Opendoor repurchases $186M of 0.25% convertible notes due 2026 at ~46.5% discount

Opendoor Technologies Inc.

Repurchase of $186M aggregate principal amount at ~46.5% discount to par, including accrued interest.
Cash consideration paid; closing expected March 20, 2023, subject to customary conditions.
After closing, approximately $792M principal amount of the notes will remain outstanding.
Existing capped call transactions with financial institutions will remain in effect.

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