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usma67korea

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usma67korea

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Saturday, 06/08/2024 11:08:01 AM

Saturday, June 08, 2024 11:08:01 AM

Post# of 7962

Saw this below on twitter:

"The $100m raise in Q1 is included in the cash of $277m as of March 31, 2024. It is not additional.

At the current loss rate of ~$50m/Q, $RVNC need to make such a $100m raise every other quarter until they are "EBITDA positive in 2025" or even longer to pay off their debt.

Anyone confirm $277M includes the $100 raise? also what could RVNC do to get some debt relief. seems that's #1 reason of concern, amongst many others
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