DBV Technologies plans 1-for-2 reverse ADS split effective June 3 to meet Nasdaq bid price

DBV Technologies S.A.

ADS ratio changes from 1 ADS = 1/2 ordinary share to 1 ADS = 1 ordinary share.
Effective date on or about June 3, 2024; every two existing ADSs exchanged for one new ADS.
No impact on underlying ordinary shares; no fractional new ADSs will be issued.
Intent is to regain compliance with Nasdaq minimum bid price requirement.
Company gives no assurance that the split will result in meeting or maintaining the bid price rule.

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