{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-018030","form_type":"8-K","ticker":"OPEN","cik":"0001801169","company_name":"Opendoor Technologies Inc.","filed_at":"2025-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.767131+00:00","generated_at":"2026-05-22T01:59:31.423577+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Opendoor issues $325M of 7% convertible notes due 2030, exchanges $245.8M of 0.25% notes, raises $75.3M cash","bullets":["$325M aggregate principal of 7.000% Convertible Senior Notes due 2030 issued; $245.8M exchanged for existing 0.25% notes due 2026, $79.2M for cash.","Gross cash proceeds ~$75.3M from subscription transactions; net proceeds for general corporate purposes.","Initial conversion price ~$1.57/share, ~80% premium over May 8 closing price of $0.872.","After exchange, ~$135.4M of 2026 notes remain outstanding with terms unchanged.","J. Wood Capital plans to purchase ~16.8M shares of common stock concurrently at a discount; agrees not to sell for 30 days."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-018030","json":"https://secwatch.observer/filing/0001140361-25-018030.json","markdown":"https://secwatch.observer/filing/0001140361-25-018030.md","text":"https://secwatch.observer/filing/0001140361-25-018030.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1801169/000114036125018030/0001140361-25-018030-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1801169/000114036125018030/ef20048700_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T01:59:31.423577+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}