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What's Behind The Drop In Reviva Pharmaceuticals Stock?
Benzinga· 2026-03-19 16:49
Reviva Pharmaceuticals stock is at significant support. Why did RVPH hit a new low?Reviva To Sell More Than 6 Million SharesAccording to an SEC filing from Wednesday, Reviva will sell 6,666,667 common shares priced at $1.50 each, a move that will raise more than $10 million for the company. The company will use the money to fund research and development activities, including its planned RECOVER-2 Phase 3 trial for brilaroxazine in schizophrenia, and for working capital and other general corporate purposes.T ...