Revance Therapeutics Inc News - RVNC

Real-time discussions and trading ideas: Trade with confidence with our powerful platform.

Crown Laboratories Completes Acquisition of Revance Therapeutics

Yesterday, Crown Laboratories, Inc. ("Crown"), a Hildred Capital portfolio company and privately held, global innovative leader in the skincare...

Form 4 - Statement of changes in beneficial ownership of securities

Form 8-K - Current report

Crown Laboratories Announces Completion of Acquisition of Revance Therapeutics

Crown Laboratories Announces Completion of Acquisition of Revance Therapeutics PR Newswire JOHNSON CITY...

The Gross Law Firm Notifies Shareholders of Revance Therapeutics, Inc.(RVNC) of a Class Action Lawsuit and an Upcoming Deadline

The Gross Law Firm Notifies Shareholders of Revance Therapeutics, Inc.(RVNC) of a Class Action Lawsuit and an...

vinmantoo 2 days ago

If only we could be as wise as CosmeticMD, the king of gracious posting.

You mean the proven liar who whined people didn't trust a liar.

👍️ 1

Ellington 2 days ago

If only we could be as wise as CosmeticMD, the king of gracious posting.

👍️0

PioneerUniverse8 2 days ago

reading some of my old posts... Boy was I wrong.

👍️0

CosmeticMD 3 days ago

And this is what happens to ignorami who ignore actual real world experience. Enjoy your $3.65 a share (which is about 1/10 what I sold my Revance Shares for)

👍️0

CosmeticMD 3 days ago

Naw, seeing patients all day, busier than ever. But good luck in the future. Maybe listen to those who actually use the product instead of some guy that bases his entire investment philosophy on a single study.

👍️ 1

alertmeipp 3 days ago

Goodbye, everyone—wishing you all the best in your future investments!

👍️ 4

vinmantoo 3 days ago

I'm sorry you lost your license to practice medicine..

That is what happens to an "MD" who lies and pretends. I didn't bother reading the comment of that proven liar.

👍️0

biotech_researcher 4 days ago

I'm sorry you lost your license to practice medicine.. Good luck to you..

👍️ 1

alertmeipp 4 days ago

Had really high hope for the product, thought the turnaround would gain the traction and worst case would be a sale, but with higher price.

Management either corrupted or sucks

👍️ 1

CosmeticMD 4 days ago

I'll miss all of you. Especially the ones who told me I was wrong when I said this was a crap product and a crap company a year and a half ago...

👍️ 2

YY1000 4 days ago

FYI, I sold all my RVNC shares in a Fidelity Roth account at 3:57pm with a 3.65 limit (so I wouldn't have to worry about this account getting paid) and the order was filled at 3.66! Size was higher than a similar order for 50,000 shares on Schwab that was filled at 3.65. That is significantly better execution on Fidelity! The highest price I see in trades around this time is 3.655, so almost looks like Fidelity ate a couple hundred dollars on this transaction. Strange...

Now have to wait and see how long it takes until my remaining shares get paid.

👍️0

YY1000 4 days ago

Answering my question here... there is a 0.0002674 exchange fee per share on the sale, so unless one gets at least 3.6503 execution, it is better to wait until closing tomorrow. As a retail investor I cannot specify a fractional cent limit.

I wonder if buyers that are paying 2.655 today (also there have been some trades at 2.66) could be shorts covering or closing other hedges, who if they had waited until tomorrow might have faced fees higher than 0.005 per share to close their positions.

👍️ 1

Ellington 4 days ago

And why is someone paying more than $3.65?

I sold all today.

👍️0

YY1000 4 days ago

I don't know about biggest, but certainly my costliest investing mistake...
Any reason not to sell today? I have not tendered any shares and this way I get the money a day early...
Updating the previous version of this message, on 1000 share trades Schwab gives me 3.6505, but on 50,000 shares I got 3.6500, so I don't see a way to get a better price, even though several trades go through at 3.655...

👍️0

vinmantoo 4 days ago

RVNC was my biggest investing mistake ever. Daxxify is a great product, but management undercut the company's prospects again and again. C'est la vie.

Dew, I sold the rest of my RVNC shares on Monday. I didn't want to open my Schwab account and see RVNC listed among my holdings, even though it just advanced that outcome by a few days. Better luck next for both of us on our other investments.

👍️0

valiano 4 days ago

Thanks for posting your thoughts all along, Dew. I'm sure you'll bounce back :)

👍️ 1

Ellington 5 days ago

Why is the bid-ask at 3.65-3.66, with more at the bid?

👍️0

DewDiligence 5 days ago

Crown-RVNC merger will close tomorrow (2/6/25):

https://www.sec.gov/Archives/edgar/data/1479290/000119312525020472/d814461dsc14d9a.htm

82% of RVNC shares tendered, exceeding the 50% threshold for completing the deal.

