<SEC-DOCUMENT>0001829126-24-005551.txt : 20240815
<SEC-HEADER>0001829126-24-005551.hdr.sgml : 20240815
<ACCEPTANCE-DATETIME>20240815092910
ACCESSION NUMBER:		0001829126-24-005551
CONFORMED SUBMISSION TYPE:	NT 10-Q
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20240630
FILED AS OF DATE:		20240815
DATE AS OF CHANGE:		20240815
EFFECTIVENESS DATE:		20240815

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TITAN PHARMACEUTICALS INC
		CENTRAL INDEX KEY:			0000910267
		STANDARD INDUSTRIAL CLASSIFICATION:	BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836]
		ORGANIZATION NAME:           	03 Life Sciences
		IRS NUMBER:				943171940
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		NT 10-Q
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13341
		FILM NUMBER:		241210843

	BUSINESS ADDRESS:	
		STREET 1:		400 OYSTER POINT BLVD
		STREET 2:		SUITE 505
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94080
		BUSINESS PHONE:		6502444990

	MAIL ADDRESS:	
		STREET 1:		400 OYSTER POINT BLVD
		STREET 2:		SUITE 505
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94080
</SEC-HEADER>
<DOCUMENT>
<TYPE>NT 10-Q
<SEQUENCE>1
<FILENAME>titanpharma_nt10q.htm
<DESCRIPTION>NT 10-Q
<TEXT>
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</p>

<!-- Field: Rule-Page --><div style="margin-top: 0pt; margin-bottom: 0pt; width: 100%"><div style="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid">&nbsp;</div></div><!-- Field: /Rule-Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</p>

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    <td style="text-align: center; width: 25%">&nbsp;</td>
    <td style="text-align: center; width: 50%">UNITED STATES</td>
    <td style="text-align: center; width: 25%">&nbsp;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="text-align: center">&nbsp;</td>
    <td style="text-align: center">SECURITIES AND EXCHANGE COMMISSION </td>
    <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center">SEC FILE NUMBER</td></tr>
  <tr style="vertical-align: bottom">
    <td style="text-align: center">&nbsp;</td>
    <td style="text-align: center">Washington, D.C. 20549</td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center">001-13341</td></tr>
  <tr style="vertical-align: top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td></tr>
  <tr style="vertical-align: top">
    <td>&nbsp;</td>
    <td style="text-align: center"><b>FORM 12b-25</b></td>
    <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center">CUSIP NUMBER</td></tr>
  <tr style="vertical-align: top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center">888314705</td></tr>
  <tr style="vertical-align: top">
    <td>&nbsp;</td>
    <td style="text-align: center">NOTIFICATION OF LATE FILING </td>
    <td>&nbsp;</td></tr>
  </table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</p>

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    <TD STYLE="vertical-align: top; text-align: right; width: 1.25in">(Check One): </td>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</td>
    <TD STYLE="vertical-align: bottom">
        <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9744; </FONT>Form
        10-K&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif">&#9744;</FONT> Form 20-F&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif">&#9744; </FONT>Form
        11-K&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif">&#9745;</FONT> Form 10-Q&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif">&#9744; </FONT>Form
        10-D&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif">&#9744;</FONT> Form N-CEN&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif">&#9744; </FONT>Form
        N-CSR</p></td></tr>
  <tr>
    <TD>&nbsp;</td>
    <td colspan="2">&nbsp;</td></tr>
  <tr>
    <TD STYLE="vertical-align: top">&nbsp;</td>
    <TD STYLE="vertical-align: bottom">&nbsp;</td>
    <TD STYLE="vertical-align: bottom">For Period Ended: <B>June&nbsp;30, 2024</B></td></tr>
  </table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</p>

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    <TD STYLE="border: black 1pt solid; padding-right: 5.9pt; padding-left: 5.9pt; text-align: center; width: 100%"><b>Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.</b></td></tr>
  </table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>&nbsp;</b></p>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><b>PART I &mdash; REGISTRANT INFORMATION </b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center; width: 100%">Titan Pharmaceuticals, Inc.</td> </tr>
  <tr>
    <td style="text-align: center"><I>Full Name of Registrant</I></td> </tr>
  <tr>
    <td style="text-align: center"><I>&nbsp;</I></td> </tr>
  <tr>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center"><I>&nbsp;</I></td> </tr>
  <tr>
    <td style="text-align: center"><I>Former Name of Registrant (If Applicable)</I></td> </tr>
  <tr>
    <td style="text-align: center"><I>&nbsp;</I></td> </tr>
  <tr>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center">400 Oyster Point Blvd., Suite 505</td> </tr>
  <tr>
    <td style="text-align: center"><I>Address of Principal Executive Office (Street and Number)</I></td> </tr>
  <tr>
    <td style="text-align: center"><I>&nbsp;</I></td> </tr>
  <tr>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center">South San Francisco, California 94080</td> </tr>
  <tr>
    <td style="text-align: center"><I>City, State and Zip Code</I></td> </tr>
  </table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</p>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><b>PART II &mdash; RULES 12b-25(b) AND (c) </b></p>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</p>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate.)</p>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</p>

