Opendoor Technologies Inc.

NEW YORK, Nov. 18, 2025 /PRNewswire/ -- The following statement is being issued by Labaton Keller Sucharow LLP regarding notice of a proposed class action settlement.

UNITED STATES DISTRICT COURT

DISTRICT OF ARIZONA

To: all persons and entities who or which purchased or otherwise acquired Opendoor Technologies Inc. ("Opendoor") (NASDAQ: OPEN; CUSIP: 683712103) common stock (i) pursuant and/or traceable to the Offering Documents issued in connection with Opendoor's de-SPAC Merger on or about December 21, 2020 and/or its February 2021 Offering on or about February 4, 2021, and/or (ii) on the NASDAQ or any U.S.-based trading platform during the period from December 21, 2020 through November 3, 2022, both dates inclusive (the "Class Period"), and were damaged thereby (the "Settlement Class").

YOU ARE HEREBY NOTIFIED, pursuant to Rule 23 of the Federal Rules of Civil Procedure and an Order of the United States District Court for the District of Arizona, that Plaintiffs, on behalf of themselves and all members of the proposed Settlement Class, and Opendoor and the other defendants (collectively, "Defendants"), have reached a proposed settlement of the claims in the above-referenced class action (the "Action") in the amount of $39,000,000 (the "Settlement").

A hearing will be held before the Honorable Michael T. Liburdi, either in person or remotely in the Court's discretion, on January 6, 2026, at 9:00 a.m. at the United States District Court, District of Arizona, Sandra Day O'Connor U.S. Courthouse, 401 West Washington Street, Courtroom 504, Phoenix, AZ 85003 (the "Settlement Hearing") to determine whether the Court should: (i) approve the proposed Settlement as fair, reasonable, and adequate; (ii) dismiss the Action with prejudice as provided in the Stipulation and Agreement of Settlement, dated June 13, 2025; (iii) approve the proposed Plan of Allocation for distribution of the proceeds of the Settlement (the "Net Settlement Fund") to Settlement Class Members; and (iv) approve Lead Counsel's Fee and Expense Application. The Court may change the date of the Settlement Hearing, or hold it remotely, without providing another notice. You do NOT need to attend the Settlement Hearing in order to receive a distribution from the Net Settlement Fund.

IF YOU ARE A MEMBER OF THE SETTLEMENT CLASS, YOUR RIGHTS WILL BE AFFECTED BY THE PROPOSED SETTLEMENT AND YOU MAY BE ENTITLED TO A MONETARY PAYMENT. If you have not yet received a Postcard Notice, you may obtain copies of the Postcard Notice, long-form Notice, and Claim Form by visiting www.OpendoorSecuritiesSettlement.com or by contacting the Claims Administrator at:

Opendoor Securities Settlement

c/o Verita Global, LLC

Claims Administrator

P.O. Box 301171

Los Angeles, CA 90030-1171

info@OpendoorSecuritiesSettlement.com

1-888-999-6212

Inquiries, other than requests for copies of notices or about the status of a claim, may also be made to Lead Counsel:

LABATON KELLER SUCHAROW LLP

Michael P. Canty Esq.

140 Broadway

New York, NY 10005

www.labaton.com

settlementquestions@labaton.com

1-888-219-6877

If you are a Settlement Class Member, to be eligible to share in the distribution of the Net Settlement Fund, you must submit a Claim Form postmarked or submitted online no later than December 27, 2025. If you are a Settlement Class Member and do not timely submit a valid Claim Form, you will not be eligible to share in the distribution of the Net Settlement Fund, but you will nevertheless be bound by all judgments or orders entered by the Court relating to the Settlement, whether favorable or unfavorable.

If you are a Settlement Class Member and wish to exclude yourself from the Settlement Class, you must submit a written request for exclusion in accordance with the instructions set forth in the Notice, available at www.OpendoorSecuritiesSettlement.com and www.labaton.com, and such request must be received no later than December 16, 2025. If you properly exclude yourself from the Settlement Class, you will not be bound by any judgments or orders entered by the Court relating to the Settlement, whether favorable or unfavorable, and you will not be eligible to share in the distribution of the Net Settlement Fund.

Any objections to the proposed Settlement, Lead Counsel's Fee and Expense Application, and/or the proposed Plan of Allocation must be filed with the Court, either by mail or in person, and be mailed to counsel for the Parties in accordance with the instructions in the Notice, available at www.OpendoorSecuritiesSettlement.com and www.labaton.com, such that they are received no later than December 16, 2025. 

