Opendoor Technologies Inc. distributed warrants to purchase the company's common stock to registered stockholders and certain convertible noteholders on November 21, 2025.
Shareholders received three series of warrants—Series K, Series A, and Series Z—based on the number of shares they held as of November 18, 2025.
The warrant dividend is a statement of confidence in the business and a step towards rebuilding the relationship with shareholders through actions.
Warrant Distribution
Shareholders received one warrant of each series for every thirty shares of the company's common stock held.
Exercise Prices
Series K: $9.00, Series A: $13.00, Series Z: $17.00 per warrant.
Expiration Dates
Each series will expire on November 20, 2026, or earlier if the Early Expiration Price Condition is met.
- The warrant distribution reflects Opendoor's commitment to shareholder alignment and value creation.
- Shareholders' confidence in Opendoor's long-term prospects may increase due to the warrant dividend.
Opendoor's distribution of warrants signifies a strategic move to enhance shareholder relationships and underline long-term value creation.