Item 5.07 Submission of Matters to a Vote of Security Holders.

The Company's adjourned meeting of stockholders was reconvened on July 8, 2021, to consider and vote on approval of an amendment to our Certificate of Incorporation to effect an increase in authorized common stock from 300,000,000 shares to 400,000,000 shares ("Proposal 3"). As disclosed below under Item 8.01, incorporated herein by reference, upon motion the Annual Meeting was adjourned on Proposal 3.




Item 8.01 Other Events.

At the time of reconvening the Annual Meeting on July 8, 2021, there were insufficient votes to pass Proposal 3, which sought an amendment to the Company's Certificate of Incorporation to effect an increase in authorized common stock from 300,000,000 shares to 400,000,000 shares. The meeting was adjourned on Proposal 3, and as announced at the meeting, such meeting will reconvene at 9:00 a.m. Eastern Daylight Time on August 6, 2021 virtually at http://www.virtualshareholdermeeting.com/PTN2021. During the period of adjournment, the Company will continue to accept stockholder votes on Proposal 3.

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