Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | SOFI | Common Stock | 0 | May 28, 2021 | By SoftBank Group Capital Ltd | F1, F2 | |||||
holding | SOFI | Common Stock | 0 | May 28, 2021 | By SB Sonic Holdco (UK) Ltd | F1, F2 |
Id | Content |
---|---|
F1 | Pursuant to the Agreement and Plan of Merger, dated as of January 7, 2021, as amended, by and among Social Capital Hedosophia Holdings Corp. V, a Cayman Islands corporation, Plutus Merger Sub Inc. and Social Finance Inc., a Delaware corporation ("Social Finance"), the Reporting Persons became reporting persons of "SoFi Technologies, Inc.", the as renamed surviving corporation (the "Issuer") of the business combination, which closed on May 28, 2021 (the "Business Combination"). Certain of the Reporting Persons received shares of common stock of the Issuer in exchange for their holdings in Social Finance as of the closing of the Business Corporation, which acquisitions will be reported separately on a Form 4 on the date hereof. |
F2 | Michel Combes and Carlos Carniero de Medeiros, each a member of the board of directors of the Issuer, were elected as representatives of SoftBank Group Corp. ("SoftBank"), SoftBank Group Capital Ltd ("SBGC") and SB Sonic HoldCo (UK) Limited ("SB Sonic"). As a result, each of these entities is a director by deputization for Section 16 purposes. SBGC and SB Sonic are wholly-owned subsidiaries of SoftBank. |