---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-042984"
form_type: "8-K"
ticker: "OPEN"
cik: "0001801169"
company_name: "Opendoor Technologies Inc."
filed_at: "2025-11-21T23:59:59+00:00"
generated_at: "2026-05-16T17:41:14.892262+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001140361-25-042984
- form_type: 8-K
- ticker: OPEN
- cik: 0001801169
- company_name: Opendoor Technologies Inc.
- filed_at: 2025-11-21T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801169/000114036125042984/0001140361-25-042984-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801169/000114036125042984/ef20059583_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-042984
- JSON: https://secwatch.observer/filing/0001140361-25-042984.json
- Plain text: https://secwatch.observer/filing/0001140361-25-042984.txt

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