Opendoor Technologies Inc. distributed warrants to purchase the Company's common stock to registered stockholders on November 21, 2025.
Each stockholder of record as of November 18, 2025, received three series of warrants—Series K, Series A, and Series Z—one warrant of each series for every thirty shares of the Company's common stock held.
The warrants are exercisable for cash following the Distribution Date, in line with the warrant agreement terms.
Warrant Dividend as Confidence Statement
The warrant dividend signifies confidence in Opendoor's business, plan, and long-term value.
Real Alignment with Shareholders
The dividend aims to align with shareholders and prioritize actions over promises.
Warrant Terms
Each series of warrants has specific exercise prices and expiration conditions for shareholder benefit.
- The warrant distribution exemplifies a commitment to strengthening the relationship with shareholders through tangible actions.
- Shareholders receiving warrants have the opportunity to participate in the growth and future value of Opendoor.
Opendoor's decision to distribute tradable warrants as a special dividend showcases a dedication to shareholder alignment and value appreciation. This strategic move reinforces Opendoor's commitment to its investors and future growth potential.