SoFi Technologies, Inc. Announces Pricing of Public Offering of Common Stock

SoFi Technologies, Inc. today announced that it has priced its previously announced underwritten public offering of 54,545,454 shares of its common stock at a price of $27.50 per share, for total gross proceeds of approximately $1.5 billion, before deducting underwriting discounts and commissions and offering expenses payable by the Company.

In addition, SoFi has granted the underwriters a 30-day option to purchase up to an additional 8,181,818 shares of its common stock at the public offering price, less underwriting discounts and commissions.

The offering is expected to close on December 8, 2025, subject to customary closing conditions. All of the shares of common stock in the offering will be sold by SoFi. SoFi intends to use the net proceeds from the offering for general corporate purposes, including but not limited to enhancing capital position, increasing optionality and enabling further efficiency of capital management, and funding incremental growth and business opportunities.

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Goldman Sachs & Co. LLC, BofA Securities, Citigroup, Deutsche Bank Securities and Mizuho will act as the underwriters in the offering. An automatic shelf registration statement on Form S-3 (Registration No. 333-289046) (including a base prospectus) (the “registration statement”) became effective upon filing with the Securities and Exchange Commission (the “SEC”) on July 29, 2025. Before investing, prospective investors should read the base prospectus in that registration statement, the accompanying prospectus supplement (the “prospectus supplement”) and the documents incorporated by reference therein for more complete information about the Company and this offering. The offering is being made only by means of a prospectus supplement and an accompanying base prospectus. The prospectus supplement and the accompanying base prospectus relating to this offering will be filed with the SEC and will be available for free by visiting EDGAR on the SEC website at http://www.sec.gov.

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This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

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