Study of Cabozantinib in Combination With Atezolizumab Versus Second NHT in Subjects With mCRPC

Inclusion Criteria: * Men with histologically or cytologically confirmed adenocarcinoma of the prostate * Prior treatment with one, and only one, NHT (eg, abiraterone, apalutamide, darolutamide, or enzalutamide) for castration-sensitive locally advanced (T3 or T4) or mCSPC, M0 CRPC, or mCRPC * Surgical or medical castration, with serum testosterone ≤ 50 ng/dL (≤ 1.73 nmol/L) at screening * Measurable (extrapelvic soft tissue) metastatic disease per Investigator assessment defined by at least one of the following: measurable visceral disease (eg, adrenal, kidney, liver, lung, pancreas, spleen) per RECIST 1.1; OR measurable extrapelvic adenopathy (ie, adenopathy above the aortic bifurcation) * Progressive disease at study entry as defined by specific criteria for prostate specific antigen (PSA) progression OR soft tissue disease progression in the opinion of the Investigator (Note: subjects with bone disease progression alone are not eligible) * Age ≥ 18 years old or meeting country definition of adult, whichever is older, on the day of consent * ECOG performance status of 0 or 1 * Recovery to baseline or ≤ Grade 1 per Common Terminology Criteria for Adverse Events (CTCAE) v5 from toxicities related to any prior treatments, unless AE(s) are clinically nonsignificant and/or stable on supportive therapy in the opinion of the Investigator * Adequate organ and marrow function based upon specific laboratory assessments obtained within 21 days prior to randomization * Understanding and ability to comply with protocol requirements Exclusion Criteria: * Any prior nonhormonal therapy initiated for the treatment of mCRPC * Receipt of abiraterone within 1 week; cyproterone within 10 days; or flutamide, nilutamide, bicalutamide, enzalutamide, or other androgen-receptor inhibitors within 2 weeks before randomization * Radiation therapy within 4 weeks (2 weeks for bone metastases) prior to randomization (subjects with clinically relevant ongoing complications from prior radiation therapy are not eligible) * Known brain metastases or cranial epidural disease unless adequately treated and clinically stable at least 4 weeks prior to randomization * Symptomatic or impending spinal cord compression or cauda equina syndrome * Concomitant anticoagulation with oral anticoagulants (some specific exceptions apply) * Administration of a live, attenuated vaccine within 30 days prior to randomization * Systematic treatment with, or any condition requiring, either corticosteroids (\>10 mg daily prednisone equivalent) or other immunosuppressive medications within 14 days prior to randomization * Uncontrolled, significant intercurrent or recent illness * Major surgery within 4 weeks prior to randomization * Corrected QT interval calculated by the Fridericia formula (QTcF) \> 480 ms per ECG within 21 days before randomization * Inability or unwillingness to swallow pills or receive IV administration * Previously identified allergy or hypersensitivity to components of the study treatment formulations or history of severe infusion-related reactions to monoclonal antibodies * Any other active malignancy at time of randomization or diagnosis of another malignancy within 2 years prior to randomization that requires active treatment (some exceptions apply such as locally curable cancers that have apparently been cured).