DBV Technologies (DBVT) said late Monday it is changing its American depositary shares to ordinary shares ratio to one ADS to five ordinary shares to regain compliance with Nasdaq's minimum bid price requirement.
Currently, the ratio is one ADS to one ordinary share, and the ratio change will have the same impact as a reverse ADS split, the company said.
DBV Technologies said the ratio change will be effective on or about Nov. 29.
Price: 0.7527, Change: -0.02, Percent Change: -2.25
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