$SOFI $OKLO

SoFi launches $1.5B public offering of common stock

SoFi Technologies (SOFI) announced an underwritten public offering of $1.5B in common stock.

The company plans to grant Goldman Sachs, the underwriter, a 30-day option to purchase up to 15% additional shares.

All shares in the offering will be sold by SoFi, with proceeds intended for general corporate purposes including strengthening capital, improving capital management flexibility, and funding growth opportunities.

The offering will be conducted under SoFi’s automatic shelf registration statement, effective since July 29, 2025.

SOFI shares down 4.7% post-market on Thursday.

Oklo slides after disclosing equity distribution agreement up to $1.5B

Oklo (OKLO) -7.8% post-market Thursday after disclosing it entered into an equity distribution agreement under which the company may offer and sell Class A common shares with aggregate gross sales proceeds of up to $1.5 billion through an at-the-market equity offering program.

Oklo (OKLO) shares had surged more than 15% in regular trading, at least partly in response to remarks from a Trump administration official that the U.S. government plans to take more equity stakes in critical minerals companies.

The U.S. Department of Energy said earlier this week it will provide as much as $800 million to speed up development of small modular reactors by the Tennessee Valley Authority and Holtec.