Form 8-K SoFi Technologies, Inc. For: Mar 25

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Go back to Form 8-K SoFi Technologies, Inc. For: Mar 25

SoFi Technologies (SOFI) Provides Update on Notes Transactions

March 26, 2024 5:17 PM EDT

As previously disclosed, on March 4, 2024, SoFi Technologies (NASDAQ: SOFI) entered into separate, privately negotiated exchange agreements (the Exchange Agreements), with a limited number of holders of its 0% Convertible Senior Notes due 2026 (the 2026 notes), to exchange $600 million in aggregate principal amount of 2026 notes for shares of the Companys common stock based on the daily volume-weighted average price per share of common stock over a specified period. On March 25, 2024 and... More