Offerpad (NYSE: OPAD) moves to pull Class A shares from NYSE
Rhea-AI Filing Summary
Offerpad Solutions Inc. (OPAD) has filed a Form 25 to notify the removal of its Class A common stock, $0.0001 par value per share, from listing and/or registration under Section 12(b) of the Securities Exchange Act of 1934 on the New York Stock Exchange. The company states it has reasonable grounds to believe it meets all requirements for filing this form. The notification is signed on behalf of Offerpad Solutions Inc. by Chief Financial Officer Peter Knag on August 28, 2026.
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Negative
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Filing Explained
The August 28 Form 25 starts the notification process for removing Offerpad’s Class A common stock from NYSE listing and Section 12(b) registration, but the document does not state that removal has taken effect; the immediate disclosed change is procedural, not a completed change in listing status.
Key Figures
Commission File Number: 001-39641
Par value per share: $0.0001 per share
Principal executive office ZIP code: 85281
+2 more
5 metrics
Commission File Number
001-39641
Commission File Number for Offerpad Solutions Inc. in the Form 25
Par value per share
$0.0001 per share
Par value of Offerpad Solutions Inc. Class A common stock
Principal executive office ZIP code
85281
ZIP code for Offerpad Solutions Inc.’s principal executive offices in Tempe, Arizona
Issuer telephone number
(844) 388-4539
Telephone number of Offerpad Solutions Inc.’s principal executive offices
Form 25 execution date
August 28, 2026
Date the Form 25 notification was signed by the Chief Financial Officer
Key Terms
Form 25, Section 12(b), removal from listing, Class A common stock, +1 more
5 terms
Form 25 regulatory
"FORM 25 NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION"
A Form 25 is an official filing with the U.S. Securities and Exchange Commission used to remove a company's stock or other security from a national exchange list. Investors should care because delisting often means less visibility, lower trading volume and wider price swings—similar to a product moving from a major supermarket to a small local market, which can make buying, selling and valuing the security more difficult.
Section 12(b) regulatory
"REGISTRATION UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934"
Section 12(b) of the U.S. Securities Exchange Act requires securities listed on a national stock exchange to be registered with the U.S. Securities and Exchange Commission (SEC) and to follow regular public reporting and disclosure rules. For investors, a 12(b) listing generally means more routine financial updates, regulatory oversight and easier buying and selling—like a storefront that must display its inventory and prices, making it simpler to inspect and trade the product.
removal from listing regulatory
"NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION"
Class A common stock financial
"Class A common stock, $0.0001 par value per share"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
par value financial
"Class A common stock, $0.0001 par value per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
FAQ
What does Offerpad Solutions Inc. (OPAD) report in this Form 25 filing?
Offerpad Solutions Inc. reports that it is filing Form 25 to notify the removal of its Class A common stock from listing and/or registration under Section 12(b) of the Securities Exchange Act of 1934 on the New York Stock Exchange.
Which security of OPAD is affected by the Form 25 notice?
The affected security is Offerpad Solutions Inc.’s Class A common stock, $0.0001 par value per share, which is listed on the New York Stock Exchange and is the subject of the Form 25 removal from listing and/or registration notice.
Which exchange listing is covered for OPAD in this Form 25?
The Form 25 relates to Offerpad Solutions Inc.’s Class A common stock being removed from listing and/or registration on the New York Stock Exchange under Section 12(b) of the Securities Exchange Act of 1934.
Who signed the OPAD Form 25 and in what capacity?
The Form 25 for Offerpad Solutions Inc. is signed by Peter Knag, who is identified as the company’s Chief Financial Officer, acting as a duly authorized person on behalf of the issuer.
When was the OPAD Form 25 notification executed?
The notification on Form 25 for Offerpad Solutions Inc. was executed on August 28, 2026, as indicated by the date shown next to the signature block for Chief Financial Officer Peter Knag.
AI-generated analysis. How Rhea-AI works. Not financial advice.