RVNC was my biggest investing mistake ever. Daxxify is a great product, but management undercut the company's prospects again and again. C'est la vie.

👍️ 8

Emannow 1 week ago

Allergan continues to lose market share in both toxin and filler!

Sadly, Foley blew all the RVNC’s cash with his terrible decisions and destroyed the company! Now Bill Meury from Crown Labs told me years ago, that Foley was a terrible person and idiot! Bill was right!!!

Global net revenues from the aesthetics portfolio were $1.298 billion, a decrease of 5.2 percent on a reported basis, or 4.4 percent on an operational basis.
Global Botox Cosmetic net revenues were $687 million, a decrease of 4.2 percent on a reported basis, or 3.4 percent on an operational basis.
Global Juvederm net revenues were $279 million, a decrease of 16.3 percent on a reported basis, or 15.1 percent on an operational basis.

👍️ 4

IanFromSI 1 week ago

If the deal is terminated without Crown Labs buying RVNC, then those who have not yet sold their shares will get whatever the market offers.

Worst case, given that Revance management has issued multiple going concern warnings, those still holding the shares may end up with zero dollars to show for it.

If crown labs gets at least 50% of the shares (plus one share), then it can force any remaining holders of its shares to sell at the tender price

👍️ 1

DewDiligence 1 week ago

If the deal goes through, shareholders who don't tender get the same payout as those who do tender, but it may take slightly longer to get paid.

👍️ 2

Ellington 1 week ago

I wonder if that's the end of the game.

There was something in the SEC document about a two-step process, such that people not tendering could conceivably lose out if the second step didn't happen.

👍️0

DewDiligence 2 weeks ago

Teoxane throws in the towel—will tender shares to Crown:

https://www.sec.gov/Archives/edgar/data/1479290/000095010325001086/xslSCHEDULE_13D_X01/primary_doc.xml

Teoxane was bluffing about wanting to acquire RVNC, IMO, but the bluff succeeded in getting Crown to pay an additional $0.55/sh.

👍️ 1

MrMILL 3 weeks ago

What does that even mean? If I'm not mistaken, we are done here with them accepting Crowns deal at $3.65? I was hoping that TEOXANE would counter it back at $4.00 and Crown would walk. Foley is definitely in bed with Crown.

👍️0

alertmeipp 3 weeks ago

the buyout deal is terminated.

Maybe a bit selfish here, but that would be a nice outcome and I would happily buy back my shares if that happens.

👍️ 1

DewDiligence 3 weeks ago

RVNC accepts Crown’s $3.65/sh—tender_must_be_completed_by 2/7/25:

https://investors.revance.com/investors/Press-Releases/news-details/2025/Crown-Laboratories-and-Revance-Amend-the-AR-Merger-Agreement-to-Increase-Offer-Price-to-3.65-per-Share-and-Extend-Existing-Tender-Offer/default.aspx

If Crown does not obtain a majority of RVNC shares by 2/7/25, the buyout deal is terminated.

👍️0

stocksrising 3 weeks ago

better than most of us who sold ALL ( some at $6.51 and $3.07ish).. only some friends and fam didn't sell/tender yet.. Crown not giving bod much time to decide, shotgun wedding it seems :)....will be interesting* if Teox comes back today with any filings( Sec, or RVNC) with higher bid, or at this point, who knows?????
actually don't care anymore with this drama show, just focusing on 3 other potential 5/10 baggers in 2025...
* for existing SH's

👍️ 1

vinmantoo 3 weeks ago

The Crown Proposal remains subject to formal consent and approval from both Crown’s Board of Directors and Revance’s Board. Crown indicated that the $3.65 offer expires at 4:10 p.m., Eastern Time, on January 17, 2025. The Revance Board will evaluate the Crown Proposal consistent with its duties.

The scumbags at Crown are giving RVNC only ONE day to consent. Come on Teoxane, beat that offer.

🤣 1

vinmantoo 3 weeks ago

$3.65 is my guess, lmao …today!!

You can thank me for the price rise as I sold half my remaining shares yesterday just before close.

👍️0

whoswho 3 weeks ago

Item 8. Additional Information to be Furnished.

