Opendoor Technologies Inc. has announced a proposal for a reverse stock split of its common stock, with a potential ratio ranging from 1-for-10 to 1-for-50. The decision is aimed at supporting long-term shareholder value and maintaining its Nasdaq listing. The exact ratio and timing will be determined by the Board based on various factors, including market conditions and trading prices. The proposal will be discussed at a Special Meeting of Stockholders on July 28, 2025.
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