Replies to post #214877 on Biotech Values

[jbog]

While the numbers are very small, >13% in warrants, options etc is rather high.

[DewDiligence]

RVNC’s fully-diluted* share count—(for valuation purposes)—is 41.1M. This figure consists of: 30.9M basic shares on the 9/30/17 balance sheet (https://www.sec.gov/Archives/edgar/data/1479290/000147929017000042/rvncq31710q.htm#s566245125C215CE2A164C516887ADD48 ); 4.1M options, warrants, and non-vested restricted stock (ibid, page 18); and 6.1M shares sold in the public offering on 12/7/17 (assuming exercise of the underwriter’s option).

*Non-treasury method.