SoFi goes public June 1 via merger with Chamath Palihapitiya’s Social Capital SPAC. Will trade on Nasdaq with SOFI ticker.

SoFi raised approximately $2.4 billion in cash proceeds from the transaction to fuel growth, market expansion and development of new product offerings, as well as accelerate the Company's plans to expand geographically and build the first digital one-stop-shop for members to borrow, save, spend, invest and protect their money.

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– SoFi goes public June 1 via merger with Chamath Palihapitiya’s Social Capital SPAC. Will trade on Nasdaq with SOFI ticker.