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Retina Biotech Raises $184M in Stock Sale as Late-Stage Drug Trials Loom

Summary by stocktitan.net
Kodiak sells 8M shares at $23, raising about $184M before fees. The deal includes 1.04M extra shares from underwriters’ fully exercised option.

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Montana StandardMontana Standard
+23 Reposted by 23 other sources
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Kodiak Sciences Announces Closing of $184 Million Public Offering of Common Stock including Full Exercise of Underwriters' Option to Purchase Additional Shares

PALO ALTO, Calif., Dec. 18, 2025 /PRNewswire/ -- Kodiak Sciences Inc. (Nasdaq: KOD), a precommercial retina focused biotechnology company committed to researching, developing and commercializing transformative therapeutics, today announced the closing of its previously announced underwritten public offering of 8,000,000…

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Helena Independent Record broke the news in Helena, United States on Friday, December 19, 2025.
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