Item 8 (“Additional Information”) of the Schedule 14D-9 is hereby amended and supplemented by adding the following information set forth below after the last paragraph of the subsection entitled “Subsequent Events”:

On January 16, 2025, Crown provided to Revance non-binding proposed amendments to the A&R Merger Agreement, Equity Commitment Letter and Limited Guarantee (together, the “Crown Proposal”). The Crown Proposal contemplates the following material changes to the terms of the A&R Merger Agreement: (i) an increase in the Offer Price to $3.65 per share; (ii) an increase in the Company Termination Fee to $15,290,488.66; and (iii) an increase in the Parent Termination Fee to $22,935,732.99. The Crown Proposal remains subject to formal consent and approval from both Crown’s Board of Directors and Revance’s Board. Crown indicated that the $3.65 offer expires at 4:10 p.m., Eastern Time, on January 17, 2025. The Revance Board will evaluate the Crown Proposal consistent with its duties.

👍️0

whoswho 3 weeks ago

Thanks for the info!

so now the race is between $3.60 vs $3.65. LOL

👍️0

anesthesia doc 3 weeks ago

Crown raised their offer to $3.65

👍️0

whoswho 3 weeks ago

Any news today? why the sudden jump to $3.60+?

👍️0

stocksrising 3 weeks ago

$3.65 is my guess, lmao …today!!

😀 2

MrMILL 4 weeks ago

Do you or anyone else have an opinion on the latest extension? Also, the number of shares tendered by shareholders appears very low, or am I not understanding the amount they need? I for one am holding my shares. I figure the worst case scenario is $3.10....

👍️0

MeteoricChimera43 1 month ago

Pomerantz’s Law http://www.pomlaw.com/

They are the first and only Law firm to have already filed an actual case against RVNC and will likely be the lead in a Class Action. You don’t need to still have shares. As long as you owned shares sometime from February 2024 to December 6th, you qualify

👍️ 1

stocksrising 1 month ago

Did you go with Josh? {Fruchter}..if so, I started to send docs but decided to just take the hit and move on ...good luck, we will all "win" something ( pennies perhaps) but will get more satisfaction for Fooley & Crew's loss !! GLTA

👍️0

MeteoricChimera43 1 month ago

Read the new 8k today from Revance talking about considering Teoxane
proposal and Crowns letter to Revance basically acting like “take our offer or we will back out”. How Teoxanes offer isn’t vetted, with no proof that their financing is all committed, therefore not even a valid offer. Basically telling.Revance that they’re not gonna budge and they’re not gonna extend their tender offer termination for next week. I think we all know they’re full of shit and still want the deal and will easily pay 4 to 5 dollars a share to get it. It’ll be interesting to see how long this battle takes, and who comes out on top. Myself and two of my good friends who are large holders of RVNC we’re just named as lead, plaintiffs through one of the biggest law firms and the first firm to file actual suit against Revance last week

👍️ 3

MeteoricChimera43 1 month ago

What are your guesses about how much Crown will raise their offer price to and when?

👍️0

biotech_researcher 1 month ago

With the negative response by the market, the arbs are not engaged..

👍️0

Tal10 1 month ago

Let the lawsuits against Teoxane begin! This has corruption written all over it.

👍️0

soma2022 1 month ago

I feel that Bill Meury (Chair of Crown and Hildred Capital Senior Adviser) will not want over 1 year of hard work and expense to slip away at just a $0.50/share higher price = $52M.

Background of Bill Meury: https://www.hildred.com/team/bill-meury
Allergan's Chief Commercial Officer from 2015 to 2020. Bill was with Actavis in 2014 and was instrumental along with Brent Saunders in blocking Valeant's hostile takeover of Allergan. Actavis then took on the Allergan name and was eventually acquired by Abbvie in 2019.
https://www.reuters.com/article/business/allergan-agrees-to-66-billion-actavis-offer-valeant-walks-idUSKCN0J00W7/

There are indications that Allergan looked at potentially acquiring Revance some 8 to 10 years ago. If these rumors are true, then Bill Meury would have been actively involved in those discussions. If this is the case, then Bill has been patiently stalking Revance waiting for an opportunity like this for almost 10 years.

There is a reasonably strong possibility that Crown will increase their offer price.

👍️ 3 💯 1

stocksrising 1 month ago

this offer wasn't shocking to me, anyway.. but needed the funds and loss to build positions in 3 other Bio's... good on you for still in game, we shall see how this drama plays out over coming days.. I think Anus( ANGUS, SORRY Still pissed about b.o.d's) is focused on Structure Thera and can give 2 sh*ts about shareholders :(
still, GLTA that own

👍️ 1

soma2022 1 month ago

Termination Fee. Revance may be required to pay the $13,373,000 termination fee to Crown if the A&R Merger Agreement is terminated under certain circumstances, including by Revance to accept a Superior Proposal. The Revance Board considered the risk that the amount of the termination fee would deter potential alternative acquisition proposals.

