Opendoor Technologies Inc
For the period ended Dec 31, 2023. Filed Feb 15, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 15, 2024
OPEN$1.31-7.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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ITEM 15. EXHIBIT
(a)Documents files as part of this Annual Report on Form 10-K:
- Financial Statements
Refer to Index to Consolidated Financial Statements in “Part II – Item 8. Financial Statements and Supplementary Data” herein.
- Financial Statement Schedules
Pursuant to the requirements of Rule 5-04(c) of Regulation S-X, the following schedule is filed as part of this Annual Report on Form 10-K and should be read in conjunction with the financial statements contained in “Part II – Item 8. Financial Statements and Supplementary Data” herein.
Schedule I – Condensed Financial Information of Opendoor Technologies Inc. (Parent Company)
All other financial statement schedules for the Company have been included in the consolidated financial statements or the related footnotes, or are either inapplicable or not required.
- Exhibits †
The following is a list of exhibits filed as part of this Annual Report on Form 10-K.
| ExhibitNo. · Description · Form · File No. · Exhibit · Filing Date · Filed Herewith | |||||
|---|---|---|---|---|---|
| 2.1 | Agreement and Plan of Merger, dated as of September 15, 2020, by and among Social Capital Hedosophia Corp. II, Hestia Merger Sub Inc. and Opendoor Labs Inc. | 8-K | 001-39253 | 2.1 | 09/17/2020 |
| 3.1 | Certificate of Incorporation of Opendoor Technologies Inc. | 8-K | 001-39253 | 3.1 | 12/18/2020 |
| 3.2 | Amended and Restated Bylaws of Opendoor Technologies Inc. | 8-K | 001-39253 | 3.1 | 01/24/2023 |
| 4.1 | Specimen Common Stock Certificate of Opendoor Technologies Inc. | S-4/A | 333-249302 | 4.5 | 11/06/2020 |
| 4.2 | Warrant Agreement, dated April 27, 2020, between Social Capital Hedosophia Holdings Corp. II. and Continental Stock Transfer & Trust Company, as warrant agent | 8-K | 001-39253 | 4.1 | 04/30/2020 |
| 4.3 | Amendment to Warrant Agreement, dated March 22, 2021, between Opendoor Technologies Inc. and American Stock Transfer & Trust Company, LLC, as warrant agent | 10-Q | 001-39253 | 4.3 | 05/12/2021 |
| 4.4 | Warrant to Purchase Shares of Common Stock of Opendoor Technologies Inc., dated July 28, 2022, to Zillow, Inc. | 8-K | 001-39253 | 99.2 | 08/05/2022 |
| 4.5 | Indenture, dated as of August 20, 2021, between Opendoor Technologies Inc. and U.S. Bank National Association, as trustee | 8-K | 001-39253 | 4.1 | 08/24/2021 |
| 4.6 | Description of Securities | 10-K | 001-39253 | 4.3 | 03/04/2021 |
| 10.1 | Sponsor Support Agreement, dated September 15, 2020, by and among SCH Sponsor II LLC, the Company, each officer and director of the Registrant and Opendoor Labs Inc. | 8-K/A | 001-39253 | 10.2 | 09/17/2020 |
| 10.2 | Opendoor Holders Support Agreement, dated September 15, 2020, by and among the Company, Opendoor Labs Inc. and certain stockholders of Opendoor Labs Inc. | 8-K/A | 001-39253 | 10.3 | 09/17/2020 |
| ExhibitNo. | Description | Form | File No. | Exhibit | Filing Date | Filed Herewith |
|---|---|---|---|---|---|---|
| 10.3 | Form of Subscription Agreement, by and between the Registrant and the undersigned subscriber party thereto | 8-K/A | 001-39253 | 10.1 | 09/17/2020 | |
| 10.4 | Amended and Restated Registration Rights Agreement, dated December 18, 2020, by and among the Company, SCH Sponsor II LLC, certain former stockholders of Opendoor Labs Inc., Cipora Herman, David Spillane and ChaChaCha SPAC B, LLC, Hedosophia Group Limited and 010118 Management, L.P. | 8-K | 001-39253 | 10.14 | 12/18/2020 | |
| 10.5 | Convertible Notes Exchange Agreement, dated as of September 14, 2020, by and among Opendoor Labs Inc. and the holders party thereto | S-4 | 333-249302 | 10.5 | 10/05/2020 | |
| 10.6 | # | Form of Indemnification Agreement | 8-K | 001-39253 | 10.1 | 12/18/2020 |
| 10.7 | # | Opendoor Labs Inc. 2014 Stock Plan | S-4 | 333-249302 | 10.18 | 10/05/2020 |
| 10.8 | # | Form of Notice of Restricted Stock Unit Grant and RSU Terms and Conditions Under 2014 Stock Plan | S-4 | 333-249302 | 10.19 | 10/05/2020 |
| 10.9 | # | Form of Notice of Stock Option Grant and Stock Option Agreement under 2014 Stock Plan | S-4/A | 333-249302 | 10.20 | 11/25/2020 |
| 10.10 | # | Opendoor Technologies Inc. 2020 Incentive Award Plan | 8-K | 001-39253 | 10.3 | 12/18/2020 |
| 10.11 | # | Form of Restricted Stock Unit Grant Notice and Restricted Stock Unit Agreement under 2020 Incentive Award Plan | 8-K | 001-39253 | 99.1 | 04/02/2021 |
