$SoFi Technologies (SOFI.US)$ found this on threads, we overcorrected quite a bit so lets enjoy the dip and the ride up :)
Market value of existing shares = 1.29B × $29.60 = $38.184B
• Added cash = 62.73M × $27.50 = $1.725B
• New market cap = $39.909B
• New share count = 1.35273B
TERP = $39.909B ÷ 1.35273B = $29.52
📉 Drop: $29.60 → $29.52 (-0.27%)
Conclusion:
Even with full greenshoe, dilution is still extremely small.

$SoFi Technologies (SOFI.US)$ hi people this is what ai had to say about it correct if wrong :)
Short-Term Impact (The Drop)
The drop is entirely due to Share Dilution. This is a technical and psychological sell-off, not a fundamental one.
Dilution: The company is issuing new shares, which increases the total shares outstanding. This means each existing share you own now represents a slightly smaller slice of the company and of future earnings per share. The market reflexively punishes t...