OpenTable (OPEN) Prices 28.54M Share Upsized Follow-On Offering at $27/Sh

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Opendoor Technologies Inc. Announces Upsize and Pricing of its Follow-On Public Offering of Common Stock

February 4, 2021 11:09 PM EST

SAN FRANCISCO, Calif., Feb. 04, 2021 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Opendoor) (Nasdaq: OPEN), a leading digital platform for residential real estate, today announced the upsize and pricing of its follow-on public offering of 28,536,888 shares of its common stock at a price to the public of $27 per share. All of the shares of common stock are being offered by Opendoor. The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Opendoor, are expected to be approximately $770 million. The offering was upsized from the previously announced... More