| 10.12 | # | Form of Option Agreement under the 2020 Incentive Award Plan | 10-Q | 001-39253 | 10.1 | 11/10/2021 |
| 10.13 | # | Form of Restricted Stock Unit Grant Notice and Restricted Stock Unit Agreement (Canada) under 2020 Incentive Award Plan | 10-Q | 001-39253 | 10.1 | 08/11/2021 |
| 10.14 | # | Opendoor Technologies Inc. 2020 Employee Stock Purchase Plan | 8-K | 001-39253 | 10.4 | 12/18/2020 |
| 10.15 | # | Opendoor Technologies Inc. Amended and Restated 2020 Employee Stock Purchase Plan (effective as of February 8, 2023) | 10-K | 001-39253 | 10.15 | 02/23/2023 |
| 10.16 | # | Offer Letter, dated as of October 20, 2020, by and between Opendoor Labs Inc. and Daniel Morillo | 10-K | 001-39253 | 10.16 | 02/24/2022 |
| 10.17 | # | Offer Letter Agreement, dated as of September 3, 2020, by and between Opendoor Labs Inc. and Carrie Wheeler | S-4/A | 333-249302 | 10.32 | 11/27/2020 |
| 10.18 | # | Amendment of Letter Agreement, dated as of December 1, 2022, by and between Opendoor Technologies Inc. and Carrie Wheeler | 10-K | 001-39253 | 10.22 | 02/23/2023 |
| 10.19 | # | Opendoor Technologies Inc. Non-Employee Director Compensation Policy | 10-Q | 001-39253 | 10.1 | 11/02/2023 |
| 10.20 | # | Opendoor Technologies Inc. Executive Severance Plan | 10-K | 001-39253 | 10.24 | 02/23/2023 |
| 10.21 | # | Change in Control Letter Agreement, dated as of January 31, 2022, by and between Opendoor Technologies Inc. and Carrie Wheeler | 10-Q | 001-39253 | 10.3 | 05/05/2022 |
| 10.22 | # | Change in Control Letter Agreement, dated as of January 31, 2022, by and between Opendoor Technologies Inc. and Daniel Morillo | 10-Q | 001-39253 | 10.5 | 05/05/2022 |
| 10.23 | # | Opendoor Technologies Inc. 2022 Inducement Award Plan | S-8 | 333-266877 | 99.1 | 08/15/2022 |
| 10.24 | # | Form of Restricted Stock Unit Grant Notice and Restricted Stock Unit Agreement Under 2022 Inducement Award Plan | S-8 | 333-266877 | 99.2 | 08/15/2022 |
| ExhibitNo. · Description · Form · File No. · Exhibit · Filing Date · Filed Herewith | |||||||
|---|---|---|---|---|---|---|---|
| 10.25 | # | Form of Stock Option Grant Notice and Stock Option Agreement Under 2022 Inducement Award Plan | S-8 | 333-266877 | 99.3 | 08/15/2022 | |
| 10.26 | Form of Confirmation of Call Option Transaction | 8-K | 001-39253 | 10.1 | 08/24/2021 | ||
| 10.27 | # | Form of Restricted Stock Unit Grant Notice and Restricted Stock Unit Agreement (India) under 2020 Incentive Award Plan | 10-K | 001-39253 | 10.32 | 02/23/2023 | |
| 10.28 | # | Offer Letter Agreement dated as of July 6, 2016, by and between Opendoor Labs Inc. and Christina Schwartz | 10-Q | 001-39253 | 10.1 | 05/04/2023 | |
| 10.29 | # | Offer Letter Agreement dated as of July 10, 2022, by and between Opendoor Labs Inc. and Sydney Schaub | 10-Q | 001-39253 | 10.2 | 05/04/2023 | |
| 10.30 | # | Offer Letter Agreement dated as of March 10, 2015, by and between Opendoor Labs Inc. and Megan Meyer | 10-Q | 001-39253 | 10.1 | 08/03/2023 | |
| 10.31 | # | Form of Restricted Stock Unit Grant Notice and Restricted Stock Unit Agreement (India) Under 2022 Inducement Award Plan | * | ||||
| 10.32 | # | Form of Restricted Stock Unit Grant Notice and Restricted Stock Unit Agreement (Canada) Under 2022 Inducement Award Plan | * | ||||
| 21.1 | List of subsidiaries of Opendoor Technologies Inc. | * | |||||
| 23.1 | Consent of Deloitte & Touche LLP | * | |||||
| 31.1 | Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 | * | |||||
| 31.2 | Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 | * | |||||
| 32.1 | Certification of Chief Executive Officer and Chief Financial Officer Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 | ** | |||||
| 97.1 | Policy for Recovery of Erroneously Awarded Compensation | * | |||||
| 101.INS | Inline XBRL Instance Document - the instance document does not appear in the Interactive Data file because its XBRL tags are embedded within the Inline XBRL document. | * | |||||
| 101.SCH | Inline XBRL Taxonomy Extension Schema Document. | * | |||||
| 101.CAL | Inline XBRL Taxonomy Extension Calculation Linkbase Document. | * | |||||
| 101.DEF | Inline XBRL Taxonomy Extension Definition Linkbase Document. | * | |||||
| 101.LAB | Inline XBRL Taxonomy Extension Label Linkbase Document. | * | |||||
| 101.PRE | Inline XBRL Taxonomy Extension Presentation Linkbase Document. | * | |||||
| 104 | Cover Page Interactive Data File (as formatted as Inline XBRL and contained in Exhibit 101) | * | |||||
- Filed herewith.
** Furnished herewith.
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