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DBV to sell American Depositary Shares via initial public offering
Citigroup, Leerink are bookrunners; Bryan, Garnier and Trout to assist
By Devika Patel
Knoxville, Tenn., Sept. 22 – DBV Technologies SA will price its initial public offering of American Depositary Shares representing ordinary shares, according to a Form F-1 filed Monday with the Securities and Exchange Commission.
Citigroup and Leerink Partners are the joint bookrunners; Bryan, Garnier & Co. is the lead manager, and Trout Capital is the co-manager.
Proceeds will be used for development, expanding manufacturing infrastructure and general corporate purposes.
The biopharmaceutical company is based in Bagneux, France. The company has applied to list the ADSs on the Nasdaq under the symbol “DBVT.”
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