Kodiak Sciences Status
The company raised $90 million in its initial public offering on the Nasdaq stock exchange under the ticker symbol of KOD on October 4, 2018. A total of 9,000,000 shares were sold at $10 per share. After the offering, there was a total of 36,573,353 outstanding shares at $10 per share, valuing the company at $365.73 million. The underwriters were granted an option to purchase up to an additional 1,350,000 shares from the company to cover over-allotments, if any.