DBV Technologies delays ADS ratio change to June 7, 2024; 1-for-2 reverse split

DBV Technologies S.A.

ADS ratio change expected effective June 7, 2024, previously planned June 3.
New ratio: 1 ADS = 1 ordinary share, replacing current 1 ADS = 1/2 share (effective 1-for-2 reverse split).
Change intended to help regain Nasdaq minimum bid price compliance; no assurance it will succeed.
No impact on underlying ordinary shares; fractional ADS entitlements to be sold and proceeds distributed.

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