SoFi : Dilution Drama or Strategic Firepower?
@koolgal:
🌟🌟🌟SoFi $SoFi Technologies Inc.(SOFI)$ has just made waves with an eye popping USD 1.5 billion equity raise, selling g 71.9 million shares at USD 20.85 plus another 10.8 million optional shares. The result? A 6% to 7% dilution, an 8% pre market drop and a fair amount of angst among existing shareholders. But behind the selloff lies a strategy that is bold, calculated and potentially transformative. What Investors Should Know About the Dilution Dilution Impact : More shares mean that each existing share represents a smaller slice of the company. EPS may take a hit and short term price pressure is likely - as seen in the 8% premarket drop following the announcement. Why Is It Ha
