---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-070575"
form_type: "8-K"
ticker: "OPEN"
cik: "0001801169"
company_name: "Opendoor Technologies Inc."
filed_at: "2023-03-15T23:59:59+00:00"
generated_at: "2026-06-18T02:19:00.583901+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-23-070575
- form_type: 8-K
- ticker: OPEN
- cik: 0001801169
- company_name: Opendoor Technologies Inc.
- filed_at: 2023-03-15T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801169/000119312523070575/0001193125-23-070575-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801169/000119312523070575/d429375d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-070575
- JSON: https://secwatch.observer/filing/0001193125-23-070575.json
- Plain text: https://secwatch.observer/filing/0001193125-23-070575.txt

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