Yes, it’s rare to see a greenshoe option exercised early. My best guess is that the over-allotment shares have been sold to funds who want to show they own RVNC in their 9/30/22 end-of-quarter portfolios.
Thanks for bringing up was wondering same. Very unusual for a stock to go up in days following a substantial raise, especially when the pps was above the offering price to begin with. Options expire Friday I wonder if next two days is when they drop it closer to offering price to make some quick money. There's a wall of resistance at 29