Opendoor Technologies Inc. Files 8-K on Shareholder Votes

TL;DR

OPEN filed an 8-K on shareholder votes; corporate details updated.

AI Summary

Opendoor Technologies Inc. filed an 8-K on June 17, 2024, reporting on matters submitted to a vote of security holders as of June 14, 2024. The filing details the company's corporate structure and previous name, Social Capital Hedosophia Holdings Corp. II, which was changed on January 24, 2020. The report is filed under the Securities Exchange Act of 1934.

Why It Matters

This filing provides an update on corporate governance matters, specifically votes by security holders, which can impact company direction and shareholder rights.

Risk Assessment

Risk Level: low — This is a routine corporate filing detailing past events and company information, not indicating new financial risks.

Key Players & Entities

• Opendoor Technologies Inc. (company) — Registrant
• Social Capital Hedosophia Holdings Corp. II (company) — Former company name
• June 14, 2024 (date) — Earliest event reported
• June 17, 2024 (date) — Date of report
• January 24, 2020 (date) — Date of name change

FAQ

Key Financial Figures

• $0.0001 — ge on which registered Common stock, $0.0001 par value per share OPEN The Nasdaq Sto

Filing Documents

• open-20240614.htm (8-K) — 36KB
• 0001801169-24-000101.txt ( ) — 160KB
• open-20240614.xsd (EX-101.SCH) — 2KB
• open-20240614_lab.xml (EX-101.LAB) — 22KB
• open-20240614_pre.xml (EX-101.PRE) — 13KB
• open-20240614_htm.xml (XML) — 3KB

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders Opendoor Technologies Inc. (the "Company") held its 2024 Annual Meeting of Stockholders on June 14, 2024 (the "Meeting"). A total of 505,822,596 shares of the Company's common stock were present virtually or represented by proxy at the Meeting, representing approximately 73.14% of the Company's outstanding common stock as of April 17, 2024, the Company's record date. The final voting results for the proposals considered and voted upon at the Meeting, all of which were described in the Company's definitive proxy statement filed with the Securities and Exchange Commission on April 24, 2024, as supplemented by the proxy supplement filed on May 2, 2024, are as follows: Proposal No. 1: The Company's stockholders elected each of Dana Hamilton, Cipora Herman and Glenn Solomon, to hold office as Class I directors and to serve a three-year term ending at the 2027 Annual Meeting of Stockholders, or until their successors are duly elected and qualified, subject to their earlier removal or resignation. The result of such vote was as follows: Nominees For Withhold Broker Non-Votes Dana Hamilton 352,848,127 1,736,821 151,237,648 Cipora Herman 294,547,284 60,037,664 151,237,648 Glenn Solomon 271,980,358 82,604,590 151,237,648 Proposal No. 2: The Company's stockholders ratified Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024. The result of such vote was as follows: For Against Abstain 501,926,302 3,183,335 712,959 As a routine proposal under applicable rules, no broker non-votes were recorded in connection with this proposal. Proposal No. 3: The Company's stockholders approved, on an advisory (non-binding) basis, the compensation of the Company's named executive officers. The result of such vote was as follows: For Against Abstain Broker Non-Votes 321,927,543 32,164,184 493,221 151,237,648 2

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Opendoor Technologies Inc. Date: June 17, 2024 By: /s/ Carrie Wheeler Name: Carrie Wheeler Title: Chief Executive Officer 3

View Full Filing

View this 8-K filing on SEC EDGAR