Opendoor Technologies Inc. announced the distribution of warrants to purchase the Company’s common stock to registered stockholders and convertible noteholders. Each stockholder received three series of warrants for every thirty shares held, rounded down to the nearest whole number. The warrants are exercisable for cash starting on the Distribution Date. Shareholders must have been on record as of November 18, 2025, to be eligible. Warrants for Series K, A, and Z have exercise prices of $9.00, $13.00, and $17.00 respectively, with an expiration date of November 20, 2026, unless specific conditions are met. The warrants are expected to trade on The Nasdaq Stock Market.
Read more at GlobeNewswire: Opendoor Distributes Special Dividend of Tradable Warrants
