Replies to post #3487 on Revance Therapeutics Inc (RVNC)

[stocksrising]

Appreciate summary from 10k, TY.. wasn’t thrilled about the ongoing litigation(s) found in report however…
Kinda figured Mr. Market didn’t like the extra Opex but Foley explained it pretty well on CC…

[DewDiligence]

RVNC fully-diluted shares @4/28/23=102.8M—an increase of 1.7M since 12/31/22 (#msg-171323876):

• 84.0M basic shares on the 3/31/23 balance sheet (https://www.sec.gov/ix?doc=/Archives/edgar/data/0001479290/000147929023000072/rvnc-20230331.htm#ia1ea4fa82c274a04af0ffacf37952862_16 );

• 4.5M stock options (ibid p.36);

• 5.4M shares of unvested restricted stock and RSU/PSUs (ibid); and

• 8.9M shares deriving from the convertible debt issued in Feb 2020.

Note: No shares have been sold under the 2022 ATM facility (as of 3/31/23).