SC 13G

Names of Reporting Persons

SVF Excalibur (Cayman) Limited

Check the Appropriate Box if a Member of a Group

(a) ☐ (b) ☐

SEC Use Only

Citizenship or Place of Organization

Cayman Islands

SC 13G 1 d69965dsc13g.htm SC 13G SC 13G

United States

Securities and Exchange Commission

Washington, D.C. 20549

Schedule 13G

(Rule 13d-102)

Information to be Included in Statements Filed Pursuant

to § 240.13d-1(b), (c) and (d) and Amendments Thereto Filed

Pursuant to § 240.13d-2

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No.)*

Opendoor Technologies Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

683712103

(CUSIP Number)

December 18, 2020

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☒ Rule 13d-1(c)

☐ Rule 13d-1(d)

*	The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).


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ITEM 1. (a)

Name of Issuer:

Opendoor Technologies Inc. (the “Issuer”)

(b)

Address of Issuer’s Principal Executive Offices:

1 Post Street, Floor 11

San Francisco, California 94104

ITEM 2. (a)

Name of Person Filing:

Each of the following is hereinafter individually referred to as a “Reporting Person” and collectively as the “Reporting Persons.” This statement is filed on behalf of:

SVF Excalibur (Cayman) Limited (“SVF Excalibur”)

SVF Endurance (Cayman) Limited (“SVF Endurance”)

SoftBank Vision Fund (AIV M1) L.P. (“AIV M1”)

SB Investment Advisers (UK) Limited (“SBIA UK”)

(b)

Address or Principal Business Office:

The address for each of SVF Excalibur is c/o Walkers Corp Ltd., Cayman Corporate Centre, 27 Hospital Road George Town, Grand Cayman, KY1-9008, Cayman Islands. The address for AIV M1 is 251 Little Falls Drive, Wilmington, DE 19808. The address for SBIA UK is 69 Grosvenor Street, London W1K 3JP, United Kingdom.

(c)

Citizenship of each Reporting Person is:

Each of SVF Excalibur and SVF Endurance is organized under the laws of the Cayman Islands. AIV M1 is organized under the laws of Delaware. SBIA UK is organized under the laws of England and Wales.

(d)

Title of Class of Securities:

Common stock, par value $0.0001 per share (“Common Stock”).

(e)

CUSIP Number:

683712103

ITEM 3.

Not applicable.


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ITEM 4.

Ownership.

(a-c)

The ownership information presented below represents beneficial ownership of Common Stock of the Issuer as of December 18, 2020, based upon 544,422,565 shares of Common Stock outstanding.

Reporting Person

Amount

beneficially

owned

Percent

of class:

Sole
power
to vote
or to
direct
the vote:

Shared
power to
vote or to
direct the
vote:

SEC Form S filed