Opendoor Technologies Inc - Series Z (OPENZ) Warrant
Each OPENZ warrant gives the holder the right to buy 1 share of Opendoor Technologies Inc - Series Z at $17.00 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 Z has a market value of about $2.37B. There are 33.10M 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.
OPEN vs strike, last 12 months
No share-price history for OPEN yet.
Key terms
- Strike per share
- $17.00
- Shares per warrant
- 1
- Cash to exercise one warrant
- $17.00
- Expiry
- 2026-11-20
- Redemption trigger
- $10.00
- Cashless exercise
- allowed
- Break-even stock price
- $17.08
From the issuer's S-1/A (2021-01-13).
Company and stock
- Company
- Opendoor Technologies Inc - Series Z
- Underlying stock
- OPEN
- Share price
- $2.44
- Market cap
- $2.37B
- Shares outstanding
- 971.09M
- Value of all listed warrants
- $2.58M (0.1% 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
- $0.0780
- Price / model
Get Pro to see whether OPENZ is cheap or rich against our model.
Dilution
- Shares outstanding
- 971.09M
- Listed warrants
- 33.10M
- Dilution if all exercised
- 3.4%
Warrant count from filing notes, read by hand (high): Series Z Warrants ($17.00).
Filings and events
Questions about OPENZ
When does the OPENZ warrant expire?
OPENZ expires on November 20, 2026.
What is the strike price of OPENZ?
$17.00 per share; each warrant converts into 1 share, so exercising one warrant costs $17.00.
Can Opendoor Technologies Inc - Series Z redeem the OPENZ 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 OPENZ warrants are outstanding?
33.10M listed warrants, equal to 3.4% dilution if all are exercised.