{"filing":{"accession_number":"0001140361-26-032600","cik":"0001801169","ticker":"OPENZ","company_name":"Opendoor Technologies Inc.","form":"8-K","filing_date":"2026-08-13","report_date":"2026-08-12","primary_document":"ef20080105_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1801169/000114036126032600/ef20080105_8k.htm"},"events":[{"id":27414,"run_id":24985,"accession_number":"0001140361-26-032600","anchor_item_number":"1.01","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"Opendoor entered into subscription agreements on August 12, 2026 to issue $650 million aggregate principal amount of 0.00% Convertible Senior Notes due 2030, a material creation of a new direct financial obligation. The transaction includes concurrent share repurchase ($158 million) and capped call transactions designed to minimize dilution.","company_name":"Opendoor Technologies Inc.","ticker":"OPENZ","filing_date":"2026-08-13","form":"8-K","submitted_at":null,"items":[{"id":28944,"accession_number":"0001140361-26-032600","item_number":"1.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Opendoor entered into subscription agreements on August 12, 2026 to issue $650 million aggregate principal amount of 0.00% Convertible Senior Notes due 2030. This is a material creation of a new direct financial obligation under Item 1.01. While the transaction also includes a concurrent share repurchase ($158 million) and capped call transactions, the primary disclosed event is the issuance of convertible debt securities, which is the core debt_issuance event.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-13T10:11:29.690948+00:00","company_name":"","ticker":null,"filing_date":""},{"id":28945,"accession_number":"0001140361-26-032600","item_number":"3.02","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Item 3.02 discloses an unregistered private placement of $650 million in 0% convertible senior notes due 2030, offered under Section 4(a)(2) of the Securities Act. The press release confirms this is a capital raise structured to minimize dilution through concurrent share repurchase ($158 million) and capped call transactions. While the transaction includes a buyback component, the core 8-K Item 3.02 event is the issuance of convertible securities in a private placement—a classic dilutive equity issuance that raises material growth capital and affects shareholder value.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-13T10:11:29.690948+00:00","company_name":"","ticker":null,"filing_date":""},{"id":28946,"accession_number":"0001140361-26-032600","item_number":"7.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The filing discloses a $650 million offering of 0% Convertible Senior Notes due 2030, which constitutes creation of a new direct financial obligation. While the transaction also includes a concurrent $158 million share repurchase and capped call transactions, the primary material event is the debt issuance. The convertible notes are senior, unsecured obligations maturing in 2030, making this a debt_issuance event. The share repurchase is secondary to and funded by the debt offering proceeds.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-13T10:11:29.690948+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":28944,"accession_number":"0001140361-26-032600","item_number":"1.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Opendoor entered into subscription agreements on August 12, 2026 to issue $650 million aggregate principal amount of 0.00% Convertible Senior Notes due 2030. This is a material creation of a new direct financial obligation under Item 1.01. While the transaction also includes a concurrent share repurchase ($158 million) and capped call transactions, the primary disclosed event is the issuance of convertible debt securities, which is the core debt_issuance event.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-13T10:11:29.690948+00:00","company_name":"Opendoor Technologies Inc.","ticker":"OPENZ","filing_date":"2026-08-13"},{"id":28945,"accession_number":"0001140361-26-032600","item_number":"3.02","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Item 3.02 discloses an unregistered private placement of $650 million in 0% convertible senior notes due 2030, offered under Section 4(a)(2) of the Securities Act. The press release confirms this is a capital raise structured to minimize dilution through concurrent share repurchase ($158 million) and capped call transactions. While the transaction includes a buyback component, the core 8-K Item 3.02 event is the issuance of convertible securities in a private placement—a classic dilutive equity issuance that raises material growth capital and affects shareholder value.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-13T10:11:29.690948+00:00","company_name":"Opendoor Technologies Inc.","ticker":"OPENZ","filing_date":"2026-08-13"},{"id":28946,"accession_number":"0001140361-26-032600","item_number":"7.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The filing discloses a $650 million offering of 0% Convertible Senior Notes due 2030, which constitutes creation of a new direct financial obligation. While the transaction also includes a concurrent $158 million share repurchase and capped call transactions, the primary material event is the debt issuance. The convertible notes are senior, unsecured obligations maturing in 2030, making this a debt_issuance event. The share repurchase is secondary to and funded by the debt offering proceeds.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-13T10:11:29.690948+00:00","company_name":"Opendoor Technologies Inc.","ticker":"OPENZ","filing_date":"2026-08-13"}]}