OpenTable (OPEN) to Offer 24M Shares

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Go back to OpenTable (OPEN) to Offer 24M Shares

Opendoor Technologies Inc. Announces Proposed Public Offering of Common Stock

February 2, 2021 4:32 PM EST

SAN FRANCISCO, Feb. 02, 2021 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Opendoor) (Nasdaq: OPEN), a leading digital platform for residential real estate, today announced that it has commenced an underwritten public offering of 24,000,000 shares of its common stock. All of the shares in the proposed offering will be sold by Opendoor. In addition, Opendoor expects to grant the underwriters a 30-day option to purchase up to an additional 3,600,000 shares of its common stock in the offering. The proposed offering is subject to market and other conditions, and there can be no assurance as... More