DBV Technologies plans 1-for-5 ADS reverse split effective Nov 29 to regain Nasdaq compliance

DBV Technologies S.A.

ADS ratio changes from 1 ADS = 1 ordinary share to 1 ADS = 5 ordinary shares.
Effective on or about November 29, 2024; mandatory surrender of certificated ADSs.
Intended to enable DBV to regain compliance with Nasdaq minimum bid price requirement.
No impact on underlying ordinary shares; fractional ADS entitlements sold and cash distributed.
Company gives no assurance that reverse split will satisfy Nasdaq requirement.

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