Company: VRCA
Filing Date: 2025-04-30
Form Type: DEFR14A
Source: 0001193125-25-105562
Chunk: 35

Company: Verrica Pharmaceuticals Inc.
Filing Date: 2025-04-30
Form: DEFR14A
Chunk 35
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 below; |

| • |     | the total number of authorized shares of our common stock will not be reduced proportionally to the Reverse Stock Split and, therefore, the Reverse Stock Split will result in an effective increase in the authorized number of shares of our common stock relative to the number of shares outstanding; |

| • |     | based upon the Reverse Stock Split ratio selected by the Board, proportionate adjustments will be made to the per share exercise price and/or the number of shares issuable upon the exercise or vesting of all then outstanding stock options, restricted stock units (if any) and warrants, which will result in a proportional decrease in the number of shares of our common stock reserved for issuance upon exercise or vesting of such stock options, restricted stock units and warrants, and, in the case of stock options and warrants, a proportional increase in the exercise price of all such stock options and warrants; and |

| • |     | the number of shares then reserved for issuance under our equity compensation plans will be reduced proportionately based upon the Reverse Stock Split ratio selected by the Board. |

The following table illustrates the effects of a 1-for-10, 1-for-20and 1-for-30Reverse Stock Split on our outstanding common stock as of April 1, 2025, without giving effect to any adjustments for fractional shares:

| Status                        |     | Number of    
 Shares of    
 Common Stock 
 Authorized   |             |     | Number of    
 Shares of    
 Common Stock 
 Issued and   
 Outstanding  |            |     | Number of       
 Shares of       
 Common Stock    
 Reserved for    
 Future Issuance |            |     | Number of        
 Shares of        
 Common Stock     
 Authorized       
 but Unissued and 
 Unreserved       |             |
| Pre-Reverse Stock Split       |     |              | 200,000,000 |     |              | 91,789,993 |     |                 | 74,112,314 |     |                  |  34,097,693 |
| Post-Reverse Stock Split 1:10 |     |              | 200,000,000 |     |              |  9,178,999 |     |                 |  7,411,231 |     |                  | 183,409,769 |
| Post-Reverse Stock Split 1:20 |     |              | 200,000,000 |     |              |  4,589,500 |     |                 |  3,705