---
schema_version: "secwatch.filing_event.v1"
accession: "0001801169-25-000042"
form_type: "8-K"
ticker: "OPEN"
cik: "0001801169"
company_name: "Opendoor Technologies Inc."
filed_at: "2025-05-30T23:59:59+00:00"
generated_at: "2026-05-20T04:38:13.211737+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Opendoor receives Nasdaq deficiency notice for bid price below $1.00

## Summary
- Closing bid price of OPEN common stock below $1.00 for 30 consecutive business days.
- Given 180 calendar days, until November 24, 2025, to regain compliance.
- To cure, stock must close at $1.00+ for 10 consecutive business days.
- If not cured, may seek transfer to Nasdaq Capital Market for additional 180-day period.
- Company considering options including a reverse stock split; no assurance of compliance.

## SEC filing metadata
- accession: 0001801169-25-000042
- form_type: 8-K
- ticker: OPEN
- cik: 0001801169
- company_name: Opendoor Technologies Inc.
- filed_at: 2025-05-30T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801169/000180116925000042/0001801169-25-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801169/000180116925000042/open-20250528.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001801169-25-000042
- JSON: https://secwatch.observer/filing/0001801169-25-000042.json
- Plain text: https://secwatch.observer/filing/0001801169-25-000042.txt

## Key facts
- Listing & Compliance Notices
  Opendoor Technologies Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5450(a)(1), 5810(c)(3)(A)
  source text: May 28, 2025, Opendoor Technologies Inc. (the “Company”) received written notice (the “Notice”) from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, because the closing bid price for the Company’s common stock, par value $0.0001 per share (the “Common Stock”), has fallen below $1.00 per share for 30 consecutive business days, the Company no longer meets the minimum bid price requirement for continued listing on the Nasdaq Global Select Market pursuant to Nasdaq Listing Rule 5450(a)(1) (the “Bid Price Requirement”). The N
  evidence_url: https://www.sec.gov/Archives/edgar/data/1801169/000180116925000042/0001801169-25-000042-index.htm

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