Opendoor Technologies Inc. 28,000,000 Shares Common Stock ($0.0001 par value) Underwriting AgreementUnderwriting Agreement • September 17th, 2021 • Opendoor Technologies Inc. • Real estate agents & managers (for others) • New York
SVF Excalibur (Cayman) Limited (the “Selling Stockholder”) proposes to sell to Citigroup Global Markets Inc. (the “Underwriter”) 28,000,000 shares of common stock, $0.0001 par value (“Common Stock”) of Opendoor Technologies Inc., a Delaware corporation (the “Company”) (said shares to be sold by the Selling Stockholder being hereinafter called the “Underwritten Securities”). The Selling Stockholder also proposes to grant to the Underwriter an option to purchase up to 4,200,000 additional shares of Common Stock (the “Option Securities”; the Option Securities, together with the Underwritten Securities, being hereinafter called the “Securities”). Certain terms used herein are defined in Section 22 hereof.
