Opendoor Seeks To Cash In On Hot Market—Again—With $680 Million Public Offering

  • 📰 Forbes
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 53%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Opendoor seeks to cash in on the hot market—again—with a $680 million public offering by Noah_Kirsch

On Tuesday, the company announced that it plans to sell another 24 million shares of common stock—worth approximately $680 million as of the day’s market close.

The company, which was valued at $3.8 billion in 2019, is now worth over $15 billion; cofounder Eric Wu briefly becamein December when Opendoor went public. He is presently worth an estimated $850 million.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Noah_Kirsch

Noah_Kirsch We are all about some .....,IPOE , IPOF AND IPOD clover and open, and ready to drop money into IPOG 💵

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in CA

Canada Canada Latest News, Canada Canada Headlines