PALATIN TECHNOLOGIES, INC. SERIES J 2016 WARRANT TO PURCHASE ______ SHARESWarrant Agreement • December 1st, 2016 • Palatin Technologies Inc • Pharmaceutical preparations • New York
THIS WARRANT (this “Warrant”) certifies that, for value received, ______________ ______________ and its assignees (the, “Holder") are entitled to subscribe for and purchase _______ shares (as adjusted pursuant to Section 4 hereof, the “Warrant Shares”) of the fully paid and nonassessable common stock, par value $0.01 per share, (the “Common Stock”) of PALATIN TECHNOLOGIES, INC., a Delaware corporation (the “Company”), at a price per Warrant Share, equal to $0.__ (such price and such other price as shall result, from time to time, from the adjustments specified in Section 4 hereof is herein referred to as the “Warrant Price”), subject to the provisions and upon the terms and conditions hereinafter set forth.
Palatin Technologies, Inc. 25,384,616 Series A Units Consisting of One Share of Common Stock and One Series J Warrant to Purchase 0.50 of a Share of Common Stock Underwriting AgreementUnderwriting Agreement • December 1st, 2016 • Palatin Technologies Inc • Pharmaceutical preparations • New York
Palatin Technologies, Inc., a Delaware corporation (the “Company”), proposes to issue and sell to the several Underwriters listed in Schedule 1 hereto (the “Underwriters”), for whom you are acting as representative (the “Representative”), an aggregate of 25,384,616 Series A units (the “Units”), each Unit consisting of (a) one share (each, a “Share”) of common stock, $0.01 par value per share, of the Company (the “Common Stock”) and (b) one Series J warrant to purchase 0.50 of a share of Common Stock at an exercise price equal to $0.80 per share (each, a “Warrant”). The shares of Common Stock underlying the Warrants are referred to herein as the “Warrant Shares.” The Shares, Warrants and Warrant Shares are described in the Prospectus that is referred to below. The Units will not be issued or certificated. The Shares and the Warrants comprising the Units are immediately separable and will be issued separately, but will be purchased together in the offering.
