{"filings":[{"id":95870,"accession_number":"0001193125-26-197718","cik":1825024,"company_name":"Offerpad Solutions Inc.","ticker":"OPAD","form_type":"8-K","filed_at":"2026-04-30T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Offerpad files shelf takedown for up to $69.7M ATM equity offering via Jefferies","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Filed prospectus supplement for at-the-market offering of up to $69,738,969 in Class A common stock.","Sales agreement dated August 28, 2025 with Jefferies LLC will be used for the offering.","Legal opinion from Latham & Watkins LLP regarding share validity filed as Exhibit 5.1.","Offerings are subject to market conditions and may be sold from time to time."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":35914249.23428572,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":95869,"accession_number":"0001193125-26-197276","cik":1825024,"company_name":"Offerpad Solutions Inc.","ticker":"OPAD","form_type":"8-K","filed_at":"2026-04-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Offerpad Q1 revenue $80.1M, down 50% YoY; net loss narrows to $10.1M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $80.1M (-50% YoY); total transactions 263 (-49% YoY).","Net loss $10.1M (improved from $15.1M loss); diluted EPS -$0.22 vs -$0.55.","Adjusted EBITDA -$6.7M (improved from -$7.8M); gross profit per home sold $26,300 (+15%).","Q2 2026 outlook: revenue $80M-$90M, transactions 300-350, Adj. EBITDA to improve sequentially.","Referral volume in Brokerage Services Q1 exceeded full-year 2025; target to exit 2026 at ~1,000 quarterly transactions."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.22,"consensus_revenue_estimate":null,"consensus_revenue_actual":80075000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":35914249.23428572,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":109261,"accession_number":"0001193125-26-096469","cik":1825024,"company_name":"Offerpad Solutions Inc.","ticker":"OPAD","form_type":"8-K","filed_at":"2026-03-06T23:59:59+00:00","items":["3.01","7.01","9.01"],"status":"ready","headline":"Offerpad receives NYSE non-compliance notice for average stock price below $1.00","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["NYSE notified Offerpad on March 3, 2026; avg closing price <$1.00 over 30 consecutive trading days.","Company has six months to cure; can regain compliance if monthly closing price >=$1.00 and 30-day avg >=$1.00.","Offerpad notified NYSE on March 5, 2026 of intent to cure; considering reverse stock split subject to shareholder approval.","Class A common stock (OPAD) continues trading on NYSE during cure period, conditional on other listing standards.","If cure requires shareholder vote, price condition deemed cured if stock exceeds $1.00 and stays above for 30 trading days."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":35914249.23428572,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":109260,"accession_number":"0001193125-26-064003","cik":1825024,"company_name":"Offerpad Solutions Inc.","ticker":"OPAD","form_type":"8-K","filed_at":"2026-02-23T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Offerpad Q4 2025 revenue $114.1M, net loss narrows to $8.8M; guides Q1 2026 $70-95M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 2025 revenue $114.1M, down 35% YoY; net loss $8.8M ($0.24 EPS) vs loss $17.3M ($0.63) in Q4 2024.","Adjusted EBITDA loss of $6.9M improved from $11.5M loss a year ago; gross profit per home sold up 22% to $25,700.","Full-year 2025 Renovate revenue $27M, up ~50% YoY; four-solution platform expansion.","Q1 2026 outlook: revenue $70M-$95M, 250-300 transactions; targeting EBITDA positive before year-end.","Cash and equivalents $26.5M at Dec 31, 2025, down from $43M a year ago."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.5,"consensus_revenue_estimate":null,"consensus_revenue_actual":567812000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":35914249.23428572,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":109259,"accession_number":"0001193125-26-051334","cik":1825024,"company_name":"Offerpad Solutions Inc.","ticker":"OPAD","form_type":"8-K","filed_at":"2026-02-13T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Offerpad appoints Tela Mathias to board, replacing Katie Curnutte","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Katie Curnutte resigned from Offerpad board effective Feb 13, 2026.","Board appointed Tela Mathias as Class II director effective same date.","Mathias will serve on Compensation and Audit Committees.","Mathias to receive standard non-employee director compensation; no related-party transactions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":35914249.23428572,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":109258,"accession_number":"0001193125-26-011046","cik":1825024,"company_name":"Offerpad