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Abivax announces temporary trading halt of its ordinary shares on Euronext Paris

Key Takeaway: Abivax SA has announced a temporary trading halt of its ordinary shares on Euronext Paris at the company's request. The halt is related to the public offering of American Depositary Shares in the United States and is intended to allow confirmation of investor allocations and pricing. Trading is expected to resume on the same day at approximately 3:30 p.m. CEST. Abivax is a biotechnology company focused on therapeutics for chronic inflammatory diseases, with its lead drug candidate, obefazimod, in Phase 3 trials for ulcerative colitis.

Market Sentiment Analysis

POSITIVE FACTORS

  • Temporary trading halt allows for orderly completion of public offering.
  • Expected to resume trading on the same day, minimizing disruption.
  • Company continues its focus on immune response therapies.

Full Press Release Details

Abivax announces temporary trading halt of its ordinary shares on Euronext Paris
PARIS, France, July 24, 2025 – 07:30 a.m. (CEST) – Abivax SA (Euronext Paris: FR0012333284 – ABVX) (“Abivax” or the “Company”), a clinical-stage biotechnology company focused on developing therapeutics that harness the body’s natural regulatory mechanisms to modulate the immune response in patients with chronic inflammatory diseases, announced today that trading of its ordinary shares on the regulated market of Euronext Paris (“Euronext Paris”) will be temporarily halted, at the Company’s request, from the opening of the market at 9:00 a.m. CEST. This trading halt takes place in the context of the previously announced public offering by the Company of its American Depositary Shares, each representing one ordinary share, €0.01 nominal value per share, of the Company, in the United States (the “Offering”), in order to allow for the confirmation of allocations to investors and the announcement of the pricing of the Offering.
This suspension will be effective until a new communication is released by the Company. Trading on Euronext Paris is expected to resume today, July 24, 2025, at approximately 3:30 p.m. (CEST).
Abivax is a clinical-stage biotechnology company focused on developing therapeutics that harness the body’s natural regulatory mechanisms to stabilize the immune response in patients with chronic inflammatory diseases. Based in France and the United States, Abivax’s lead drug candidate, obefazimod (ABX464), is in Phase 3 clinical trials for the treatment of moderately to severely active ulcerative colitis.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities of the Company, nor shall there be any sale of such securities, in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Frequently Asked Questions

Why was Abivax's trading temporarily halted?

Abivax requested a trading halt to confirm allocations and announce pricing for its public offering.

When will trading of Abivax shares resume?

Trading on Euronext Paris is expected to resume today at approximately 3:30 p.m. CEST.

What is the focus of Abivax as a biotech company?

Abivax develops therapeutics that modulate the immune response in chronic inflammatory diseases.

What is Abivax's lead drug candidate?

Abivax's lead drug candidate is obefazimod (ABX464), in Phase 3 trials for ulcerative colitis.

Is this press release an offer to sell securities?

No, this press release does not constitute an offer to sell or buy any securities.

Last updated: Jul 24, 2025