SAN FRANCISCO, May 19, 2025 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (NASDAQ:OPEN) (the "Company"), a leading e-commerce platform for residential real estate transactions, today announced the completion of its negotiated exchange and subscription agreements (the "Exchange and Subscription Agreements") with certain holders of the Company's 0.25% Convertible Senior Notes due 2026 (the "2026 Notes") and new investors, pursuant to which the Company issued $325.0 million aggregate principal amount of its 7.000% Convertible Senior Notes due 2030 (the "2030 Notes") consisting of (a) approximately $245.8 million principal amount of 2030 Notes issued in exchange for approximately $245.8 milli

SAN FRANCISCO, May 06, 2025 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (NASDAQ:OPEN), a leading e-commerce platform for residential real estate transactions, today reported financial results for its first quarter ended March 31, 2025. Opendoor's first quarter 2025 financial results and management commentary can be accessed through the Company's shareholder letter on the "Quarterly Reports" page of Opendoor's investor relations website at https://investor.opendoor.com/financials-filings/quarterly-reports. "We've spent the last decade building a modern real estate platform—designed to deliver simplicity, certainty, and a customer-first experience. We entered 2025 with a clear plan to dr

SAN FRANCISCO, April 08, 2025 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. ("Opendoor") (NASDAQ:OPEN), a leading e-commerce platform for residential real estate transactions, today announced that it will report first quarter 2025 financial results for the period ended March 31, 2025 following the close of the market on Tuesday, May 6, 2025. On that day, management will host a conference call and webcast at 2:00 p.m. PT (5:00 p.m. ET) to discuss the company's business and financial results. What: Opendoor First Quarter 2025 Earnings Conference CallWhen: Tuesday, May 6, 2025Time: 2:00 p.m. PT (5:00 p.m. ET)Live Webcast: A live webcast of the call can be accessed from the Events and Presen

SAN FRANCISCO, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (NASDAQ:OPEN), a leading e-commerce platform for residential real estate transactions, today reported financial results for its fourth quarter and year ended December 31, 2024. Opendoor's fourth quarter and year-end 2024 financial results and management commentary can be accessed through the Company's shareholder letter on the "Quarterly Reports" page of Opendoor's investor relations website at https://investor.opendoor.com/financials-filings/quarterly-reports. "In 2024, we took decisive actions to streamline operations and optimize our cost structure to better position the Company to navigate the pers

SAN FRANCISCO, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. ("Opendoor") (NASDAQ:OPEN), a leading e-commerce platform for residential real estate transactions, today announced that it will report fourth quarter and full year 2024 financial results for the period ended December 31, 2024 following the close of the market on Thursday, February 27, 2025. On that day, management will host a conference call and webcast at 2:00 p.m. PT (5:00 p.m. ET) to discuss the company's business and financial results. What: Opendoor Fourth Quarter 2024 Earnings Conference CallWhen: Thursday, February 27, 2025Time: 2:00 p.m. PT (5:00 p.m. ET)Live Webcast: A live webcast of the call can be acc

SAN FRANCISCO, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (NASDAQ:OPEN), a leading e-commerce platform for residential real estate transactions, today reported financial results for its third quarter ended September 30, 2024. Opendoor's third quarter 2024 financial results and management commentary can be accessed through the Company's shareholder letter on the "Quarterly Reports" page of Opendoor's investor relations website at https://investor.opendoor.com/financials-filings/quarterly-reports. "Opendoor's third quarter acquisition volumes, revenue, Contribution Profit, and Adjusted EBITDA all exceeded our guidance, notwithstanding persistent housing market headwinds. I

SAN FRANCISCO, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. ("Opendoor") (NASDAQ:OPEN), a leading e-commerce platform for residential real estate transactions, today announced that it will report third quarter 2024 financial results for the period ended September 30, 2024 following the close of the market on Thursday, November 7, 2024. On that day, management will host a conference call and webcast at 2:00 p.m. PT (5:00 p.m. ET) to discuss the company's business and financial results. What: Opendoor Third Quarter 2024 Earnings Conference CallWhen: Thursday, November 7, 2024Time: 2:00 p.m. PT (5:00 p.m. ET)Live Webcast: A live webcast of the call can be accessed from the

Alphabet Inc. and eBay vet named Chief Financial Officer LegalZoom and Intuit vet named Chief Technology & Product Officer SAN FRANCISCO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. ("Opendoor") (NASDAQ:OPEN), the leading e-commerce platform for residential real estate transactions, today announced the appointments of Selim Freiha as Chief Financial Officer and Shrisha Radhakrishna as Chief Technology & Product Officer. "The addition of Selim and Shrisha to our executive team will be instrumental as we continue shaping the future of real estate," said Carrie Wheeler, CEO of Opendoor. "Shrisha's exceptional track record in building transformative digital solutions aligns

