Core Viewpoint - Opendoor has postponed the shareholder vote on the reverse stock split due to recent stock price volatility, which is critical for maintaining compliance with Nasdaq listing requirements [1] Group 1: Company Situation - Opendoor's stock price has surged from approximately $0.78 on July 11 to $2.54 at the close last week [1] - Nasdaq notified Opendoor in May that it might face delisting due to its stock price falling below $1 [1] - The company needs to maintain a stock price above $1 for at least 10 consecutive trading days by November 24 to regain compliance [1] Group 2: Meeting and Voting - A special meeting was initially scheduled for Monday to vote on the reverse stock split, which could help increase the stock price [1] - The board decided to delay the vote until the end of August due to the recent volatility in stock prices [1] - Nasdaq has not yet confirmed whether Opendoor meets the conditions for continued listing [1]