Welcome to our dedicated page for Offerpad Solutions SEC filings (Ticker: OPAD), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Offerpad Solutions Inc. filings document the public-company disclosures of a tech-enabled residential real estate solutions company with Class A common stock listed on the New York Stock Exchange under OPAD. Its reports cover operating and financial results, material events, capital-structure matters and equity-related disclosures, including documents tied to open market sales of Class A common stock.
The company’s proxy and governance filings describe shareholder voting matters, board composition, committee assignments, director compensation and annual meeting procedures. Offerpad’s regulatory record also includes disclosures related to material agreements, risk factors and the operating model behind its Cash Offer, marketplace, brokerage and renovation solutions.
Offerpad Solutions Inc. Chief Executive Officer Brian Bair reported an insider purchase of Class A Common Stock. On June 2, 2026, a trust associated with him, The BBAB Living Trust, completed an open-market purchase of 125,000 shares at a weighted average price of $0.8208 per share, with individual trades ranging from $0.81 to $0.83.
Following this transaction, The BBAB Living Trust held 184,534 shares indirectly. A separate vehicle, The BBAB 2021 Irrevocable Trust, held 197,298 shares indirectly, and Bair also reported 1,854,404 shares held directly. This filing shows both the new purchase and his updated overall ownership position.
Offerpad Solutions Inc. is implementing a 1-for-10 reverse stock split of its Class A common stock. The split is expected to take effect at 5:00 p.m. Eastern Time on June 8, 2026, with shares trading on a split-adjusted basis on June 9, 2026 under the existing symbol OPAD and a new CUSIP number 67623L 505.
Every ten shares of common stock will automatically convert into one share, with cash paid in lieu of fractional shares based on the NYSE closing price on the effective date. The company states the reverse split is intended, among other things, to help satisfy the NYSE’s minimum price requirements for continued listing, and it will trigger proportionate adjustments to equity awards, equity plans, and public and private warrants.
Offerpad Solutions Inc. is establishing the ability to sell shares of its Class A common stock under an existing Open Market Sales Agreement with Jefferies LLC. The company filed a prospectus supplement allowing sales of Class A common stock with an aggregate offering price of up to $69,738,969 from time to time through or to Jefferies.
Offerpad also filed a legal opinion from Latham & Watkins LLP covering the validity of the issuance and sale of these shares, along with related consent and cover-page interactive data as exhibits.
Offerpad Solutions Inc. is registering an at-the-market offering of up to $69,738,969 aggregate offering price of Class A common stock under an existing sales agreement with Jefferies LLC. The Sales Agreement previously authorized up to $100,000,000 in aggregate; $30,261,031 has been sold under the prior prospectus, leaving $69,738,969 available for sale under this prospectus supplement.
The company may sell shares from time to time through Jefferies as agent or principal at prevailing market prices, with Jefferies entitled to a 3.0% commission on gross proceeds. Net proceeds are for general corporate purposes, including working capital and capital expenditures. Shares outstanding were 47,286,797 as of March 31, 2026.
Offerpad Solutions Inc. reports a smaller loss on sharply lower sales for Q1 2026. Revenue was $80.1 million, down from $160.7 million a year earlier as difficult U.S. housing conditions and a focus on selling older inventory reduced transaction volume.
Net loss improved to $10.1 million from $15.1 million, helped by lower operating expenses and interest costs. Cash and cash equivalents rose to $40.8 million from $26.5 million at year-end 2025, supported by an $18.0 million January 2026 equity offering of 10 million Class A shares at $1.80 per share. Real estate inventory declined to $74.7 million from $93.8 million, while total debt fell to $80.4 million from $92.7 million.
The company continues to face macro headwinds, including housing affordability pressures and mortgage rate volatility, and is addressing New York Stock Exchange listing deficiencies related to market capitalization and share price, with a potential reverse stock split to be voted on at the 2026 annual meeting.
Offerpad Solutions Inc. reported Q1 2026 revenue of $80.1 million, down from $160.7 million a year earlier, as total real estate transactions fell to 263 from 519. Homes acquired dropped to 159 and homes sold to 211, reflecting a smaller but more focused operation.
Despite lower volume, profitability metrics improved. Net loss narrowed to $10.1 million from $15.1 million, and Adjusted EBITDA loss improved to $6.7 million from $7.8 million. Gross profit per home sold rose to $26,300 from $22,800, and contribution profit after interest per home sold increased to $6,800 from $500.
Cash and cash equivalents grew to $40.8 million from $26.5 million as of December 31, 2025, while total debt declined. For Q2 2026, Offerpad guides to $80–$90 million of revenue, 300–350 real estate transactions, and expects Adjusted EBITDA to improve sequentially, targeting Adjusted EBITDA positive before the end of 2026.
Offerpad Solutions Inc. filed Pre-Effective Amendment No. 1 to its registration statement (File No. 333-293709) on Form S-3/A. The amendment is an exhibits-only filing that furnishes an updated consent of Deloitte & Touche LLP as Exhibit 23.2; the prospectus, prospectus supplement and the balance of Part II remain unchanged.
Offerpad Solutions Inc. is asking stockholders to vote at its virtual 2026 Annual Meeting on June 3, 2026. Holders of 47,286,797 Class A shares as of April 9, 2026 can vote on electing two Class II directors, ratifying Deloitte & Touche LLP, and an advisory “say‑on‑pay” resolution.
The most consequential item is approval of amendments to enable a reverse stock split of Class A common stock at a ratio between 1‑for‑5 and 1‑for‑50. The board notes Offerpad received an NYSE notice on March 3, 2026 for failing the $1.00 minimum average share price and views a split as a potential way to regain compliance and avoid delisting.