Reviva Pharmaceuticals announces proposed public offering of common stock and warrants

Reuters03-19 04:11

Reviva Pharmaceuticals announces proposed public offering of common stock and warrants

Reviva said it plans a public offering of common stock or common stock equivalents and warrants to buy common stock. The securities will be sold by the company, with A.G.P./Alliance Global Partners acting as sole placement agent. Reviva expects to use the net proceeds, together with existing cash and cash equivalents, to fund R&D including the planned RECOVER-2 Phase 3 trial of brilaroxazine in schizophrenia and for general corporate purposes. The offering will be made under its effective Form S-3 shelf registration statement (File No. 333-276848).

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Reviva Pharmaceuticals Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603181610PRIMZONEFULLFEED9674806) on March 18, 2026, and is solely responsible for the information contained therein.

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