Davis Polk advised the sales agents on an approximately $503 million SEC-registered at-the-market offering by Roku, Inc. consisting of up to 4,000,000 shares of its Class A common stock.

Roku pioneered streaming to the TV and is capitalizing on this large economic opportunity as a leading TV streaming platform for users, content publishers and advertisers. Roku connects users to the streaming content they love, enables content publishers to build and monetize large audiences and provides advertisers with unique capabilities to engage consumers.

The Davis Polk corporate team included partner Alan F. Denenberg, associates Kimberly Wang and Xiwen (Rose) Wang. The tax team included counsel Ethan R. Goldman and associate Daniel L. Jose. Partner Pritesh P. Shah and associates Jay Frankel and Jennifer Leather provided intellectual property advice. Members of the Davis Polk team are based in the Northern California and New York offices.

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