DBV Technologies (DBVT) to Implement ADS Ratio Change

Go back to DBV Technologies (DBVT) to Implement ADS Ratio Change

DBV Technologies Announces Plan to Implement ADS Ratio Change

May 31, 2024 9:51 AM EDT

Châtillon, France, May 31, 2024

DBV Technologies Announces Plan to Implement ADS Ratio Change

DBV Technologies (Euronext: DBV ISIN: FR0010417345 Nasdaq Stock Market: DBVTCUSIP: 23306J101), a clinical-stage biopharmaceutical company focused on treatment options for food allergies and other immunologic conditions with significant unmet medical need, previously announced plans to change the ratio of its American Depositary Shares (ADSs) to its ordinary shares (the ADS Ratio), nominal value 0.10 (ten cents) per share, from the current ADS Ratio of one (1) ADS to one-half (1/2) of one (1) ordinary share to a new ADS Ratio of... More