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Compass Launches Convertible Notes Offering for Merger Financing

Story Highlights
  • Compass cleared the HSR antitrust waiting period for its Anywhere merger on January 2, 2026, with shareholder approvals next.
  • Compass launched a proposed $750 million convertible notes offering on January 7, 2026 to fund merger-related debt repayment and optimize its capital structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Compass Launches Convertible Notes Offering for Merger Financing

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Compass ( (COMP) ) has shared an update.

Compass said the Hart-Scott-Rodino waiting period for its planned merger with Anywhere Real Estate expired on January 2, 2026, clearing a key U.S. antitrust hurdle as both companies move toward shareholder votes scheduled for January 7, 2026 and potential closing shortly thereafter, subject to remaining customary conditions. On January 7, 2026, Compass also announced a proposed private offering of $750 million in convertible senior notes due 2031, with an option for an additional $112.5 million, to be used for general corporate purposes including repayment of Anywhere’s debt and merger-related costs if the deal closes, as well as capped call transactions intended to limit dilution, enabling the company to replace previously arranged bridge financing and refine the capital structure underpinning the proposed acquisition.

The most recent analyst rating on (COMP) stock is a Buy with a $12.50 price target. To see the full list of analyst forecasts on Compass stock, see the COMP Stock Forecast page.

Spark’s Take on COMP Stock

According to Spark, TipRanks’ AI Analyst, COMP is a Neutral.

The score is driven by improving operating momentum and strong recent cash flow, supported by a bullish technical setup. Offsetting this are continued profitability challenges (negative margins/ROE) and weak valuation optics due to negative earnings, despite an upbeat earnings call with disciplined OpEx guidance.

To see Spark’s full report on COMP stock, click here.

More about Compass

Compass, Inc. is a New York City-based, tech-enabled real estate services company that operates the largest residential real estate brokerage in the United States by sales volume. Founded in 2012, it offers an end-to-end, cloud-based platform covering customer relationship management, marketing, client service, and brokerage functions designed to help its residential agents grow and manage their businesses more efficiently.

Average Trading Volume: 11,302,742

Technical Sentiment Signal: Buy

Current Market Cap: $6.1B

Find detailed analytics on COMP stock on TipRanks’ Stock Analysis page.

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