Form 8-K · Current Report · Filed 2026-01-05
SoFi Completes Equity Offering with Underwriter Option Exercise
SoFi Technologies, Inc. completed its previously announced equity offering on January 2, 2026, by exercising an option granted to the underwriters to purchase additional shares of its common stock. The underwriters exercised a 30-day option to buy additional shares at the public offering price, less underwriting discounts and commissions. This exercise, along with the initial offering, resulted in the sale of a total of 57,754,660 shares. The shares were offered on a prospectus supplement, which amended and supplemented the prospectus dated July 29, 2025, part of the Company's Registration Statement on Form S-3 (Registration No. 333-289046).
- Filer
- SoFi Technologies Inc. SOFI · NASDAQ
- Filed
- Accession
- 0001818874-26-000003
- CIK
- 0001818874
- Signal
- Medium impactFinancial Services
- Source
- Official filing on sec.gov ↗
Items reported
Reported Item
Market reaction
Close before filing
$27.46
Next session
-1.7%
Since filing
-40.6%
Latest close
$16.31
What happened, not what will happen — closing prices around the filing date.
About SoFi Technologies Inc.
SoFi Technologies Inc. operates as a financial technology company primarily focused on offering a suite of financial products and services designed to meet the needs of both individual and institutional clients. It provides a digital platform that includes lending services, such as student loan refinancing, personal loans, and home loans. Additionally, SoFi offers investing and savings tools, digital banking services, including checking and savings accounts, as well as insurance products. The company's platform is renowned for its commitment to leveraging technology to streamline financial processes and enhance user experience. Targeting primarily a younger demographic, SoFi caters to customers seeking modern, mobile-first financial solutions. Aimed at disruptiveness within the traditional financial industry, SoFi operates in sectors like personal finance, student financing, and digital payments, contributing to increased accessibility and efficiency in financial transactions. Established in 2011 and headquartered in San Francisco, California, SoFi Technologies continues to influence the fintech landscape by integrating technological innovation with financial services.
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