Revance Announces Closing of Public Offering of Common Stock
Gross Proceeds of Offering Total 115.0 Million
Revance Therapeutics, Inc. (Nasdaq: RVNC), a biotechnology company developing next-generation neuromodulators for use in
treating aesthetic and therapeutic conditions (“Revance” or the “Company”), today announced the closing of an underwritten public
offering of 6,764,705 shares of its common stock at a price to the public of $17.00 per share, including the exercise in full by
the underwriters of their option to purchase 882,352 additional shares of common stock. The gross proceeds to the Company from the
offering, before deducting the underwriters’ discounts and other estimated offering expense payable by the Company, were
approximately $115.0 million.
Goldman Sachs & Co. LLC, Cowen and Piper Jaffray acted as book-running managers and Guggenheim Securities acted as lead
manager.
The securities described above were offered by Revance pursuant to an automatic shelf registration statement previously filed
with the Securities and Exchange Commission on December 5, 2017. The offering was made only by means of a prospectus supplement.
When available, copies of the prospectus supplement and accompanying prospectus relating to the proposed public offering may be
obtained by contacting Goldman Sachs & Co. LLC, Prospectus Department, 200 West Street, New York, NY 10282, telephone:
1-866-471-2526, facsimile: 212-902-9316 or by emailing prospectus-ny@ny.email.gs.com; Cowen and Company, LLC, c/o Broadridge Financial
Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Attn: Prospectus Department, or by emailing PostSaleManualRequests@broadridge.com; or Piper Jaffray & Co., Attn:
Prospectus Department, 800 Nicollet Mall, J12S03, Minneapolis, MN 55402, or by telephone at 800-747-3924, or by email at prospectus@pjc.com.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall
there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be
unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
About Revance Therapeutics, Inc.
Revance is a clinical-stage biotechnology company focused on the development, manufacturing, and commercialization of novel
neuromodulators for multiple aesthetic and therapeutic indications. Revance is leveraging its proprietary portfolio of botulinum
toxin type A compounds, formulated with its patented and proprietary peptide excipient technology, to address unmet needs in large
and growing neuromodulator markets.
"Revance Therapeutics" and the Revance logo are registered trademarks of Revance Therapeutics, Inc.
INVESTORS
Revance Therapeutics, Inc.:
Jeanie Herbert, 714-325-3584
jherbert@revance.com
or
Burns McClellan, Inc.:
John Grimaldi, 212-213-0006
jgrimaldi@burnsmc.com
or
MEDIA
General Media:
TOGORUN:
Mariann Caprino, 917-242-1087
m.caprino@togorun.com
or
Trade Media:
Nadine Tosk, 504-453-8344
nadinepr@gmail.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20190122005823/en/