SoFi Technologies(US:SOFI) Zhi Tong Cai Jing·2025-12-05 03:05Core Viewpoint - SoFi Technologies is seeking to raise $1.5 billion through a stock offering to diversify its business beyond lending [1] Group 1: Stock Offering Details - The company is collaborating with Goldman Sachs for the stock offering, with shares priced between $27.50 and $28.50, representing a discount of up to 7.1% from the previous closing price of $29.60 [1] - The proceeds from the stock sale will be used to enhance the company's capital position and explore new business opportunities [1] Group 2: Stock Performance - Following the announcement, SoFi's stock price fell by 5.8% in after-hours trading to $27.89 [1] - Year-to-date, the stock has increased by 92% as of the last closing [1] Group 3: Financial Performance - In its Q3 report on October 28, SoFi reported a record adjusted net revenue of $949.6 million, exceeding analyst expectations of $898.2 million [1] - CEO Anthony Noto indicated that the expansion in customer services beyond lending contributed to the record performance [1] Group 4: New Product Offering - In November, SoFi announced that users can join a waitlist for SoFi Crypto to gain priority access for trading various cryptocurrencies [1]