{"schema_version":"secwatch.filing_event.v1","accession":"0001818874-24-000039","form_type":"8-K","ticker":"SOFI","cik":"0001818874","company_name":"SoFi Technologies, Inc.","filed_at":"2024-03-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.672029+00:00","generated_at":"2026-06-05T02:51:37.252432+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"SoFi prices $750M convertible notes due 2029 at 1.25%; exchange of $600M 2026 notes for stock","bullets":["SoFi priced $750M of 1.25% convertible senior notes due 2029; initial purchasers can buy up to an additional $112.5M.","Initial conversion price ~$9.45/share (30% premium over $7.27 closing price on March 5, 2024).","Net proceeds ~$735M ($845.3M if greenshoe fully exercised); ~$78.8M to fund capped call transactions.","Remaining proceeds to redeem 12.5% Series 1 Preferred Stock and for general corporate purposes, including repaying higher-cost debt.","SoFi exchanged $600M of 0% 2026 notes for ~61.7M shares; terminated a portion of existing capped calls."],"urls":{"canonical":"https://secwatch.observer/filing/0001818874-24-000039","json":"https://secwatch.observer/filing/0001818874-24-000039.json","markdown":"https://secwatch.observer/filing/0001818874-24-000039.md","text":"https://secwatch.observer/filing/0001818874-24-000039.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1818874/000181887424000039/0001818874-24-000039-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1818874/000181887424000039/sofi-20240305.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T02:51:37.252432+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}