SoFi Technologies (SOFI) announced an underwritten public offering of $1.5B of shares of its common stock. All of the shares of common stock in the offering will be sold by SoFi. SoFi intends to use the net proceeds from the offering for general corporate purposes, including but not limited to enhancing capital position, increasing optionality and enabling further efficiency of capital management, and funding incremental growth and business opportunities. Goldman Sachs & Co. will act as the underwriter in the offering.
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