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Tevogen to Share Direct Registration System (DRS) Process Details Following Increased Shareholder Interest

Friday, May 2, 2025 1 min read
Key Takeaway: Tevogen Bio Holdings Inc. announced an increase in shareholder inquiries regarding the Direct Registration System (DRS) following a recent press release. The company plans to provide detailed guidance to help shareholders transfer their shares into DRS accounts. The interest from both internal and external significant shareholders reflects a strong confidence in the DRS as a secure method of ownership.

Market Sentiment Analysis

POSITIVE FACTORS

  • Increased shareholder interest in the Direct Registration System (DRS).
  • Step-by-step guidance will be provided to facilitate the registration process.
  • Confidence from major shareholders in utilizing the DRS method.

Full Press Release Details

WARREN, N.J., May 02, 2025 (GLOBE NEWSWIRE) -- Tevogen (“Tevogen Bio Holdings Inc.” or “Company”) (Nasdaq: TVGN) today announced that, following the Company’s recent press release highlighting the Direct Registration System (DRS) as a secure method of share ownership, it has received a number of inquiries from shareholders seeking additional information on how to transfer their shares to a DRS account.
In response, Tevogen will provide step-by-step guidance early next week to help interested shareholders register their shares directly with the Company’s transfer agent, Continental Stock Transfer & Trust.
The Company also notes that several of its largest shareholders, both internal and external, have elected to hold their shares via DRS, underscoring their confidence in this method of direct ownership.
Tevogen Bio Communications
T: 1 877 TEVOGEN, Ext 701
Communications@Tevogen.com

Tags

Direct Registration System

Frequently Asked Questions

What is the Direct Registration System (DRS)?

The Direct Registration System (DRS) is a secure method for share ownership.

How can shareholders transfer shares to a DRS account?

Tevogen will provide step-by-step guidance for transferring shares via DRS.

Who can help with DRS inquiries?

Shareholders can contact Tevogen Bio Communications for assistance.

Do major shareholders use DRS?

Yes, several large shareholders have chosen to hold their shares via DRS.

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Last updated: May 2, 2025