Company: VRCA
Filing Date: 2025-12-23
Form Type: 424B3
Source: 0001193125-25-330986
Chunk: 15

Company: Verrica Pharmaceuticals Inc.
Filing Date: 2025-12-23
Form: 424B3
Chunk 15
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 our common stock and, pursuant to the
terms of the Private Placement, has the right to appoint a director as a Class I member of our board of directors for so long as it continues to hold at least half of the Pre-Funded Warrants and/or the Pre-Funded Warrant Shares it purchased in the Private Placement, subject to compliance with Nasdaq listing rules. In addition, so long as Caligan has the right to appoint a member to our board of directors, Caligan
also has the right to designate an observer to our board of directors.

11

PLAN OF DISTRIBUTION The selling stockholders, which as used herein includes donees, pledgees, transferees or other successors-in-interestselling shares of common stock or interests in shares of common stock received after the date of this prospectus from a selling stockholder as a gift, pledge, partnership distribution or other transfer, may, from time to time, sell, transfer or otherwise dispose of any or all of their shares of common stock or interests in shares of common stock on any stock exchange, market or trading facility on which the shares are traded or in private transactions. These dispositions may be at fixed prices, at prevailing market prices at the time of sale, at prices related to the prevailing market price, at varying prices determined at the time of sale, or at negotiated prices. The selling stockholders may use any one or more of the following methods when disposing of shares or interests therein:

| • |     | distributions to members, partners, stockholders or other equityholders of the selling stockholders; |

| • |     | ordinary brokerage transactions and transactions in which the broker-dealer solicits purchasers; |

| • |     | block trades in which the broker-dealer will attempt to sell the shares as agent, but may position and resell a 
 portion of the block as principal to facilitate the transaction;                                                |

| • |     | purchases by a broker-dealer as principal and resale by the broker-dealer for its account; |

| • |     | an exchange distribution in accordance with the rules of the applicable exchange; |

| • |     | privately negotiated transactions; |

| • |     | short sales and settlement of short sales; |

| • |     | through the writing or settlement of options or other hedging transactions, whether through an options exchange 
 or otherwise;                                                                                                   |

| • |     | broker-dealers may agree with the selling stockholders to sell a specified number of such shares at a stipulated 
 price per share