The shares are listed on the Nasdaq Global Select Market

Davis Polk advised the representatives of the several underwriters in connection with the initial public offering of 9,085,000 shares of common stock of Omada Health, Inc., at $19.00 per share, for total gross proceeds of approximately $172.6 million. The shares sold included 1,185,000 shares sold pursuant to the underwriters’ over-allotment option. The common stock is listed on the Nasdaq Global Select Market under the symbol “OMDA.”

Omada Health is a virtual-first healthcare provider that nurtures lifelong health, one day at a time. Omada care teams implement clinically validated behavior change protocols for individuals living with diabetes, hypertension, prediabetes and musculoskeletal issues.

The Davis Polk corporate team included partner Alan F. Denenberg and associates Paula Gergen, Dana Lueck-Mammen and Alexander Curtis. Partner David R. Bauer and associate Jordan Khorshad provided intellectual property advice. Counsel Liang Zhang and associates Alanna Phillips and Alex (Ang) Gao provided tax advice. Counsel Marcie A. Goldstein provided FINRA advice. Members of the Davis Polk team are based in the Northern California and New York offices.

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