Solutions Inc.","ticker":"OPAD","form_type":"8-K","filed_at":"2026-01-13T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Offerpad raises $18M via 10M-share equity offering at $1.80/share","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Issued 10,000,000 shares of Class A common stock at $1.80 per share for gross proceeds of $18.0 million.","Offering expected to close January 13, 2026, subject to customary conditions.","A.G.P./Alliance Global Partners acted as exclusive placement agent with a 5% cash fee of gross proceeds.","Company agreed to a 60-day lock-up on future share issuances and variable rate transactions post-closing.","Shares offered under effective shelf registration statement on Form S-3."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":35914249.23428572,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":125754,"accession_number":"0001193125-25-262580","cik":1825024,"company_name":"Offerpad Solutions Inc.","ticker":"OPAD","form_type":"8-K","filed_at":"2025-11-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Offerpad Q3 revenue $132.7M, net loss $11.6M; liquidity over $75M, Q4 guide $100-125M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $132.7M on 367 homes sold, down 36% YoY; gross margin 7.0%.","Net loss $11.6M ($0.37 diluted EPS); Adjusted EBITDA loss $4.6M (improved 26% YoY).","Total liquidity exceeds $75M; unrestricted cash $31.0M, up 37% sequentially.","Renovate revenue hit record $8.5M; operating expenses improved 38% YoY.","Q4 outlook: revenue $100-125M, 300-350 homes sold, Adj. EBITDA similar to Q3."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.3,"consensus_revenue_estimate":null,"consensus_revenue_actual":453694000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":35914249.23428572,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":125753,"accession_number":"0001193125-25-243790","cik":1825024,"company_name":"Offerpad Solutions Inc.","ticker":"OPAD","form_type":"8-K","filed_at":"2025-10-20T23:59:59+00:00","items":["2.02","8.01"],"status":"ready","headline":"Offerpad Q3 prelim: revenue $132.7M, net loss $11.6M; enters $15M related-party facility","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Preliminary Q3 revenue $132.7M, net loss $11.6M, Adjusted EBITDA -$4.6M; sold 367 homes.","Entered 18-month $15M senior secured facility with a related party; $7.5M committed, $7.5M uncommitted.","Cash and equivalents $31M at Sep 30; 36.5M Class A shares outstanding as of Oct 17.","Facility borrowings accrue interest at SOFR plus variable margin, with floor rate."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":35914249.23428572,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":142481,"accession_number":"0001193125-25-191263","cik":1825024,"company_name":"Offerpad Solutions Inc.","ticker":"OPAD","form_type":"8-K","filed_at":"2025-08-28T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Offerpad enters ATM offering agreement for up to $100M in common stock","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Opens at-the-market equity facility with Jefferies LLC for up to $100M of Class A common stock.","Jefferies will receive 3% commission on gross sales price per share sold.","Proceeds to be used for general corporate purposes including working capital and capex.","Shares offered under existing shelf registration statement (S-3) effective April 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":35914249.23428572,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":142480,"accession_number":"0001193125-25-172625","cik":1825024,"company_name":"Offerpad Solutions Inc.","ticker":"OPAD","form_type":"8-K","filed_at":"2025-08-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Offerpad Q2 revenue $160.3M, net loss $10.9M; raises $21M in July, liquidity >$75M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue of $160.3M, homes sold 452; net loss of $10.9M ($0.39 diluted loss per share).","Adjusted EBITDA loss of $4.8M, improving 39% sequentially from Q1 2025.","Raised $21M in July 2025, primarily non-dilutive; total liquidity now exceeds $75M.","HomePro now live in all markets; Renovate revenue hit record $6.4M in Q2.","Q3 2025 outlook: revenue $140M-$160M, homes sold 400-440; expects sequential EBITDA improvement."