SAN FRANCISCO, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. ("Opendoor") (NASDAQ:OPEN), a leading e-commerce platform for residential real estate transactions, today announced that David Benson, former President of Fannie Mae, has been appointed to its Board of Directors ("Board"), effective immediately. Mr. Benson will also serve on the Audit Committee of the Board. "I am thrilled to welcome David to our Board. He is a deeply respected executive who brings to our team three decades of leadership in the single-family residential real estate space, along with deep understanding of the capital markets and regulatory landscape," said Carrie Wheeler, Opendoor CEO and Board Di

SAN FRANCISCO, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (NASDAQ:OPEN), a leading e-commerce platform for residential real estate transactions, today announced that Carrie Wheeler, Chief Executive Officer, will speak at the Goldman Sachs Communacopia & Technology Conference on Monday, September 9, 2024 at 4:25pm PT/7:25pm ET. A live webcast of the presentation will be available at investor.opendoor.com. About Opendoor Opendoor's mission is to power life's progress, one move at a time. Since 2014, Opendoor has provided people across the U.S. with a simple and certain way to buy and sell a home. Opendoor is a team of problem solvers, innovators, and operators who are lea

Alphabet Inc. and eBay vet named Chief Financial Officer LegalZoom and Intuit vet named Chief Technology & Product Officer SAN FRANCISCO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. ("Opendoor") (NASDAQ:OPEN), the leading e-commerce platform for residential real estate transactions, today announced the appointments of Selim Freiha as Chief Financial Officer and Shrisha Radhakrishna as Chief Technology & Product Officer. "The addition of Selim and Shrisha to our executive team will be instrumental as we continue shaping the future of real estate," said Carrie Wheeler, CEO of Opendoor. "Shrisha's exceptional track record in building transformative digital solutions aligns

SAN FRANCISCO, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. ("Opendoor") (NASDAQ:OPEN), a leading e-commerce platform for residential real estate transactions, today announced that David Benson, former President of Fannie Mae, has been appointed to its Board of Directors ("Board"), effective immediately. Mr. Benson will also serve on the Audit Committee of the Board. "I am thrilled to welcome David to our Board. He is a deeply respected executive who brings to our team three decades of leadership in the single-family residential real estate space, along with deep understanding of the capital markets and regulatory landscape," said Carrie Wheeler, Opendoor CEO and Board Di

SAN FRANCISCO, May 02, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. ("Opendoor") (NASDAQ:OPEN), a leading e-commerce platform for residential real estate transactions, today announced that Eric Feder, President of LENX and a senior executive at Lennar Corporation, has been appointed to its Board of Directors, effective as of May 1, 2024. "We are delighted to have Eric Feder join our Board," said Carrie Wheeler, Opendoor CEO and Board Director. "Eric is a seasoned executive in residential real estate and will bring his deep industry and operating expertise to our team. We look forward to leveraging his insights into the housing sector, capital markets capabilities, and unique touch

SAN FRANCISCO, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. ("Opendoor") (NASDAQ:OPEN), a leading e-commerce platform for residential real estate transactions, today announced Dana Hamilton has been appointed to the Opendoor Board of Directors, effective immediately. Ms. Hamilton will serve on the Board's Audit Committee. "We are pleased to welcome a leader of Dana's caliber to our Board," said Carrie Wheeler, Opendoor CEO and Board Director. "Dana's three decades of real estate experience and significant financial, transactional and asset management knowledge across multiple real estate verticals will help propel our vision for Opendoor and the future of home buying and s

Addressable, the real estate marketing platform that utilizes robots, artificial intelligence, and proprietary homeowner data to help agents with lead generation, is delighted to announce that it has hired Katie DeCarlo as their new COO, investing in the company's commitment to growth and efficiency. Additionally, the company has announced that it hit a significant milestone, having helped generate over $2 billion in home sales for its customers since 2020. DeCarlo comes to Addressable with a decade of leadership roles in well-known tech firms, including Asana Inc. (NYSE:ASAN) and Opendoor Technologies Inc. (NASDAQ:OPEN). Most recently, at Opendoor, Katie brings experience successfully le

Opendoor Technologies Inc. ("Opendoor") (NASDAQ:OPEN), a leading e-commerce platform for residential real estate transactions, today announced changes to the executive leadership team and Board of Directors, including the appointment of Chief Financial Officer Carrie Wheeler as Chief Executive Officer and the transition of Eric Wu to a new role as President, Marketplace, effective immediately. Ms. Wheeler will join the Board and Mr. Wu will continue to serve as a member of the Board. John Rice, who has served on the Opendoor Board since 2021, has been appointed Lead Independent Director. In connection with these changes, Opendoor has expanded the size of its Board to nine directors. "I am

SAN FRANCISCO, Oct. 07, 2022 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (NASDAQ:OPEN), a leading e-commerce platform for residential real estate transactions, today announced it has granted an equity award under its Opendoor Technologies Inc. 2022 Inducement Award Plan (the "Plan"). The Plan was approved by Opendoor's Board of Directors in July 2022. In connection with the appointment of Sydney Schaub as Chief Legal Officer, Opendoor granted restricted stock units (RSUs) to Schaub to acquire an aggregate of 1,558,441 shares of Opendoor common stock. One-third of the total number of RSUs will vest on September 15, 2023 and thereafter one-twelfth of the total number of RSUs will vest in