---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-139769"
form_type: "8-K"
ticker: "OPEN"
cik: "0001801169"
company_name: "Opendoor Technologies Inc."
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T06:52:56.446753+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Opendoor repurchases $279M of 0.25% convertible notes at ~39.5% discount

## Summary
- Repurchased ~$279M aggregate principal of 0.25% Convertible Senior Notes due 2026 at ~39.5% discount to par plus accrued interest.
- Repurchase price paid in cash; transaction expected to close May 12, 2023.
- After closing, ~$510M principal amount of notes will remain outstanding.
- Existing capped call transactions remain in effect and are unaffected by the repurchases.

## SEC filing metadata
- accession: 0001193125-23-139769
- form_type: 8-K
- ticker: OPEN
- cik: 0001801169
- company_name: Opendoor Technologies Inc.
- filed_at: 2023-05-10T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801169/000119312523139769/0001193125-23-139769-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801169/000119312523139769/d445466d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-139769
- JSON: https://secwatch.observer/filing/0001193125-23-139769.json
- Plain text: https://secwatch.observer/filing/0001193125-23-139769.txt

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