Inventiva Announces Completion of Stabilization Operations for its US Offering
Inventiva has announced the conclusion of stabilization operations related to its public offering in the United States, involving American Depositary Shares (ADS).
Details of the Public Offering
According to the announcement, Inventiva recently launched a public offering in the United States involving 38,961,038 American Depositary Shares (ADS), each ADS representing one ordinary share of the company with a nominal value of 0.01 euros. The bookrunners associated with the operation fully exercised their option to subscribe to an additional 5,844,155 ADSs. The offering price was set at $3.85 per ADS on the Nasdaq Global Market.
Role of Piper Sandler and Stabilization Period
Inventiva reports that Piper Sandler acted as the stabilization agent for these shares. The stabilization period took place from November 13 to November 17, 2025. During this period, Piper Sandler purchased 20,700 shares at an average price of $3.6933, with a low of $3.58 and a high of $3.72, totaling $76,451.31.
Regulatory Compliance and Publication Obligations
Inventiva clarifies that these operations were carried out in accordance with the European Market Abuse Regulation and the Delegated Regulation. The announcement also serves to fulfill the publication obligations for Piper Sandler. It is emphasized that the document does not constitute an offer or solicitation to purchase securities in any jurisdiction. Furthermore, the securities from the offering are not intended for the general public in France, except for certain qualified investors, and are subject to restrictions in the European Economic Area and the United Kingdom.
