Company: RVRC
Filing Date: 2025-02-14
Form Type: S-1
Source: 0001213900-25-013823
Chunk: 134

Company: Revium Rx.
Filing Date: 2025-02-14
Form: S-1
Chunk 134
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ated statements of comprehensive loss           |     | F-31        |
| Consolidated statements of changes in equity            |     | F-32        |
| Consolidated statements of cash flows                   |     | F-33        |
| Notes to consolidated financial statements              |     | F-34 - F-48 |

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F-28

Report of Independent Registered Public Accounting Firm</div>

Shareholders and Board of Directors of Revium Rx.

Opinion on the Consolidated Financial Statements

We have audited the accompanying consolidated
statement of financial position of Revium Rx. and subsidiaries (the “Company”) as of December 31, 2023, and 2022, the related
consolidated statements of comprehensive loss, change in shareholders’ equity, and cash flows for each of the two years in the period
ended December 31, 2023, and the related notes (collectively referred to as the “consolidated financial statements”).In our
opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company at December
31, 2023 and 2022, and the results of its operations and its cash flows for each of the two years in the period ended December 31, 2023,
in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”).

Basis for Opinion

These consolidated financial statements are the
responsibility of the Company’s management. Our responsibility is to express an opinion on the Company’s consolidated financial
statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United
States) (“PCAOB”) and are required to be independent with respect to the Company in accordance with the U.S. federal securities
laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB We conducted our audits in accordance
with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether
the consolidated financial statements are free of material misstatement, whether due to error or fraud. The Company is not required to
have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits, we are required
to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness
of the Company’s