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.94,"consensus_revenue_estimate":null,"consensus_revenue_actual":321013000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":35914249.23428572,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":142479,"accession_number":"0001193125-25-165608","cik":1825024,"company_name":"Offerpad Solutions Inc.","ticker":"OPAD","form_type":"8-K","filed_at":"2025-07-28T23:59:59+00:00","items":["1.01","3.02","9.01"],"status":"ready","headline":"Offerpad raises $6M in registered direct offering with warrants","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Issued 2,857,143 shares of Class A common stock and warrants for 1,428,571 shares at $2.10 per unit.","Warrants exercisable at $2.30/share starting Jan 26, 2026, expiring Jan 26, 2030, with 4.99% ownership cap.","Gross proceeds of $6.0 million before placement agent fees (7%) and expenses.","Placement agent A.G.P./Alliance Global Partners receives 7% cash fee and tail financing rights for 9 months.","Company agreed not to issue additional equity for 90 days and to register warrant shares within 30 days."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":35914249.23428572,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":142478,"accession_number":"0001193125-25-163477","cik":1825024,"company_name":"Offerpad Solutions Inc.","ticker":"OPAD","form_type":"8-K","filed_at":"2025-07-23T23:59:59+00:00","items":["2.02","8.01"],"status":"ready","headline":"Offerpad reports preliminary Q2 revenue $160.3M, net loss $10.9M; $15M debt facility","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue of $160.3M, net loss of $(10.9)M, Adjusted EBITDA loss of $(4.8)M for Q2 2025.","Sold 452 homes in Q2; cash and equivalents of $22.7M as of June 30, 2025.","Non-binding term sheet for $15M revolving debt facility at 8.50% interest, 3-year term, subject to final docs."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.94,"consensus_revenue_estimate":null,"consensus_revenue_actual":321013000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":35914249.23428572,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":142477,"accession_number":"0001193125-25-156274","cik":1825024,"company_name":"Offerpad Solutions Inc.","ticker":"OPAD","form_type":"8-K","filed_at":"2025-07-07T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Offerpad subsidiary reduces senior credit facility from $375M to $175M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["OP SPE Borrower Parent and two units agreed to cut Citibank facility from $375M to $175M.","The reduction applies to the uncommitted amount under the Third Amended Master Loan and Security Agreement.","Effective June 30, 2025; the lender is Citibank, N.A. and the borrowers are indirect wholly owned subsidiaries of Offerpad."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":35914249.23428572,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":160520,"accession_number":"0001193125-25-139234","cik":1825024,"company_name":"Offerpad Solutions Inc.","ticker":"OPAD","form_type":"8-K","filed_at":"2025-06-11T23:59:59+00:00","items":["1.01","5.07","9.01"],"status":"ready","headline":"Offerpad amends Citibank facility: committed cut to $25M, uncommitted raised to $375M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Committed senior facility reduced from $150M to $25M; uncommitted facility increased from $250M to $375M.","Amendment entered June 10, 2025, among subsidiaries and Citibank N.A.","Annual meeting results: three Class I directors elected, Deloitte ratified, advisory say-on-pay approved."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":35914249.23428572,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":160519,"accession_number":"0001193125-25-117812","cik":1825024,"company_name":"Offerpad Solutions Inc.","ticker":"OPAD","form_type":"8-K","filed_at":"2025-05-12T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Offerpad reduces credit capacity; extends loan maturities to Aug 2025","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Revolving Senior Loan reduced to $50M available ($25.54M committed); maturity Aug 31, 2025.","Revolving Mezz Loan cut to $22M ($6.81M committed); Runoff Date Feb 28, 2026.","Availability Period ended March 31, 2025; no further new draws allowed.","Mezzanine facility borrowing capacity cut from $70M to $35M ($13.125M committed).","Agreements with LL Funds, affiliates of director Roberto Sella (holds >5% stock)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":35914249.23428572,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":160518,"accession_number":"0001193125-25-112790","cik":1825024,"company_name":"Offerpad Solutions Inc.","ticker":"OPAD","form_type":"8-K","filed_at":"2025-05-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Offerpad Q1 revenue $160.7M, net loss -$15.1M; Renovate revenue record $5.3M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $160.7M, down 44% YoY and 8% QoQ; homes sold 460 (-46% YoY).","Net loss $15.1M improves 13% QoQ; adjusted EBITDA -$7.8M improves 32% QoQ.","Renovate segment revenue $5.3M record, up 29% sequentially; Agent Partnership Program acquisitions 42% of total.","Gross profit per home sold $22.8k, up 8% QoQ but down 14% YoY; inventory 671 homes, 13% aged over 180 days.","Q2 guidance: homes sold 500-550, revenue $160M-$190M, adjusted EBITDA sequential improvement."