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DewDiligence

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DewDiligence

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Re: DewDiligence post# 2344

Tuesday, 03/01/2022 3:29:51 PM

Tuesday, March 01, 2022 3:29:51 PM

Post# of 7527
RVNC fully-diluted shares @2/17/22=88.3M—a decrease of 1.1M shares since 10/28/21 (#msg-166764546).

As enumerated on page 92 of the 2021 10-K (https://www.sec.gov/ix?doc=/Archives/edgar/data/0001479290/000147929022000034/rvnc-20211231.htm#id2932a2a7f8d430d9256a3571a3eea70_232 ), the 89.4M figure above consists of: 71.5 basic shares; 4.7M options; 3.2M shares of (already issued) unvested restricted stock awards; and 8.9M shares deriving from the convertible debt issued in Feb 2020.

(Excluding the shares derived from the convertible debt, fully-diluted shares at 2/17/22 were 79.4M.)

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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