SoFi in its $1.5 billion public offering of common stock

On December 4, 2025, SoFi Technologies, Inc. (NASDAQ: SOFI) priced a registered public offering of its common stock, raising $1.5 billion in gross proceeds.  SoFi also granted the underwriters—Goldman Sachs & Co. LLC, BofA Securities, Citigroup, Deutsche Bank Securities and Mizuho—an option to purchase an additional $225 million of common stock.  SoFi is a leading digital financial services company, with over 12.6 million members, whose mission is to help people achieve financial independence.  SoFi intends to use the net proceeds from the offering for general corporate purposes, including enhancing its capital position, increasing optionality and enabling further efficiency of capital management, and funding incremental growth and business opportunities.

Wachtell, Lipton, Rosen & Katz is serving as legal advisor to SoFi.