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.55,"consensus_revenue_estimate":null,"consensus_revenue_actual":160698000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":35914249.23428572,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":160517,"accession_number":"0001193125-25-091364","cik":1825024,"company_name":"Offerpad Solutions Inc.","ticker":"OPAD","form_type":"8-K","filed_at":"2025-04-23T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Offerpad appoints new director, SVP Finance resigns; board rebalanced","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Donna Corley appointed Class II director, chairing Audit Committee; replaces Sheryl Palmer after 2025 Annual Meeting.","Brian Bair moved from Class I to Class III via resignation/re-election to rebalance board to two directors per class.","James Grout, SVP Finance, resigns effective April 30, 2025 to pursue other opportunities.","Sheryl Palmer's resignation from Board effective upon conclusion of 2025 Annual Meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":35914249.23428572,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":160516,"accession_number":"0001193125-25-082793","cik":1825024,"company_name":"Offerpad Solutions Inc.","ticker":"OPAD","form_type":"8-K","filed_at":"2025-04-16T23:59:59+00:00","items":["3.01"],"status":"ready","headline":"Offerpad receives NYSE delisting notice for market cap and equity below $50M","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["NYSE notified Offerpad on April 10, 2025 of non-compliance: avg market cap and last reported equity each <$50M.","Company will submit a business plan within 45 days to cure deficiency within 18 months.","NYSE will review plan within 45 days; if accepted, stock continues trading during cure period.","If plan not accepted or not timely submitted, NYSE may initiate delisting proceedings."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":35914249.23428572,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":178763,"accession_number":"0001193125-25-042474","cik":1825024,"company_name":"Offerpad Solutions Inc.","ticker":"OPAD","form_type":"8-K","filed_at":"2025-02-28T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Offerpad approves employment agreement with SVP Finance James Grout; base salary $325K","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Employment agreement effective March 1, 2025, for James Grout as SVP Finance.","Base salary of $325,000 per year; annual bonus target of 50% of base salary.","Severance: 12 months base salary upon termination without cause or non-renewal; includes COBRA coverage.","On a change-in-control termination, severance increases to base salary plus target bonus, with equity acceleration.","Non-compete and non-solicitation restrictions for 18 months post-employment."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":35914249.23428572,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":178762,"accession_number":"0001193125-25-033395","cik":1825024,"company_name":"Offerpad Solutions Inc.","ticker":"OPAD","form_type":"8-K","filed_at":"2025-02-24T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Offerpad reports Q4 2024 revenue $174.3M, net loss $17.3M; FY2024 net loss improves 47% to $62.2M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 2024: homes sold 503 (-29% YoY), revenue $174.3M (-28%), net loss $17.3M.","FY2024 net loss $62.2M improved 47% from $117.2M; adjusted EBITDA improved 65% to -$29.2M.","Gross profit per home sold FY2024 $26.7k (up 40% YoY); contribution profit after interest $11.5k.","Operating expenses fell 32% to $118.2M; Renovate revenue >$18M in 2024, up 49% YoY.","Q1 2025 outlook: homes sold 450-500, revenue $150M-$170M, adjusted EBITDA 'slightly better'."],"consensus_eps_estimate":null,"consensus_eps_actual":-2.27,"consensus_revenue_estimate":null,"consensus_revenue_actual":918819000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":35914249.23428572,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":195437,"accession_number":"0001193125-24-272450","cik":1825024,"company_name":"Offerpad Solutions Inc.","ticker":"OPAD","form_type":"8-K","filed_at":"2024-12-06T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Offerpad amends credit facilities to uncommitted, extends maturity to July 2026","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["The $200M senior facility and $45M mezzanine facility are now entirely uncommitted.","Maturity extended from original date to July 16, 2026.","Financial covenants will only be tested if loan balance exceeds certain