According to CNBC, based on previously announced plan terms, SVB Financial Group plans to sell $1.25 billion in common stock and another $500 million in convertible preferred stock. The group also announced an agreement with investment firm General Atlantic to sell $500 million in common stock, although this agreement will depend on the completion of another common stock issuance. However, the outflow of savings from the group's subsidiary, Silicon Valley Bank, is occurring faster than its asset sales fundraising process. Rising interest rates, concerns about economic recession, and a slowdown in the IPO process have made it more difficult for startups to raise additional cash, leading these companies to withdraw large amounts of their deposits from banks like Silicon Valley Bank. However, Wall Street analysts say that the issues faced by SVB Financial Group are unlikely to spread widely throughout the banking system.