DBV Technologies previously announced plans to change the ratio of its American depositary shares to its ordinary shares from the current ADS ratio of one ADS to one-half of one ordinary share to a new ADS ratio of one ADS to one ordinary share to be effective on or about June 3. The company now anticipates that the ADS ratio change will be effective on or about June 7. For the ADS holders, the change in the ADS ratio will have the same effect as a one-for-two reverse ADS split and is intended to enable the company to regain compliance with the Nasdaq minimum bid price requirement.
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