SoFi plans to raise $1.5 billion through a stock offering to expand more product lines.
Jinse Finance reported that fintech company SoFi Technologies is seeking to raise $1.5 billion through a new stock issuance in order to expand more product lines beyond its lending business. According to the statement, the company is working with Goldman Sachs to advance this share offering. Sources revealed that the offering price range is between $27.50 and $28.50 per share, representing a maximum discount of approximately 7.1% compared to Thursday's closing price of $29.60.
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