PANews
PANews|12月 05, 2025 01:11
[SoFi Plans to Raise $1.5 Billion Through Discounted Stock Offering to Expand New Business Areas] According to Bloomberg, SoFi Technologies announced plans to raise $1.5 billion through a public stock offering, with an offering price range of $27.50 to $28.50 per share, representing a maximum discount of 7.1% compared to the previous trading day's closing price of $29.60. The company intends to use the funds to strengthen its capital structure and explore new business opportunities. Following the announcement, the stock price fell 5.8% in after-hours trading to $27.89. In recent years, SoFi has been actively expanding into non-lending businesses such as cryptocurrency, with third-quarter revenue reaching a record $950 million.
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