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. 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.
Offerpad Solutions Inc. is soliciting proxies for its virtual 2026 Annual Meeting to be held June 3, 2026. The Board asks holders of Class A common stock as of the April 9, 2026 record date (47,286,797 shares outstanding) to vote on four proposals, including election of two Class II directors and ratification of Deloitte & Touche LLP as auditor. The Board also seeks shareholder approval of a reverse stock split in a ratio selectable by the Board between 1-for-5 and 1-for-50 to address non-compliance with the NYSE $1.00 average price continued-listing requirement and to preserve NYSE listing.
Offerpad Solutions Inc. director Ryan O’Hara reported an equity award of 32,196 shares of Class A common stock. The shares were acquired through a grant classified as fully vested restricted stock units with a price of $0.00 per share.
The units will be settled in shares of Class A common stock within 45 days after the earliest of the director’s separation from service, a change in control of Offerpad, the director’s death, or disability. Following this grant, O’Hara’s direct holdings reported in this filing total 220,153 shares of Class A common stock.
Offerpad Solutions Inc. director Kenneth D. Degiorgio received an equity award of 35,984 shares of Class A common stock-equivalent. The award is reported at a price of $0.00 per share, reflecting a grant or other acquisition rather than an open-market purchase.
Following this award, Degiorgio holds 300,011 shares of Class A common stock on a direct basis. According to the disclosure, the grant consists of fully-vested restricted stock units that will be settled in Class A common shares within 45 days after the earliest of several events, including separation from service or a change in control.
Offerpad Solutions Inc. is registering 1,428,571 shares of Class A common stock for resale. These Resale Shares are issuable upon exercise of outstanding warrants and are being registered pursuant to registration rights under the Purchase Agreement dated July 24, 2025. The company states it will not receive any proceeds from sales by the selling stockholders. The prospectus lists two primary selling holders as examples, including Anson Investments Master Fund LP 1,114,285 and Anson East Master Fund LP 314,286. As context, shares outstanding were 47,286,797 as of February 18, 2026, and the reported NYSE closing price was $0.77 on March 10, 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.