Opendoor distributes warrant dividend to shareholders; warrants trade on Nasdaq Nov 24

Opendoor Technologies Inc.

Distribution ratio: one Series K, A, Z warrant per 30 shares held as of Nov 18 record date.
Exercise prices: $9 (Series K), $13 (Series A), $17 (Series Z); early expiration trigger at 120% of exercise price.
Warrants expected to trade on Nasdaq starting Nov 24 under tickers OPENW, OPENL, OPENZ.
Holders of 7% convertible notes due 2030 received warrants in lieu of conversion rate adjustment.
CEO Kaz Nejatian says dividend reflects confidence in business and shareholder alignment.

item 1.01 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Opendoor Technologies Inc. entered into Warrant Agreement with Equiniti Trust Company, LLC (effective 2025-11-21).

Action: entry
Counterparty: Equiniti Trust Company, LLC
Effective: 2025-11-21

Exact text from the filing

Warrant Agreement, dated as of November 21, 2025, between the Company and Equiniti Trust Company, LLC, as Warrant Agent (the “Warrant Agreement”)

View on SEC.gov

18 material agreements filed in the last 30 days. Browse all material agreements →

Opendoor Technologies Inc. filing history →

Source: SEC EDGAR

accession 0001140361-25-042984

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