Every 8-K that Offerpad Solutions Inc (OPAD) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow OPAD and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full OPAD filings page.
Offerpad Solutions Inc. (OPAD) reports that its Board of Directors increased its size from six to seven members and appointed Benjamin Graboske as a Class III director effective September 3, 2026. His term runs until the 2027 Annual Meeting of Stockholders and until a successor is elected and qualified or an earlier departure event occurs.
Graboske was also appointed to the Board’s Nominating and Corporate Governance Committee. The company states there was no arrangement or understanding leading to his selection and no related person transactions with him. He will receive compensation under the existing Non-Employee Director Compensation Program and may defer cash retainers and restricted stock unit settlements under the Non-Employee Director Deferred Compensation Plan, and is expected to enter into the standard director and officer indemnification agreement.
Offerpad Solutions Inc. (OPAD) disclosed that its wholly owned subsidiary OP SPE SUMMIT, LLC entered into a First Amendment to its Second Amended and Restated Revolving Loan Agreement with WHGG II TRUST and ASCENT DEVELOPER SOLUTIONS LLC as Lender. The amendment increases the Loan’s principal uncommitted borrowing capacity from $100 million to $150 million.
The amended facility includes customary representations, warranties and covenants, including a financial covenant that limits OP SPE’s ability to incur additional indebtedness, and customary events of default that can lead to termination of the Loan and acceleration of outstanding borrowings. The amendment is filed as Exhibit 10.1.
Offerpad Solutions Inc. (OPAD) disclosed that its Board of Directors has approved moving the listing of its Class A common stock from the New York Stock Exchange to The Nasdaq Capital Market. Nasdaq has already approved the listing.
The company expects OPAD to trade on the NYSE through the close of trading on August 28, 2026 and to begin trading on Nasdaq on August 31, 2026, continuing under the symbol “OPAD.” No action is required from existing stockholders in connection with this transfer. Offerpad also issued a press release announcing the change and reiterating its positioning as a technology-driven real estate solutions company.
Offerpad Solutions reported Q2 2026 revenue of $78 million from 295 closed real estate transactions, with 206 homes sold. Revenue declined 52% year over year from about $160 million as total real estate transactions fell 48%. Net loss was $9.3 million, or $1.94 per share, modestly improved from a $10.9 million loss a year earlier, while Adjusted EBITDA was a loss of $6.2 million.
Profitability metrics strengthened. Gross margin improved to 9.2% from 6.9% in Q1 2026 and 8.9% a year ago, the highest since Q3 2023. Contribution profit after interest per real estate transaction rose to $13,500, from $5,500 in Q1 and $9,900 in Q2 2025, aided by higher-margin services, which reached 30% of transactions versus 20% in Q1. The company cites over $140 million in annualized expense reductions since 2022 and an average time to cash of 119 days in June.
As of June 30, 2026, cash and cash equivalents were $33.1 million and total assets $160.3 million. Offerpad aims to exit 2026 at a run-rate of about 1,000 home transactions per quarter and positive Adjusted EBITDA. For Q3 2026, it guides to $90–$100 million of revenue and 350–400 real estate transactions, with Adjusted EBITDA expected to improve sequentially.
Offerpad Solutions Inc. reported results of its 2026 annual stockholder meeting and implemented a reverse stock split of its Class A common stock. Stockholders approved a 1-for-10 reverse stock split, authorizing the Board to amend the certificate of incorporation. The Board subsequently approved and effected the split, and the common stock began trading on a split-adjusted basis on June 9, 2026 under the existing symbol OPAD and a new CUSIP.
Stockholders also elected two Class II directors, Donna Corley and Tela Mathias, each to serve until the 2029 annual meeting and until their successors are elected and qualified. They ratified Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026 and approved, on an advisory basis, the compensation of the company’s named executive officers.
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. 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. received a notice from the New York Stock Exchange that its Class A common stock is not in compliance with the NYSE’s $1.00 minimum average closing share price requirement over a consecutive 30 trading-day period. The notice does not trigger immediate delisting.
The company has up to six months from receipt of the notice to regain compliance, which can occur if, on the last trading day of any calendar month in that period, the closing share price is at least $1.00 and the 30 trading-day average closing price is also at least $1.00.
