---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-013575"
form_type: "8-K"
ticker: "OPEN"
cik: "0001801169"
company_name: "Opendoor Technologies Inc."
filed_at: "2023-01-24T23:59:59+00:00"
generated_at: "2026-06-20T10:57:08.505687+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.1
calibrated_materiality_score: 0.1
confidence: "high"
source: SEC EDGAR
---

# Opendoor amends bylaws to adopt universal proxy rules and proxy card color requirement

## Summary
- Effective Jan 23, 2023, Board approved amended bylaws addressing universal proxy rules under Rule 14a-19.
- Bylaws require stockholders soliciting proxies for director nominees other than Board's to comply with SEC notice and solicitation requirements.
- Bylaws mandate non-Board proxy solicitations use a proxy card color other than white; white reserved for Board.
- Amendments include technical, conforming, modernizing, and clarifying changes.

## SEC filing metadata
- accession: 0001193125-23-013575
- form_type: 8-K
- ticker: OPEN
- cik: 0001801169
- company_name: Opendoor Technologies Inc.
- filed_at: 2023-01-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.1
- calibrated_materiality_score: 0.1
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801169/000119312523013575/0001193125-23-013575-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801169/000119312523013575/d386352d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-013575
- JSON: https://secwatch.observer/filing/0001193125-23-013575.json
- Plain text: https://secwatch.observer/filing/0001193125-23-013575.txt

## Key facts
- Governance Changes
  Opendoor Technologies Inc.: Amended and restated bylaws to address universal proxy rules and require non-white proxy cards for stockholder solicitations, plus technical changes (effective 2023-01-23).
  - Change: bylaw amendment
  - Effective: 2023-01-23
  source text: Effective as of January 23, 2023, the Board of Directors (the “Board”) of Opendoor Technologies Inc. (the “Company”) approved and adopted an amendment and restatement of the Company’s bylaws (as so amended, the “Bylaws”). Among other things, the amendments effected by the Bylaws: • address the universal proxy rules adopted by the U.S. Securities and Exchange Commission by clarifying that no person may solicit proxies in support of a director nominee other than the Board’s nominees unless such person has complied with Rule 14a-19 under the Securities Exchange Act of 1934, as amended, including applicable notice and solicitation requirements; and • require that a stockholder directly or indirectly soliciting proxies from other stockholders use a proxy card color other than white, which shall be reserved for exclusive use by the Board. The Bylaws also include certain technical, conforming, modernizing and clarifying changes.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1801169/000119312523013575/0001193125-23-013575-index.htm

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