secwatch.observer — SEC 8-K summary
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Issuer:     SoFi Technologies, Inc. (SOFI)
CIK:        0001818874
Form:       8-K
Filed at:   2025-07-31T23:59:59+00:00
Accession:  0001818874-25-000171
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SoFi closes $1.72B common stock offering; 82.7M shares at $20.85
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- Issued 82,733,817 shares of common stock at $20.85 per share including full exercise of underwriters' option.
- All shares sold by company; net proceeds for general corporate purposes, working capital, and business opportunities.
- Underwriters: Goldman Sachs & Co., Citigroup Global Markets Inc., and Mizuho Securities USA LLC.
- Offering priced July 29, 2025 and closed July 31, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1818874/000181887425000171/0001818874-25-000171-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1818874/000181887425000171/sofi-20250729.htm
  HTML page:      https://secwatch.observer/filing/0001818874-25-000171

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer