trending Market Intelligence /marketintelligence/en/news-insights/trending/X_cICLwNO9rsyOohCzrMEw2 content esgSubNav
In This List

Kodiak Sciences closes $317.4M common stock offering

Blog

Insight Weekly: PE firms shift strategies; bank earnings kick off; bankruptcies plummet

Blog

Insight Weekly: Stocks limp into 2023; GCC banks set for rebound; deep-sea mining faces pushback

Infographic

Infographic: The Big Picture 2023 Sustainability Outlook

Blog

The Big Picture for 2023: Assessing Investment Trends and the Impact of Investor Activism


Kodiak Sciences closes $317.4M common stock offering

Kodiak Sciences Inc. closed a public offering of common shares, raising about $317.4 million in gross proceeds.

The Palo Alto, Calif.-based company sold 6.9 million shares at $46 apiece. This includes 900,000 additional shares sold part of underwriters' full exercise of their overallotment option.

J.P. Morgan Goldman Sachs & Co. LLC and Jefferies acted as joint book-running managers while SunTrust Robinson Humphrey was the lead manager for the offering. Chardan acted as co-manager.

Kodiak Sciences provides novel therapeutics for the treatment of eye diseases.