Reviva Pharmaceuticals prices USD 10 million public offering at USD 1.50 per share

Reuters03-19 10:34
Reviva Pharmaceuticals prices USD 10 million public offering at USD 1.50 per share
  • Reviva priced a public offering of 6,666,667 common shares (or equivalents) with Series G warrants and Series H warrants for up to 6,666,667 shares each.
  • The combined offering price is USD 1.5 per share and accompanying warrants, for gross proceeds of about USD 10 million.
  • Both warrant series have an exercise price of USD 1.5; Series G expires in five years and Series H expires in 12 months.
  • Net proceeds are intended to fund R&D, including the planned RECOVER-2 Phase 3 trial for brilaroxazine in schizophrenia, and general corporate purposes.


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: 202603182234PRIMZONEFULLFEED9675056) on March 19, 2026, and is solely responsible for the information contained therein.

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