amit@amitisinvesting

1 year ago

$SOFI SoFi announces a $1.5B mixed-shelf offering after the bell. What does this mean? Basically, they reserve the right to offer $1.5B of stock, which at $21/share would be 71M shares, on the open market. Higher the price of the stock when they dilute, less shares that https://t.co/M9Ul1OHoNn

AlphaSense@AlphaSenseInc

1 year ago

SoFi Technologies, Inc. Announces Public Offering of Common Stock "SoFi Technologies, Inc. (NASDAQ: $SOFI) (“SoFi” or the “Company”) today announced an underwritten public offering of $1.5 billion of shares of its common stock. In connection with the offering, SoFi expects to https://t.co/mXzxU7ouoM

The Transcript@TheTranscript_

1 year ago

SoFi Technologies announces an underwritten public offering of $1.5B of shares of its common stock. " SoFi intends to use the net proceeds from the offering for general corporate purposes, including working capital and other business opportunities." $SOFI: -7% AH https://t.co/sV3OWnVi9I