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Form 8-K · Current Report · Filed 2025-11-21

Opendoor Technologies Announces Warrant Dividend Distribution

On November 21, 2025, Opendoor Technologies Inc.

Filer
Opendoor Technologies Inc. OPEN · NASDAQ
Filed
Accession
0001140361-25-042984
CIK
0001801169
Signal
Medium impactReal Estate

Details

announced the distribution of warrants to purchase its common stock to its registered stockholders and certain convertible noteholders. This distribution is part of a special dividend in the form of warrants. Each holder of record of Opendoor's common stock as of November 18, 2025, received three series of warrants, one of each series for every thirty shares of common stock held. The warrants are exercisable for cash and will expire on November 20, 2026, unless certain conditions are met. The distribution was made in accordance with the terms of the warrant agreement, which was filed as an exhibit to the Form 8-A warrant registration statement with the SEC.

Items reported

Item 1.01

Entry into a Material Definitive Agreement

Securities Purchase Agreement Financial Instrument Agreement
Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$6.16

Next session

+24.8%

Since filing

-38.8%

Latest close

$3.77

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from OPEN reporting the same item, with the next session's move:

About Opendoor Technologies Inc.

Opendoor Technologies Inc. is a revolutionary real estate technology company specializing in the simplified buying and selling of homes. Founded in 2014, Opendoor's primary function is to streamline real estate transactions through its innovative iBuyer platform, which allows homeowners to sell their properties quickly and efficiently by receiving an offer from Opendoor within days. The company purchases homes, makes necessary repairs, and then resells them, facilitating a smoother transaction process for both buyers and sellers. Opendoor predominantly impacts the residential real estate sector, emphasizing markets in urban and suburban areas across the United States. By harnessing data analytics and a strong digital presence, Opendoor reduces the need for traditional intermediaries, making the process more cost-effective and less time-consuming. In the financial market, Opendoor Technologies Inc. plays a pivotal role by transforming the real estate landscape with technology-driven solutions, reflecting broader trends in the digitization of services. This company continues to influence the future of real estate transactions, aiming to redefine how people experience buying and selling homes.

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