Revance Completes Previously Announced Acquisition of HintMD and its Proprietary Fintech Platform for Aesthetic Practices
- Integrated fintech platform designed to transform existing payment processing ecosystems and improve both aesthetic practice economics and patient experiences -
- Provides access to a $500+ million market opportunity in
“The acquisition of HintMD augments Revance’s strong aesthetics product offering, enabling us to transform both the practice and patient experience with an innovative fintech platform,” said
The acquisition of HintMD provides Revance with access to an estimated
In connection with the acquisition of HintMD, Revance granted special inducement equity awards under the Revance 2014 Inducement Plan to retain certain former HintMD employees (75 in total) as employees of Revance. Revance granted restricted stock awards (RSAs) for an aggregate of 784,496 shares, which includes 57,251 shares to
About
Forward-Looking Statements
This press release contains forward-looking statements which include, but are not limited to, statements regarding the related benefits of the HintMD platform and related technologies to Revance and the combined business, and potential market opportunity. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Revance’s expectations and beliefs regarding these matters may not materialize. Actual outcomes and results may differ materially from those contemplated by these forward-looking statements as a result of uncertainties, risks and changes in circumstances, including but not limited to risks and uncertainties related to the ability of Revance to timely and successfully achieve the anticipated benefits of the transaction. Additional risks and uncertainties that could cause actual outcomes and results to differ materially from those contemplated by the forward-looking statements are included under the caption “Risk Factors” and elsewhere in Revance’s most recent filings with the
The forward-looking statements included in this communication are made only as of the date hereof. Revance assumes no obligation and does not intend to update these forward-looking statements, except as required by law.
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