Replies to post #1706 on Revance Therapeutics Inc (RVNC)

[WID]

That's the reason RVNC drops today. It's time to buy more. Just loaded a few more shares today. We look for FDA inspection of the CMC and then full approval.

WID

[DewDiligence]

RVNC files new shelf registration to_replace_expiring_shelf_from_Nov_2020:

https://www.sec.gov/Archives/edgar/data/1479290/000119312523277129/d325228ds3asr.htm (11/14/23)

https://www.sec.gov/Archives/edgar/data/1479290/000119312520304517/d848124ds3asr.htm (11/27/20)

Shelf registrations are valid for three years, so the shelf filed on 11/27/20 was nearly expired. Filing a new shelf is standard procedure and it does not mean RVNC plans to sell stock or debt in the near future.

Note: There is $47.2M remaining from the $150M ATM that RVNC established with Cowen in May 2022 (https://www.sec.gov/Archives/edgar/data/1479290/000119312522146394/d305234d424b5.htm ).