{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-019770","form_type":"8-K","ticker":"OPEN","cik":"0001801169","company_name":"Opendoor Technologies Inc.","filed_at":"2025-05-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.767340+00:00","generated_at":"2026-05-21T01:59:15.784324+00:00","sec_items":["1.01","2.03","3.02","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Opendoor closes $325M convertible notes exchange, extending maturities and adding cash","bullets":["Issued $325M aggregate principal of 7.000% Convertible Senior Notes due 2030.","$245.8M exchanged for existing 0.25% 2026 notes; $79.2M issued for cash, netting ~$75.3M.","Initial conversion price ~$1.57/share, ~80% premium over May 8 closing price of $0.872.","Notes mature May 15, 2030; interest payable semiannually beginning Nov 15, 2025.","Proceeds from cash portion used for general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-019770","json":"https://secwatch.observer/filing/0001140361-25-019770.json","markdown":"https://secwatch.observer/filing/0001140361-25-019770.md","text":"https://secwatch.observer/filing/0001140361-25-019770.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1801169/000114036125019770/0001140361-25-019770-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1801169/000114036125019770/ef20049190_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T01:59:15.784324+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"}