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Protagenic Therapeutics ( (PTIX) ) has shared an update.
On October 28, 2025, Protagenic Therapeutics, Inc. filed a Verified Complaint in the Delaware Chancery Court seeking rescission of the Share Exchange Agreement with Phytanix Bio, Inc., dated May 15, 2025. The company alternatively seeks damages and an order for the delivery of audited financial statements as stipulated in the agreement, potentially impacting its acquisition strategy and financial transparency obligations.
Spark’s Take on PTIX Stock
According to Spark, TipRanks’ AI Analyst, PTIX is a Underperform.
Protagenic Therapeutics faces significant financial difficulties, with no revenue and persistent losses. Technical indicators suggest weak market momentum, and the company’s valuation is unattractive due to negative earnings. These factors collectively result in a low overall stock score, reflecting substantial risks and challenges.
To see Spark’s full report on PTIX stock, click here.
More about Protagenic Therapeutics
Average Trading Volume: 2,671,177
Technical Sentiment Signal: Strong Sell
Current Market Cap: $4.76M
See more data about PTIX stock on TipRanks’ Stock Analysis page.