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DBV Technologies SA – American (DBVT) has issued an announcement.
DBV Technologies S.A. is altering the ratio of its American Depositary Shares (ADSs) to represent one full Ordinary Share instead of half, with the new effective date slated for June 7, 2024. This adjustment aims to potentially boost the market price per ADS, although it doesn’t guarantee compliance with Nasdaq’s minimum bid price criteria. The company has issued a press release regarding this change but clarifies that this information isn’t considered filed under the Securities Exchange Act or integrated into any Securities Act filings unless specified.
For a thorough assessment of DBVT stock, go to TipRanks’ Stock Analysis page.