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SOFI News

Fintech SPAC Figure Acquisition I prices $250 million IPO; led by former SoFi CEO

SoFi Technologies (Social Capital Hedosophia Holdings V) logo

Figure Acquisition I, a blank check company formed by Figure Technologies targeting fintech and financial services, raised $250 million by offering 25 million units at $10. Each unit will consist of one share of common stock and one-fourth of a warrant,...read more

US IPO Weekly Recap: Healthcare dominates a 7 IPO week

KRON

Seven IPOs and 10 SPACs went public this past week. The IPO pipeline remained active, with 11 IPOs and 22 SPACs submitting initial filings. Phase 2 biotech Kronos Bio (KRON) priced above the range to raise $250 million at a $1.1 billion...read more

Palihapitiya and Osborne's fifth SPAC Social Capital Hedosophia Holdings V prices upsized $700 million IPO at $10

SoFi Technologies (Social Capital Hedosophia Holdings V) logo

Social Capital Hedosophia Holdings V, the fifth blank check company formed by Social Capital and Hedosophia targeting a tech business, raised $700 million by offering 70 million units at $10. The company offered 5 million more units than anticipated. Each unit...read more

Palihapitiya and Osborne's fifth SPAC Social Capital Hedosophia Holdings V files for a $650 million IPO

SoFi Technologies (Social Capital Hedosophia Holdings V) logo

Social Capital Hedosophia Holdings V, the fifth blank check company formed by Social Capital and Hedosophia targeting a tech business, filed on Friday with the SEC to raise up to $650 million in an initial public offering. The Palo Alto, CA-based company...read more

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