Chewy, Inc. $282 Million Public Offering

Davis Polk advised?the underwriter in connection with a $282 million public offering of 5,100,000 shares of Class A common stock of Chewy, Inc. In addition, the underwriter has an option to purchase up to an additional 765,000 shares of Class A common stock. The Class A common stock is listed on the NYSE under the symbol “CHWY.”

Chewy is the largest pure-play pet e-tailer in the United States, offering virtually every product a pet needs. Chewy was launched in 2011 to bring the best of the neighborhood pet store shopping experience to a larger audience, enhanced by the depth and wide selection of products and around-the-clock convenience that only e-commerce can offer. Chewy partners with more than 2,000 of the best and most trusted brands in the pet industry, and it creates and offers its own outstanding private brands. Through its website and mobile applications, Chewy offers its customers more than 60,000 products, compelling merchandising, an easy and enjoyable shopping experience and exceptional customer service. Chewy is headquartered in Dania Beach, Florida.

The Davis Polk capital markets team included partners Michael Kaplan and Marcel Fausten and associates David Li and Ben Somogyi. The intellectual property and technology transactions team included partner Pritesh P. Shah and associate Daniel P. Kearney. The tax team included partner Lucy W. Farr and associate Tomislava Dragicevic. Counsel Marcie A. Goldstein provided FINRA advice.?All members of the Davis Polk team are based in the New York office.