ITEM 2.02 | RESULTS OF OPERATIONS AND FINANCIAL CONDITION. |
On January 15, 2019, Revance Therapeutics, Inc. (the “Company”) filed a preliminary prospectus supplement to its Registration Statement on FormS-3 (File No.333-221911) with the U.S. Securities and Exchange Commission (the “SEC”), in which it disclosed that the Company had approximately $194.8 million of cash, cash equivalents and short-term investments as of January 11, 2019. This amount is preliminary, and includes a cash payment (net of withholding tax) of $27.0 million received from Shanghai Fosun Pharmaceutical Industrial Development Co., Ltd. pursuant to its previously announced license agreement, and has not been audited.
Forward-Looking Statements
This Item 2.02 of this report contains forward-looking statements, including, without limitation, statements relating to our cash position as of January 11, 2019. These forward-looking statements are based upon our current expectations. Actual results could differ materially from these forward-looking statements as a result of certain factors, including, without limitation, risks related to changes in estimated cash position based on the completion of our financial statement closing procedures and the review by our independent registered public accounting firm of such financial statements, and other risks detailed in our filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this report. We do not undertake any obligation to update any forward-looking statements as a result of new information, future events, changed assumptions or otherwise.
The information in Item 2.02 of this report shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section 11 and 12(a)(2) of the Securities Act of 1933, as amended. The information contained herein shall not be incorporated by reference into any filing with the SEC made by us, whether made before or after the date hereof, regardless of any general incorporation language in such filing.