Offerpad to sell up to $69,738,969 in stock

Rhea-AI Filing Summary

FAQ

Filing Exhibits & Attachments

8-K Event Classification

Key Figures

Key Terms

What stock offering did Offerpad (OPAD) disclose on April 30, 2026?

How will Offerpad (OPAD) sell shares under the Open Market Sales Agreement?

What is the aggregate offering price authorized for Offerpad (OPAD) shares?

What type of stock is Offerpad (OPAD) permitted to sell under this filing?

Which legal documents support Offerpad’s (OPAD) new stock sale program?

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.

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

8-K

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.

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Aggregate offering price: $69,738,969 Par value per share: $0.0001 per share Sales Agreement date: August 28, 2025

3 metrics

Aggregate offering price $69,738,969 Maximum total for Class A common stock sales under Sales Agreement

Par value per share $0.0001 per share Class A common stock

Sales Agreement date August 28, 2025 Date of Open Market Sales Agreement with Jefferies LLC

Open Market Sales Agreement, prospectus supplement, Class A common stock, Interactive Data file

4 terms

Open Market Sales Agreement financial

"filed a prospectus supplement relating to its Open Market Sales Agreement (the “Sales Agreement”), dated August 28, 2025"

An open market sales agreement is a contract that lets a shareholder or issuer authorize a broker to sell shares into the public market over time instead of all at once. Think of it like hiring someone to quietly sell items from your garage a little at a time; it provides a controlled way to turn holdings into cash but can increase the number of shares available and put downward pressure on the stock price, so investors watch these agreements for potential impacts on supply and valuation.

prospectus supplement regulatory

"On April 30, 2026, Offerpad Solutions Inc. filed a prospectus supplement relating to its Open Market Sales Agreement"

A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.

Class A common stock financial

"shares of the Company’s Class A common stock, par value $0.0001 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.

Interactive Data file technical

"104 | | Cover page Interactive Data file (embedded within the Inline XBRL document)"

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Offerpad disclosed a prospectus supplement enabling it to sell Class A common stock with an aggregate offering price of up to $69,738,969. These shares may be offered and sold from time to time through or to Jefferies LLC under an existing Open Market Sales Agreement.

Offerpad may offer and sell shares of its Class A common stock from time to time through or to Jefferies LLC. These sales occur under an Open Market Sales Agreement dated August 28, 2025, and are covered by a newly filed prospectus supplement.

The prospectus supplement permits Offerpad to sell Class A common stock with an aggregate offering price of up to $69,738,969. This limit applies to shares sold from time to time through or to Jefferies LLC under the Open Market Sales Agreement.

Offerpad is permitted to sell its Class A common stock with a par value of $0.0001 per share. These shares are listed on the New York Stock Exchange under the symbol OPAD and may be sold pursuant to the Open Market Sales Agreement with Jefferies LLC.

The filing includes an opinion from Latham & Watkins LLP on the validity of issuing and selling the Class A common stock. A related consent from Latham & Watkins LLP is included within that opinion, alongside a cover page Interactive Data file as additional exhibit material.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Understanding 8-K Material Events →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Accepted by SEC EDGAR 04/30/2026 - 04:55 PM EDT

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 30, 2026

Offerpad Solutions Inc.

(Exact name of Registrant as Specified in Its Charter)

Delaware

001-39641

85-2800538

(State or Other Jurisdiction

of Incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)


433 S. Farmer Avenue Suite 500
Tempe, Arizona		85281
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s Telephone Number, Including Area Code: (844) 388-4539

N/A

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading

Symbol(s)

Name of each exchange

on which registered

Class A common stock, $0.0001 par value per share

OPAD

The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events.

On April 30, 2026, Offerpad Solutions Inc. (the “Company”) filed a prospectus supplement relating to its Open Market Sales Agreement (the “Sales Agreement”), dated August 28, 2025, by and between the Company and Jefferies LLC (“Jefferies”). Pursuant to the Sales Agreement, the Company may offer and sell, from time to time, through or to Jefferies, shares of the Company’s Class A common stock, par value $0.0001 per share (the “Class A common stock”), having an aggregate offering price of up to $69,738,969.

A copy of the legal opinion of Latham & Watkins LLP relating to the validity of the issuance and sale of the Class A common stock pursuant to the Sales Agreement is filed as Exhibit 5.1 to this Current Report on Form 8-K and is filed with reference to, and is hereby incorporated by reference into, the registration statement.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits


Exhibit No.		Description

5.1		Opinion of Latham & Watkins LLP.

23.1		Consent of Latham & Watkins LLP (included in Exhibit 5.1).

104		Cover page Interactive Data file (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Source: View Original Filing on SEC EDGAR

Offerpad Solutions Inc.

Date: April 30, 2026

/s/ Adam Martinez

Adam Martinez

Chief Legal Officer

4 documents