---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-053326"
form_type: "8-K"
ticker: "OPEN"
cik: "0001801169"
company_name: "Opendoor Technologies Inc."
filed_at: "2023-11-15T23:59:59+00:00"
generated_at: "2026-06-08T02:40:03.310226+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Opendoor repurchases $129M of convertible notes at ~30% discount

## Summary
- Repurchased ~$129M principal of 0.25% Convertible Senior Notes due 2026 at ~30% discount to par.
- Repurchase price paid in cash; expects close on Nov 17, 2023.
- After repurchase, ~$381M principal of the notes remains outstanding.
- Existing capped call transactions with financial institutions remain in effect.

## SEC filing metadata
- accession: 0001140361-23-053326
- form_type: 8-K
- ticker: OPEN
- cik: 0001801169
- company_name: Opendoor Technologies Inc.
- filed_at: 2023-11-15T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801169/000114036123053326/0001140361-23-053326-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801169/000114036123053326/ef20014757_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-053326
- JSON: https://secwatch.observer/filing/0001140361-23-053326.json
- Plain text: https://secwatch.observer/filing/0001140361-23-053326.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.