secwatch.observer — SEC 8-K summary
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Issuer:     DBV Technologies S.A. (DBVT)
CIK:        0001613780
Form:       8-K
Filed at:   2024-05-17T23:59:59+00:00
Accession:  0001193125-24-141809
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1613780/000119312524141809/0001193125-24-141809-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1613780/000119312524141809/d757512d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-141809

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