Why do I need to confirm my indication of interest?

As referenced in the FAQ “What is an indication of interest?”, an IOI is not a binding order because the prospectus has not yet been finalized. Binding orders may only be placed once the registration process concludes and the prospectus is finalized. Therefore, if you placed a non-binding indication of interest you will need to confirm your intent to proceed with the purchase now that you have access to the final terms of the deal, as outlined in the final prospectus, which can be found under ‘IPO investing’ in the Invest tab of the SoFi app. Members who don’t confirm their indications of interest are not eligible to receive an allocation of shares.

Please note, even though you confirm your order, you are not guaranteed an allocation of shares/units. Please see the FAQ “What happens if a deal is oversubscribed?” for more information.