Where can I find Opendoor’s S-4 or proxy filing explaining warrant conversion terms?
Executive summary
The definitive explanations of how Opendoor’s warrants were issued and how they interact with convertible notes are not in press releases but in the company’s SEC filings—specifically the Form 8‑K and the proxy/prospectus-type filing that was made available through the SEC’s EDGAR system; those documents include the warrant registration (Form 8‑A), the warrant agreement exhibits, and the proxy/prospectus that describes how conversion and settlement mechanics work [1] [2] [3]. Media accounts and Opendoor press releases summarize the actions but point readers to those SEC filings for the legal detail [4] [5].
1. Where the conversion-and-warrant terms actually live: SEC filings on EDGAR
The most reliable place to find the legal mechanics of warrant conversion, exercise method, expiration and how convertible noteholders received warrants instead of a conversion-rate adjustment is the company’s filings on the SEC EDGAR system—look for the Form 8‑K describing the warrant distribution (which references a Form 8‑A registration statement and prospectus supplement) and the proxy/prospectus or S‑4-style filing that contains the full text of agreements and exhibits (the Form 8‑K and the related exhibits are available on the SEC site) [1] [2] [3].
2. Which specific filings to pull and what each contains
Start with the Form 8‑K that Opendoor filed to announce the warrant distribution: it explains the distribution mechanics, notes that a Form 8‑A registration statement and prospectus supplement describing the warrants will be filed, and attaches FAQs and related exhibits [1] [2]. Then open the Form 8‑A and its exhibits (including the form of warrant agreement and prospectus supplement) to read the exercise price, exercise method (cash initially, issuer can switch to net exercise), expiration and acceleration triggers [6] [1]. For broader transactional mechanics—how outstanding awards, warrants and convertible notes were treated in the domestication/merger or other structural transactions—consult the proxy/prospectus or S‑4-style filing that appears on EDGAR (the tm2030455-16_424b3 item covers shares and warrants issued in a domestication/merger and includes the operative conversion and settlement language) [3].
3. Why press releases and news stories aren’t enough
Opendoor’s press releases and newswire summaries (GlobeNewswire, Nasdaq, Investing.com and others) provide key highlights—series names (K, A, Z), distribution dates, and that convertible noteholders received equivalent warrants based on conversion rates—but they explicitly direct readers to the SEC registration and prospectus for the binding terms and state that the warrant agreement form is filed as an exhibit [4] [5] [7] [8]. Those media items are accurate for headline facts but omit granular legal language (indemnities, representations, exact settlement formulas, and exhibit texts) that only the EDGAR filings carry [1] [2].
4. Practical steps to retrieve the documents and what to look for inside them
On the SEC EDGAR site search “Opendoor Technologies” or the company CIK, then filter by recent Form 8‑K, Form 8‑A, proxy/prospectus (S‑4 or 424B/424B3) and exhibits; pull the Form 8‑K that announces the warrant dividend and its attached Exhibit 99.x FAQ and the Form 8‑A exhibit containing the warrant agreement and prospectus supplement for exercise price, exercise method, expiration and noteholder treatment [1] [6]. For the conversion/merger mechanics and how warrants interplay with awards and convertible notes, open the proxy/prospectus (the filing cited as tm2030455-16_424b3 on EDGAR) because it includes conversion formulas, settlement options and the specific numbers of warrants/shares covered [3].
5. Caveats, alternative sources and limitations
Corporate press releases, investor FAQs and media summaries correctly flag where to find the legal text but are not substitutes for reading the filed exhibits [4] [5] [8]; the available reporting explicitly points readers back to the SEC filings and the company investor website for the full language [1] [2]. If a reader cannot find an S‑4 by that exact name, the operative content may appear as a proxy/prospectus or 424B series filing—searching for those document types on EDGAR or using the company’s investor relations “static files” repository will surface the text cited by Opendoor [3] [2]. No source in the provided reporting claims the press releases supplant the formal filings; instead they confirm the filings are the source of legal terms [6] [1].