We advised the sales agent on the offering

Davis Polk advised the sales agent in connection with the SEC-registered at-the-market offering by Kodiak Sciences Inc. of its common stock for up to an aggregate amount of $350 million. The common stock is listed on the Nasdaq Global Market under the symbol “KOD.”

Kodiak is a biopharmaceutical company committed to researching, developing and commercializing transformative therapeutics to treat high prevalence retinal diseases.

The Davis Polk corporate team included partner Emily Roberts and associates Jared Madnick, Alexander Curtis and Joon Ko. Counsel Dustin Plotnick and associates Hunter P. Shaw and Peyton Williams provided tax advice. Partner David R. Bauer and associates Bari Britvan and Woudese Befikadu provided intellectual property advice. Members of the Davis Polk team are based in the Northern California and New York offices.