Opendoor Technologies Inc.

Opendoor Technologies Inc. (Nasdaq: OPEN) entered the public markets through a merger with Social Capital Hedosophia Holdings Corp. II, a blank-check company sponsored by Social Capital Hedosophia and associated with investor Chamath Palihapitiya. The SPAC, which conducted its IPO in 2020 under the ticker IPOB, targeted the technology sector with a specific focus on residential real estate technology. An 8-K filed September 15, 2020 disclosed transaction-related documents tied to the definitive merger agreement between the two companies. Opendoor operates a digital platform for buying and selling homes, competing in the iBuying and proptech space. Sign up on SpacDesk to access full filing data, deal timelines, and analytics on this and every other SPAC transaction.