The at-the-market SEC-registered offering included shares of Class A common stock

Davis Polk advised the sales agents in connection with an SEC-registered at-the-market offering by Roku, Inc. of shares of its Class A common stock for up to a maximum offering price of $1 billion.

Roku pioneered streaming to the TV and is capitalizing on this large economic opportunity as a leading TV streaming platform for users, content publishers and advertisers. Roku connects users to the streaming content they love, enables content publishers to build and monetize large audiences and provides advertisers with unique capabilities to engage consumers.

The Davis Polk corporate team included partner Alan F. Denenberg and associates Blake Anderson and Ganiatu Afolabi. Partner Pritesh P. Shah and associate Brette L. Trost provided intellectual property advice. Members of the Davis Polk team are based in the Northern California and New York offices.