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

1. Tevogen highlights DRS as a secure share ownership method. 2. Shareholder inquiries on DRS indicate strong interest in direct ownership. 3. Step-by-step guidance for transferring shares to DRS will be provided soon. 4. Major shareholders favor DRS, showing confidence in its advantages.

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FAQ

Why Bullish?

Increased shareholder confidence through DRS may enhance TVGN's market perception, similar to past DRS adoptions by other firms leading to positive share performance.

How important is it?

PClear communication on DRS reflects the company's proactive stance, reassuring investors and potentially boosting share activity.

Why Short Term?

The immediate guidance on DRS aligns with current shareholder interests, likely affecting trading behavior soon.

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XBINDAQSPY
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. Contacts Tevogen Bio Communications T: 1 877 TEVOGEN, Ext 701 Communications@Tevogen.com

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