shares of Common Stock, representing 9.9% of the class.
The filing states the percentage calculation references 1,779,275 shares outstanding as of May 12, 2026 and discloses warrants to acquire 224,000 shares plus an alternate beneficially owned count of 137,992 shares used in the percentage calculation. The reporting persons say the securities are held on behalf of Logos Opportunities Fund IV and that they disclaim group membership and broader beneficial ownership beyond their pecuniary interest.
Positive
- None.
Negative
- None.
Insights
Schedule 13G/A updates a >5% position and documents ownership mechanics.
The filing lists 182,162 shares (9.9%) for Logos Global and affiliated reporting persons and ties the percentage to May 12, 2026 outstanding shares. It also notes warrants to acquire 224,000 shares and an alternate base of 137,992 shares in the percentage calculation.
Key qualifiers include an explicit 9.99% beneficial ownership limitation on the warrants and joint filing language with disclaimers of group status and broader beneficial ownership. Subsequent filings may clarify any conversion/exercise timing and the precise treatment of the warrants.
The disclosure clarifies voting/dispositive power and the entity that holds the shares.
Each reporting person reports 0 sole and 182,162 shared voting and dispositive power over the shares; Opportunities Fund is identified as holder for investors' benefit. The statement includes a certification that the shares were not acquired to influence control.
Cash‑flow treatment and timing of any warrant exercises are not described here; investor communications or later SEC filings would show if and when warrant proceeds or exercises affect outstanding share count.
Key Figures
Key Terms
Schedule 13G/A regulatory
beneficial ownership limitation regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake does Logos Global report in PTN?
Do the filings mention warrants or other convertible instruments for PTN?
Does this filing indicate Logos Global is in a group for PTN ownership?
AI-generated analysis. How Rhea-AI works. Not financial advice.