SoFi Technologies Raises $1.5B Through Public Offering of 54.55M Shares

SoFi Technologies priced a public offering of approximately 54.55 million shares at $27.50/shr, raising about $1.5 billion. The company plans to use the net proceeds for general corporate purposes, including enhancing its capital position, increasing optionality, and funding growth and business opportunities. The offering is expected to close on December 8, 2025.