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DewDiligence

11/16/20 10:21 AM

#1678 RE: DaveAu #1676

Ok—I’m convinced! In the calculation of RVNC’s 9/30/20 pro forma net cash that I will repost, I’ll reduce net cash by the full $4M milestone payment due on FDA approval of Daxi (not the $3.2M probability-weighted figure on the balance sheet).

Thank you for taking the time to clarify this matter.