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SoFi Technologies notifies warrant holders of $22.38 redemption fair market value

Seeking Alpha2021-11-20

Related to its previously announced redemption of outstanding warrants, SoFi Technologies reports the redemption fair market value of $22.38.

That value is used to determine the number of shares of common stock that will be issued on a "cashless" exercise of a warrant.

As a result, holders who exercise their warrants on a "cashless basis" will be entitled to receive 0.361 share of SoFi (SOFI) common stock per warrant.

Any warrants that remain unexercised after 5:00 PM New York City time on Dec. 6, 2021 will be void and no longer exercisable, and the holder of those warrants will be entitled to receive only the redemption price of $0.10 per warrant.

The warrants were issued as part of units sold in the company's initial public offering. SoFi (SOFI) became a publicly traded company when it combined with Chamath Palihapitiya's Social Capital Hedosophia Holdings V SPAC on June 1.

免责声明:本文观点仅代表作者个人观点,不构成本平台的投资建议,本平台不对文章信息准确性、完整性和及时性做出任何保证,亦不对因使用或信赖文章信息引发的任何损失承担责任。

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  • iamateh
    ·2021-11-22
    wow
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    • Miaka
      😔
      2021-11-28
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  • Greg2021
    ·2021-11-21
    SOFI is poised for great stuff!
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    • iamateh
      wow
      2021-11-22
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  • PS153
    ·2021-11-21
    wow...hang on there
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  • Hungryboy
    ·2021-11-21
    Wow
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  • Jazim
    ·2021-11-21
    Okay
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  • etan000
    ·2021-11-21
    Ok
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  • Bodoh
    ·2021-11-21
    Ok
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    • JohnL
      Yes
      2021-11-21
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  • eo1668
    ·2021-11-21
    pls 👍 and comment 
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    • Bodoh
      Ok
      2021-11-21
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  • MuppyKoh
    ·2021-11-21
    Please like
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    • Blokespot
      [Smile]
      2021-11-21
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    • PS153
      k
      2021-11-21
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    • eo1668
      done
      2021-11-21
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  • ivy888
    ·2021-11-21
    Like 
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  • DavidSG
    ·2021-11-21
    Yes
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    • ivy888
      ok
      2021-11-21
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  • newwen
    ·2021-11-21
    Up
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    • newwen
      🤤😀🥰
      2021-11-21
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    • newwen
      😊😊🤤
      2021-11-21
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    • newwen
      😊😀🥰
      2021-11-21
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    查看更多 2 条评论
  • Victorhc88
    ·2021-11-21
    Like pls
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    • JamesPang
      please like and comment back
      2021-11-21
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    • GohKS
      Please like and comment. Thank you.
      2021-11-21
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  • Sydney1
    ·2021-11-21
    Good to know. Like please... 
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  • Andtendo
    ·2021-11-21
    Like please :)
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    • Caribou
      [OK]
      2021-11-21
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  • Will101
    ·2021-11-21
    Like
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    • Will101
      Ok
      2021-11-21
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  • 天天有錢賺
    ·2021-11-21
    OK noted
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  • EHG
    ·2021-11-21
    Like 
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  • StreetMoon
    ·2021-11-21
    Really ?
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  • vxf
    ·2021-11-21
    Hi all,feel free to check out my profile about my crypto journey. it's for sharing only, simple PDF, no scams. Thanks & have a nice day.
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