Revance Therapeutics (RVNC) to Offer $150M in Stock

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Revance Announces Proposed Public Offering of Common Stock

September 12, 2022 4:01 PM EDT

NASHVILLE, Tenn.--(BUSINESS WIRE)-- Revance Therapeutics, Inc. (Nasdaq: RVNC), a commercial stage biotechnology company focused on innovative aesthetic and therapeutic offerings (Revance or the Company), today announced a proposed underwritten public offering of $150 million of its common stock. In addition, Revance expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of its common stock offered in the offering. The Company intends to use the net proceeds from the offering to fund the commercialization of DAXXIFY, the RHA® Collection of dermal fillers and OPUL®, and for working capital,... More