PLEASE DO NOT CONTACT THE COURT, DEFENDANTS, OR DEFENDANTS'

COUNSEL REGARDING THIS NOTICE

View original content:https://www.prnewswire.com/news-releases/labaton-keller-sucharow-llp-announces-a-proposed-class-action-settlement-involving-purchasers-of-the-publicly-traded-common-stock-of-opendoor-technologies-inc-302614764.html

SOURCE Labaton Keller Sucharow LLP

Nine funds are single-stock leveraged ETFs seeking 200% long exposure

NEW YORK, Oct. 21, 2025 /PRNewswire/ -- Tradr ETFs, a provider of ETFs designed for sophisticated investors and professional traders, announced that it expects to launch nine new single stock leveraged ETFs on Thursday, October 23. The funds will be listed on Cboe, and each ETF aims to deliver twice (200%) the daily performance of its specific underlying stock.

Expected Tradr launches:

• Tradr 2X Long BLSH Daily ETF (Cboe: BLSX) – tracks Bullish Limited (NYSE: BLSH)
• Tradr 2X Long DASH Daily ETF (Cboe: DASX) – tracks DoorDash, Inc. (Nasdaq: DASH)
• Tradr 2X Long FLY Daily ETF (Cboe: FLYT) – tracks Firefly Aerospace, Inc. (Nasdaq: FLY)
• Tradr 2X Long IREN Daily ETF (Cboe: IREX) – tracks IREN Limited (Nasdaq: IREN)
• Tradr 2X Long NEM Daily ETF (Cboe: NWMX) – tracks Newmont Corporation (NYSE: NEM)
• Tradr 2X Long OPEN Daily ETF (Cboe: OPEX) – tracks Opendoor Technologies Inc. (Nasdaq: OPEN)
• Tradr 2X Long QS Daily ETF (Cboe: QSX) – tracks QuantumScape Corporation (NYSE: QS)
• Tradr 2X Long SRPT Daily ETF (Cboe: SRPU) – tracks Sarepta Therapeutics, Inc. (Nasdaq: SRPT)
• Tradr 2X Long WULF Daily ETF (Cboe: WULX) – tracks TeraWulf, Inc. (Nasdaq: WULF)

For detailed information on Tradr ETFs and the significant risks involved with leveraged ETFs, please visit www.tradretfs.com.

The Prospectus for these funds is not yet effective or complete and may be changed. Tradr may not sell these securities until the registration statement filed with the Securities and Exchange Commission is effective. The Prospectus is not an offer to sell these securities, and it is not soliciting an offer to buy these securities in any state where the offer of sale is not permitted.

About Tradr ETFs

Tradr ETFs are designed for sophisticated investors and professional traders who are looking to express high conviction investment views. The strategies include leveraged and inverse ETFs that seek short or long exposure to actively traded stocks and ETFs.

IMPORTANT RISK INFORMATION

Tradr ETFs are for sophisticated investors and professional traders with high conviction views and are very different from most other ETFs. The Funds are intended to be used as short-term trading vehicles and pursue leveraged investment objectives, which means they are riskier than alternatives that do not use leverage because the Funds magnify the performance of their underlying security. The volatility of the underlying security may affect a Fund's return as much as, or more than, the return of the underlying security.

Investors in the fund should: (a) understand the risks associated with the use of leverage; (b) understand the consequences of seeking inverse and leveraged investment results; (c) for short ETFs, understand the risk of shorting; (d) intend to actively monitor and manage their investment. Fund performance will likely be significantly different than the benchmark over periods longer than the specified reset period and the performance may trend in the opposite direction than its benchmark over periods other than that period.

Leverage increases the risk of a total loss of an investor's investment, may increase the volatility of the Funds, and may magnify any differences between the performance of the Funds and their reference security. The Funds seek leveraged investment results for a specific period (daily, monthly or quarterly). The exact exposure of an investment in the Fund intra-period will depend upon the movement of the reference security from the end of the prior period until the time of investment by the investor.

The Fund will not attempt to position its portfolio to ensure it does not gain or lose more than a maximum percentage of its net asset value on a given trading day. As a consequence, investors in a Fund that seeks two times daily performance would lose all of their money if the Fund's underlying security moves more than 50% in a direction adverse to the Fund on a given trading day.

ETFs involve risk including possible loss of the full principal value. There is no assurance that the Fund will achieve its investment objective. Principal risks and other important risks may be found in the prospectus. Past performance does not guarantee future results.

ETF shares are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. There can be no guarantee that an active trading market for ETF shares will develop or be maintained, or that their listing will continue or remain unchanged. Buying or selling ETF shares on an exchange may require the payment of brokerage commissions and frequent trading may incur brokerage costs that detract significantly from investment returns.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Funds. This and other important information about the Fund is contained in the Prospectus, which can be obtained by visiting www.tradretfs.com . The Prospectus should be read carefully before investing.

Distributed by ALPS Distributors, Inc, which is not affiliated with AXS Investments or its Tradr ETFs. AXI000769

View original content to download multimedia:https://www.prnewswire.com/news-releases/tradr-to-launch-leveraged-etfs-on-blsh-dash-fly-iren-nem-open-qs-srpt--wulf-302589681.html

SOURCE Tradr ETFs