SoFi (SOFI.US) added $1.5 billion at a discount and experienced a sharp drop after the market!

The Zhitong Finance App learned that the fintech company SoFi Technologies (SOFI.US) is seeking to raise 1.5 billion US dollars through a stock sale to promote diversified development from the loan business to other product fields.

According to a statement on Thursday, the company is partnering with Goldman Sachs Group to conduct this stock sale. According to people familiar with the matter, the shares offered by SoFi range from $27.50 to $28.50 per share. This price range is up to 7.1% off Thursday's closing price of $29.60.

According to the statement, SoFi plans to use the proceeds for purposes including strengthening its capital position and new business opportunities.

SoFi shares fell 5.8% to $27.89 per share in after-hours trading. By the close of trading on Thursday, its stock price had accumulated a 92% increase this year.

SoFi reported on Oct. 28 that its third-quarter adjusted net revenue reached US$949.6 million, a record that surpassed analysts' expectations of US$898.2 million. CEO Anthony Noto said at the time that the company's expansion in customer service beyond loans was reflected in profits and helped drive record results in the third quarter.

The company announced in November that users can join SoFi Crypto's waitlist to get priority access to be able to buy and sell dozens of cryptocurrencies.