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    <TD ROWSPAN="3" STYLE="text-align: justify; border-right: black 1pt solid; width: 0.5in"><font style="font-family: Times New Roman, Times, Serif">&#9745;</font></td>
    <TD STYLE="vertical-align: top; text-align: center; width: 0.5in">(a)</td>
    <TD STYLE="vertical-align: top; text-align: justify">The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;</td></tr>
  <tr style="vertical-align: top">
    <TD STYLE="text-align: center">(b)</td>
    <TD STYLE="text-align: justify">The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-CEN or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and</td></tr>
  <tr style="vertical-align: top">
    <TD STYLE="text-align: center">(c)</td>
    <TD STYLE="text-align: justify">The accountant&#8217;s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.</td></tr>
  </table>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</p>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><b>PART III &mdash; NARRATIVE </b></p>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</p>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-CEN, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.</p>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Titan Pharmaceuticals, Inc. (&#8220;we&#8221;
or &#8220;our&#8221;) is unable to file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2024 (the &#8220;Report&#8221;) without
unreasonable effort or expense due to delays in obtaining and compiling information for inclusion in the Report. We expect to be able
to file the Report on or before the fifth calendar day following its original prescribed due date.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify">&nbsp;</p>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><b>PART IV &mdash; OTHER INFORMATION </b></p>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: top; text-align: justify">
    <TD STYLE="width: 0.25in; text-align: justify">(1)</td>
    <TD STYLE="text-align: justify">Name and telephone number of person to contact in regard to this notification</td> </tr>
  </table>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.5in; margin: 0pt 0">&nbsp;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center; width: 32%"><B>Dato&#8217; Seow Gim Shen</B></td>
    <TD STYLE="padding-bottom: 1pt; text-align: center; width: 2%"><B>&nbsp;</B></td>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center; width: 32%"><B>(650)</B></td>
    <TD STYLE="padding-bottom: 1pt; text-align: center; width: 2%"><B>&nbsp;</B></td>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center; width: 32%"><B>244-4990</B></td></tr>
  <tr style="vertical-align: top">
    <TD STYLE="text-align: center">(Name)</td>
    <TD STYLE="text-align: center">&nbsp;</td>
    <TD STYLE="text-align: center">(Area Code)</td>
    <TD STYLE="text-align: center">&nbsp;</td>
    <TD STYLE="text-align: center">(Telephone Number)</td></tr>
  </table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
  <tr style="vertical-align: top; text-align: justify">
    <td style="width: 0.25in; text-align: left">(2)</td>
    <TD STYLE="text-align: justify">Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act
of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant
was required to file such report(s) been filed? If answer is no, identify report(s). <FONT STYLE="font-family: Times New Roman, Times, Serif">&#9745;&nbsp;</FONT>Yes&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif">&#9744;&nbsp;</FONT>No</td> </tr>
  </table>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%; border-collapse: collapse">
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    <TD STYLE="width: 0.25in; text-align: justify">(3)</td>
    <TD STYLE="text-align: justify">Is it anticipated that any significant change in results of operations from the corresponding period
for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? <FONT STYLE="font-family: Times New Roman, Times, Serif">&#9744;&nbsp;</FONT>Yes&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif">&#9745;&nbsp;</FONT>No</td> </tr>
  </table>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</p>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0">If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Titan Pharmaceuticals, Inc.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>(Name of Registrant as Specified in Charter)</I></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</p>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</p>

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    <TD STYLE="text-align: left">Date</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">August&nbsp;15, 2024</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">By</td>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; text-align: left">/s/ Dato&#8217; Seow Gim Shen</td></tr>
  <tr style="vertical-align: top">
    <TD STYLE="text-align: left; width: 5%">&nbsp;</TD>
    <TD STYLE="text-align: left; width: 15%">&nbsp;</TD>
    <TD STYLE="text-align: left; width: 30%">&nbsp;</TD>
    <TD STYLE="text-align: left; width: 4%">&nbsp;</td>
    <TD STYLE="text-align: left; width: 5%">Name:</TD>
    <TD STYLE="text-align: left; width: 41%">Dato&#8217; Seow Gim Shen</TD></tr>
  <tr style="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</td>
    <TD STYLE="text-align: left">Title:</TD>
    <TD STYLE="text-align: left">Chief Executive Officer</TD></tr>
  </table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</p>

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