Venture Capital

Sofi To Go Public After Merger With Venture Capital Investor’s Blank-check Company

by posted 4months ago 38 views
Online lending startup Social Finance Inc. (SoFi) said Thursday it has agreed to go public through a merger with Social Capital Hedosophia Holdings Corp V, a blank-check acquisition company led by venture capital investor Chamath Palihapitiya. The deal values SoFi at around $8.65 billion and is expected to provide up to $2.4 billion in cash proceeds to...

In this article