Opendoor Technologies Inc - Series K (OPENW) Warrant

NASDAQCompany warrantstrike $9.001 share per warrantexpires 2026-11-20updated 2026-10-04

Each OPENW warrant gives the holder the right to buy 1 share of Opendoor Technologies Inc - Series K at $9.00 per share, until November 20, 2026. The stock last closed at $2.44, below the strike, so the warrant is out of the money. Opendoor Technologies Inc - Series K has a market value of about $2.37B. There are 33.09M listed warrants; exercising all of them would add 3.4% to the 971.09M shares outstanding. The company can call the warrants if the stock trades at or above $10.00.

Warrant price
$0.1200
last close
OPEN share price
$2.44
27% of strike
Market cap
$2.37B
971.09M shares
Time left
47 days
expires 2026-11-20
Dilution if exercised
3.4%
33.09M warrants

OPEN vs strike, last 12 months

No share-price history for OPEN yet.

Key terms

Strike per share
$9.00
Shares per warrant
1
Cash to exercise one warrant
$9.00
Expiry
2026-11-20
Redemption trigger
$10.00
Cashless exercise
allowed
Break-even stock price
$9.12

From the issuer's S-1/A (2021-01-13).

Company and stock

Company
Opendoor Technologies Inc - Series K
Underlying stock
OPEN
Share price
$2.44
Market cap
$2.37B
Shares outstanding
971.09M
Value of all listed warrants
$3.97M (0.2% of market cap)

Market cap is the last share price times shares outstanding (as of 2026-07-28). All SEC filings for this company.

Model value vs price Pro

Model value
Last price
$0.1200
Price / model

Get Pro to see whether OPENW is cheap or rich against our model.

Dilution

Shares outstanding
971.09M
Listed warrants
33.09M
Dilution if all exercised
3.4%

Warrant count from filing notes, read by hand (high): Series K Warrants ($9.00).

Filings and events

Questions about OPENW

When does the OPENW warrant expire?

OPENW expires on November 20, 2026.

What is the strike price of OPENW?

$9.00 per share; each warrant converts into 1 share, so exercising one warrant costs $9.00.

Can Opendoor Technologies Inc - Series K redeem the OPENW warrants early?

Yes. The company can call them if the share price reaches $10.00 for the required period (usually 20 of 30 trading days).

How many OPENW warrants are outstanding?

33.09M listed warrants, equal to 3.4% dilution if all are exercised.

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