Information Regarding the Total number of Voting Rights and Total Number of Shares of the Company as of December 31, 2025
MWN-AI** Summary
As of December 31, 2025, the company reported significant details pertaining to its total number of shares and voting rights, in compliance with Article 223-16 of the General Regulations of the Autorité des Marchés Financiers. This information is crucial for investors and stakeholders as it reflects the company's governance structure and shareholder equity.
The total number of shares outstanding is recorded at 235,670,864. These shares serve as the foundation for the company's capital and are essential for determining ownership stakes among shareholders. Importantly, the total gross of voting rights is also noted to be 235,670,864, indicating that each share carries a voting right, underscoring the company's commitment to governance transparency.
However, the document specifies a distinction between gross and net voting rights. The total net of voting rights amounts to 235,596,284, which accounts for shares without voting rights. The difference between gross and net totals often arises from certain securities instruments, which may not convey voting rights, such as preferred shares or specific employee stock options.
Additionally, it is noteworthy that this information updates and supersedes the previously published data from January 5, 2026. The adjustments were made to reflect the earlier exercise of various securities instruments, particularly relating to employee stock ownership plans and warrants resulting from past financing transactions.
This disclosure not only ensures compliance with regulatory requirements but also provides clear and accurate information to the market, reaffirming the company’s commitment to maintaining robust governance practices and providing stakeholders with detailed insights into its equity structure.
MWN-AI** Analysis
As of December 31, 2025, the total number of shares for the company stood at 235,670,864, with an equivalent total gross number of voting rights. However, the net voting rights are slightly lower at 235,596,284, indicating a small number of shares—74,580—do not confer voting rights, likely due to employee stock ownership plans and other financial instruments.
This adjustment to the voting rights information is pertinent for investors as it reflects the actual control exerted by shareholders over the company, particularly following the early exercise of securities related to employee programs and warrants. A precise count of voting rights provides insights into shareholder engagement and potential influence over corporate decisions, which can affect stock performance and market perception.
The fact that the document, published on January 5, 2026, became obsolete shortly after suggests a dynamic capital structure subject to changes initiated by employee incentives and warrant conversions. For existing and prospective investors, this information is crucial as it signals the company's active approach to capital management and workforce engagement.
Investors might consider the total voting rights in conjunction with the company’s strategic plans and how broadly shares are distributed among investors. A high concentration of voting rights could indicate potential governance issues if a small number of shareholders wield disproportionate influence. Conversely, diverse ownership can lead to robust governance and shareholder alignment.
Overall, keeping abreast of changes in share and voting right structures—especially after significant corporate actions—is essential for informed investment decisions. With the company’s structural changes in focus, it would be wise to monitor further developments closely as they could significantly influence future stock performance on the NYSE Euronext Paris.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Information Regarding the Total number of Voting Rights and
Total Number of Shares of the Company as of December 31, 2025
(Article 223-16 of the General Regulations of the Autorité des Marchés Financiers)
| Notice: This document supersedes and replaces the information previously published on January 5, 2026, to account for the earlier exercise of various securities instruments, in connection with the Company’s employee stock ownership plans and warrants from a previous financing transaction. |
Market : NYSE Euronext Paris
ISIN Code: FR 0010417345
| Date | Total number of shares | Total number of voting rights |
| 12/31/2025 | 235,670,864 | Total gross of voting rights: 235,670,864 |
| Total net* of voting rights: 235,596,284 |
* Net total = total number of voting rights attached to shares – shares without voting rights
Attachment
FAQ**
How does the total number of voting rights for DBV Techs Boulogne Bill DBVTF as of December 32025, compare to previous years, particularly regarding the influence of employee stock ownership plans?
Can you provide a breakdown of the shares without voting rights for DBV Techs Boulogne Bill DBVTF that contribute to the difference between total gross and net voting rights?
What specific factors led to the earlier exercise of various securities instruments for DBV Techs Boulogne Bill DBVTF that impacted the total number of shares and voting rights reported on December 31, 2025?
How does the total net voting rights of 235,596,284 for DBV Techs Boulogne Bill DBVTF as of December 31, 2025, affect shareholder influence during corporate governance decisions?
**MWN-AI FAQ is based on asking OpenAI questions about DBV Technologies S.A. (NASDAQ: DBVT).
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