👍️0

vinmantoo 1 month ago

Teoxane SA Announces Superior Proposal to Acquire Revance
Therapeutics for $3.60 per Share in
Cash
09:03 : Monday 6 January 2025

I still have ~ 1/3 of my shares only because they were the ones not underwater and I was generating tax loss for 2024. I just never got around to the selling the rest as we entered 2025. While I am glad of a higher offer, it would take a counter offer to lessen my annoyance a bit. From the outside it looked like Teoxane torpedoed the $6.66 price so I need Crown or some other entity to start a bidding war.

👍️0

MeteoricChimera43 1 month ago

Do we think Crown will bid higher? Does Crown already have the 60% threshold of shares to force their buyout and thus is just Texoxane trying to get a higher sale price for their 8% stake

👍️0

stocksrising 1 month ago

Teoxane SA Announces Superior Proposal to Acquire Revance
Therapeutics for $3.60 per Share in
Cash
09:03 : Monday 6 January 2025

https://ih.advfn.com/p.php?pid=nmona&article=95199461&_gl=1*k8vpjc*_gcl_au*MjEwMzA0NjM5Ni4xNzM0Mjc3ODAz

👍️ 5

MeteoricChimera43 1 month ago

Myself and 7 investors I know, are all signed up for the class action suit. We’ll see if they follow through.

👍️ 2 🤣 1

Jab44 1 month ago

Reading the 8k reminds me of the last four years of the Foley shit show. It reads like a novel where something nefarious has taken place and it leaves you asking why you didn’t figure it out sooner. Foley is doing his best to cut a deal to maximize his return and the shareholders be damm. In terms of the negotiations it was Foley who did it all and then took it back to the board to try and sell it to them . Receiving 100% of the 2024 bonus along with the golden parachute should be criminal. Who set the goals for 2024? Did Angus Russell even look at them ? Foley gives a number of reasons why he doesn’t feel the company as a standalone is not viable any longer.
Foley should be crucified for what he did to this company and all the shareholders he misled. I sincerely hope this drags out for years !!!

👍️ 8

MrMILL 1 month ago

I'm not sure I understand. Can you explain what you think is happening?

👍️0

Market Data

News

Trading Tools

Markets

Discover

Hot Features

Follow Feed

Options Flow

Monitor

Revance Therapeutics Inc (RVNC)

Real-time discussions and trading ideas: Trade with confidence with our powerful platform.

RVNC News

Crown Laboratories Completes Acquisition of Revance Therapeutics

Form 4 - Statement of changes in beneficial ownership of securities

Form 4 - Statement of changes in beneficial ownership of securities

Form 4 - Statement of changes in beneficial ownership of securities

Form 4 - Statement of changes in beneficial ownership of securities

Form 4 - Statement of changes in beneficial ownership of securities

Form 4 - Statement of changes in beneficial ownership of securities

Form 4 - Statement of changes in beneficial ownership of securities

Form 4 - Statement of changes in beneficial ownership of securities

Form 4 - Statement of changes in beneficial ownership of securities

Form 4 - Statement of changes in beneficial ownership of securities

Form 4 - Statement of changes in beneficial ownership of securities

Form 8-K - Current report

Crown Laboratories Announces Completion of Acquisition of Revance Therapeutics

The Gross Law Firm Notifies Shareholders of Revance Therapeutics, Inc.(RVNC) of a Class Action Lawsuit and an Upcoming Deadline

RVNC Discussion

Your Recent History

Company

Business

Popular

Get The App

Trending Now

Toplists

Market Data

News

Trading Tools

Markets

Discover

Hot Features

Follow Feed

Options Flow

Monitor

Revance Therapeutics Inc (RVNC) News

Revance Therapeutics Inc (RVNC)

Real-time discussions and trading ideas: Trade with confidence with our powerful platform.

RVNC News

Crown Laboratories Completes Acquisition of Revance Therapeutics

Form 4 - Statement of changes in beneficial ownership of securities

Form 4 - Statement of changes in beneficial ownership of securities

Form 4 - Statement of changes in beneficial ownership of securities

Form 4 - Statement of changes in beneficial ownership of securities

Form 4 - Statement of changes in beneficial ownership of securities

Form 4 - Statement of changes in beneficial ownership of securities

Form 4 - Statement of changes in beneficial ownership of securities

Form 4 - Statement of changes in beneficial ownership of securities

Form 4 - Statement of changes in beneficial ownership of securities

Form 4 - Statement of changes in beneficial ownership of securities

Form 4 - Statement of changes in beneficial ownership of securities

Form 8-K - Current report

Crown Laboratories Announces Completion of Acquisition of Revance Therapeutics

The Gross Law Firm Notifies Shareholders of Revance Therapeutics, Inc.(RVNC) of a Class Action Lawsuit and an Upcoming Deadline

RVNC Discussion

Your Recent History

Company

Business

Popular

Get The App

Go Ad-Free