 DURHAM, N.C., June 16, 2021 GLOBE NEWSWIRE -- Novan, Inc. the Company or Novan NASDAQ: NOVN today announced a proposed underwritten public offering of its common stock the Offering. All shares to be sold in the Offering will be sold by Novan. The Company also expects to grant to the underwriter for the Offering a 30-day option to purchase up to an additional 15 percent of the number of shares of common stock offered in the public offering. The Offering is subject to market conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering. 