Benzinga | Jul 16, 2021 10:56AM EDT

PolarityTE Issues Statement About Potential Ticker Symbol Confusion

PolarityTE, Inc. (NASDAQ:PTE) is issuing the following statement:

Based on investor inquiries, it has been brought to the attention of PolarityTE that there may be confusion amongst the investment community related to PolarityTE's stock and Peet DeFi, which is a crypto currency asset, and the Company is concerned that such confusion may have affected trading in PolarityTE stock. This press release serves to inform investors that PolarityTE, traded on the Nasdaq under ticker symbol "PTE," and Peet DeFi, often referred to on social media platforms and elsewhere as "PTE coins," are completely unrelated. The Company is communicating with social media platforms in an effort to mitigate such confusion moving forward.