Kodiak Sciences Inc. (KOD) Announces $400M Proposed Offering of Common Stock
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Kodiak Sciences Announces Proposed Offering of Common Stock
November 16, 2020 4:01 PM ESTPALO ALTO, Calif., Nov. 16, 2020 /PRNewswire/ -- Kodiak Sciences Inc. (Nasdaq: KOD), a biopharmaceutical company committed to researching, developing and commercializing transformative therapeutics to treat high prevalence retinal diseases, today announced that it has commenced an underwritten public offering of $400,000,000 of shares of its common stock. In connection with the proposed offering, Kodiak Sciences expects to grant the underwriters a 30-day option to purchase up to an additional $60,000,000 of shares of its common stock at the public offering price, less underwriting discounts and commissions. All of the shares in the proposed... More