Offerpad notified the NYSE that it intends to cure the deficiency and is considering alternatives, including a reverse stock split subject to stockholder approval at its next annual meeting if needed. During the cure period, its Class A common stock will continue trading on the NYSE, subject to meeting all other listing standards.
Offerpad Solutions reported Q4 2025 revenue of $114.1M with 312 homes sold, reflecting a smaller but more targeted operation in a constrained housing market. Gross profit was $8.0M, while net loss improved to $8.8M compared with $17.3M a year earlier.
For full-year 2025, net loss narrowed to $46.4M from $62.2M, and real estate inventory fell to $93.8M as of December 31, 2025, down from $214.2M. Total assets declined to $154.8M and secured debt balances were significantly reduced, indicating lower balance sheet leverage.
Looking ahead, Offerpad targets exiting 2026 at roughly 1,000 quarterly transactions across Cash Offer, Cash Offer Marketplace, and Brokerage Services. For Q1 2026, it guides to $70M–$95M in revenue and 250–300 transactions, and expects Adjusted EBITDA to improve sequentially and turn positive before year-end.
Offerpad Solutions Inc. announced that Katie Curnutte resigned from its Board of Directors effective February 13, 2026. On February 12, 2026, the Board appointed Tela Mathias as a Class II director, effective as of the same date as Ms. Curnutte’s resignation, with a term expiring at the 2026 Annual Meeting of Stockholders, continuing until a successor is elected and qualified or earlier departure.
Ms. Mathias was also appointed to the Board’s Compensation Committee and Audit Committee. She was not selected under any arrangement or understanding, and there are no related person transactions between her and the company. She will receive compensation under Offerpad’s existing Amended and Restated Non-Employee Director Compensation Program and may defer cash retainers and restricted stock unit settlements under the Non-Employee Director Deferred Compensation Plan. She is expected to enter into the company’s standard indemnification agreement for directors and officers.
Offerpad Solutions Inc. is issuing 10,000,000 shares of its Class A common stock at $1.80 per share, raising gross proceeds of $18.0 million in a registered offering under an existing shelf registration statement. The deal is expected to close on January 13, 2026, subject to customary closing conditions.
The company agreed that for 60 days after closing it will not issue additional common stock or enter into variable rate transactions, subject to specified exceptions. A.G.P./Alliance Global Partners acted as exclusive placement agent and will receive a cash fee equal to 5.0% of the aggregate gross proceeds, plus reimbursement of out-of-pocket expenses, including legal fees up to $50,000.
Offerpad Solutions Inc. (OPAD) furnished an 8-K announcing it issued a press release with financial results for the three and nine months ended September 30, 2025.
The release is provided as Exhibit 99.1 under Item 2.02 and is designated as “furnished,” meaning it is not deemed filed for purposes of Section 18 of the Exchange Act. The filing lists the company’s Class A common stock on the New York Stock Exchange under the symbol OPAD.
Offerpad Solutions (OPAD) filed an 8-K announcing a new senior secured credit facility and preliminary Q3 2025 results. The company entered an 18-month, related‑party 2025 Facility totaling $15.0 million, with $7.5 million committed and $7.5 million uncommitted, accruing interest at a SOFR-based rate with a variable margin and an interest floor.
For the quarter ended September 30, 2025, Offerpad estimates revenue of $132.7 million, a net loss of $11.6 million, and Adjusted EBITDA of $(4.6) million. The company sold 367 homes and reported $31.0 million in cash and cash equivalents as of September 30, 2025. Shares outstanding were 36,486,108 as of October 17, 2025.
Offerpad Solutions Inc. entered into an Open Market Sale Agreement with Jefferies LLC to offer and sell up to $100,000,000 of its Class A common stock from time to time. The shares may be sold through at-the-market offerings or other permitted methods under the company’s existing shelf registration statement on Form S-3, using a newly filed prospectus supplement.
Jefferies will act as sales agent or principal and earn a commission of 3.0% of the gross sales price per share sold. Offerpad plans to use any net cash proceeds from these issuances for general corporate purposes, including working capital and capital expenditures.