Opendoor Technologies is trading 4.02% up now at $3.52 as investors anticipate the August 19, 2026 closing of its financing transactions.
- The deal includes $650 million of 0% convertible notes and a $158 million repurchase of approximately 45.3 million shares.
- Capped calls are intended to limit dilution.
- The transaction is expected to provide roughly $440 million of growth capital while reducing shares outstanding by about 5%.