Corporate ActionJul 17, 2026, 05:01 PM
DBV Technologies Files $150M ATM Prospectus for ADS Sales
AI Summary
DBV Technologies has filed a new automatically effective shelf registration statement with the SEC, refreshing its At-The-Market (ATM) offering program. This allows the company to offer and sell up to $150 million of American Depositary Shares (ADS) through Citizens JMP Securities, LLC. The net proceeds from any sales are intended to fund manufacturing expansion, BLA filings for Viaskin Peanut, launch preparation, product candidate development, and general corporate purposes.
Key Highlights
- Filed an automatically effective shelf registration statement on Form S-3ASR.
- Refreshed At-The-Market (ATM) offering program for up to $150 million in ADS sales.
- Each ADS represents five ordinary shares of the Company.
- Citizens JMP Securities, LLC is acting as the sales agent.
- Proceeds to be used for manufacturing expansion, BLA filings, Viaskin Peanut launch prep, product development, and general corporate purposes.
Price Impact
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