Davis Polk advised the underwriters in connection with a $38.4 million initial public offering of common stock of RAPT Therapeutics, Inc. RAPT Therapeutics’ common stock is listed on the Nasdaq Global Market under the symbol “RAPT.”

RAPT Therapeutics is a clinical-stage immunology-based biopharmaceutical company focused on discovering, developing and commercializing oral small molecule therapies for patients with significant unmet needs in oncology and inflammatory diseases.

The Davis Polk corporate team included partner Bruce K. Dallas and associates Scott A. Blumenkranz and Jonathan Bye. Partner Rachel D. Kleinberg provided tax advice. Partner David R. Bauer and associates Mikaela Dealissia and Jennifer Leather provided intellectual property and technology advice. Counsel Gregory D. Hughes provided executive compensation advice. Associate Sijia Cai provided 1940 Act advice. Counsel Marcie A. Goldstein provided FINRA advice. Members of the Davis Polk team are based in the Northern California and New York offices.