Opendoor Technologies Inc. 8K

Opendoor Technologies Inc. executed an indenture to issue 0.00% Convertible Senior Notes due 2030, setting the terms for $650 million of convertible debt and related conversion, repurchase, and redemption provisions.

Opendoor Technologies Inc. entered into an indenture dated August 19, 2026, with U.S. Bank Trust Company, National Association, as trustee, providing for the issuance of $650 million aggregate principal amount of 0.00% Convertible Senior Notes due August 15, 2030, which are unsecured, non‑interest‑bearing (other than potential special or additional interest), convertible into Opendoor common stock at an initial conversion rate of 212.2466 shares per $1,000 principal amount, and subject to customary covenants, events of default, fundamental change repurchase rights, and company redemption and conversion mechanics as detailed in the agreement.

Filing Facts

CIK

1801169

Ticker

-

Form

8K

Source Type

sec

Accession

0001140361-26-033739

Alert Tier

7