Item 8.01 Other Events.

On November 17, 2020, Kodiak Sciences Inc. (the "Company") entered into an underwriting agreement (the "Underwriting Agreement") with J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, Jefferies LLC and Evercore Group L.L.C., as representatives of the several underwriters named therein (collectively, the "Underwriters"), relating to the public offering, issuance and sale of 5,193,237 shares of its common stock, par value $0.0001 ("Common Stock"). The price to the public in the offering is $108.00 per share of Common Stock, and the Underwriters have agreed to purchase the shares from the Company pursuant to the Underwriting Agreement at a price of $102.60 per share. The gross proceeds to the Company from the offering are expected to be approximately $560.9 million, before deducting underwriting discounts and commissions and other estimated offering expenses payable by the Company, or $645.0 million if the Underwriters exercise in full their option to purchase additional shares. In addition, under the terms of the Underwriting Agreement, the Company also granted the Underwriters an option exercisable for 30 days to purchase up to an additional 778,985 shares of Common Stock at the public offering price, less underwriting discounts and commissions. The offering is expected to close on or about November 20, 2020, subject to customary closing conditions.

The Underwriting Agreement contains customary representations, warranties and agreements by the Company, customary conditions to closing, indemnification obligations of the Company and the Underwriters, including for liabilities under the Securities Act of 1933, as amended, other obligations of the parties and termination provisions. The representations, warranties and covenants contained in the Underwriting Agreement were made only for purposes of such agreement and as of specific dates, were solely for the benefit of the parties to such agreement and may be subject to limitations agreed upon by the contracting parties, including being qualified by confidential disclosures exchanged between the parties in connection with the execution of the Underwriting Agreement.

The offering is being made pursuant to an effective shelf registration statement on Form S-3 (File No. 333-250109) and an accompanying prospectus previously filed with the SEC and a preliminary and final prospectus supplement thereunder. The Underwriting Agreement is filed as Exhibit 1.1 hereto, and the description of the material terms of the Underwriting Agreement is qualified in its entirety by reference to such exhibit. A copy of the opinion of Cooley LLP relating to the legality of the issuance and sale of the shares in the offering is attached as Exhibit 5.1 hereto.

Item 9.01 Financial Statements and Exhibits.




(d) Exhibits.



Exhibit
  No.                                    Description

 1.1          Underwriting Agreement, dated as of November 17, 2020, by and among
            Kodiak Sciences Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co.
            LLC, Jefferies LLC and Evercore Group L.L.C.

 5.1          Opinion of Cooley LLP.

23.1          Consent of Cooley LLP (contained in Exhibit 5.1).

104         Cover Page Interactive Data File (embedded within the Inline XBRL
            document).

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