thresholds.","Amendment involves JPMorgan Chase, AG Mortgage Value Partners, and others.","No changes to other material terms of the loan agreement from October 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":35914249.23428572,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":195436,"accession_number":"0001193125-24-250632","cik":1825024,"company_name":"Offerpad Solutions Inc.","ticker":"OPAD","form_type":"8-K","filed_at":"2024-11-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Offerpad Q3 net loss narrows 32% YoY to $13.5M; revenue $208.1M (-11% YoY)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss improved 32% to $13.5M ($0.49 diluted EPS); Adjusted EBITDA loss improved 53% to $6.2M.","Revenue $208.1M, down 11% YoY; homes sold 615 (-13%), homes acquired 422 (-55%).","Gross profit per home sold $27.9k (-18% YoY); contribution profit after interest per home sold $12.4k (-54% YoY).","Q4 2024 outlook: homes sold 480-540, revenue $160M-$185M, adjusted EBITDA slightly lower."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.64,"consensus_revenue_estimate":null,"consensus_revenue_actual":744547000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":35914249.23428572,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":211694,"accession_number":"0001193125-24-193922","cik":1825024,"company_name":"Offerpad Solutions Inc.","ticker":"OPAD","form_type":"8-K","filed_at":"2024-08-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Offerpad Q2 revenue $251M, net loss -$13.8M; Q3 guidance for sequential EBITDA improvement","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $251.1M, down 12% QoQ but up 9% YoY; net loss -$13.8M improved 38% YoY.","Gross margin 8.7%, third consecutive quarterly improvement; gross profit per home $29.5k (+10% QoQ).","Adjusted EBITDA -$4.4M, improved 74% YoY; contribution profit after interest per home $14.5k vs -$2.9k YoY.","Renovate segment revenue $4.9M, up 306% YoY; added Fannie Mae and Freddie Mac as clients.","Q3 outlook: 550-650 homes sold, revenue $185-225M, sequential Adj. EBITDA improvement expected."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.14,"consensus_revenue_estimate":null,"consensus_revenue_actual":536480000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":35914249.23428572,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":211693,"accession_number":"0001193125-24-174342","cik":1825024,"company_name":"Offerpad Solutions Inc.","ticker":"OPAD","form_type":"8-K","filed_at":"2024-07-02T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Offerpad extends credit facility maturity to June 2026, cuts committed amount to $150M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Maturity extended from June 2025 to June 26, 2026; revolving period extended to Dec 26, 2025.","Senior facility committed amount reduced from $200M to $150M.","Lender gets option to convert to amortizing loan after revolving period, stopping new advances.","Borrowers represent no default; mandatory prepayment if Facility LTV Deficiency arises."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":35914249.23428572,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":230429,"accession_number":"0001193125-24-164488","cik":1825024,"company_name":"Offerpad Solutions Inc.","ticker":"OPAD","form_type":"8-K","filed_at":"2024-06-20T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Offerpad amends CEO and officers' LTIP awards; extends performance period, adjusts price targets","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Performance period shifted to June 12, 2024 – June 12, 2027 (was 2023–2026); vesting delayed by one year.","New price targets: $11.25, $18.75, $26.25, $33.75 per share for four tranches.","CEO Brian Bair's sharing rate: 0.224% (first tranche) to 0.546% (fourth); officers Aronovitch and Grout each 0.031% per tranche.","Vesting schedule: 50% on June 12, 2027; 50% on June 12, 2028 (previously 2026 and 2027)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":35914249.23428572,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":230428,"accession_number":"0001193125-24-155126","cik":1825024,"company_name":"Offerpad Solutions Inc.","ticker":"OPAD","form_type":"8-K","filed_at":"2024-06-05T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Offerpad stockholders elect directors, ratify auditor, approve say-on-pay at 2024 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Elected Ryan O'Hara (18,465,100 for) and Sheryl Palmer (18,487,713 for) as Class III directors.","Ratified Deloitte & Touche LLP as independent auditor for FY 2024 (22,709,308 for, 4,338 against).","Approved advisory say-on-pay resolution (18,251,109 for, 319,900 against, 35,100 abstain).","All proposals passed; no material changes to governance or executive compensation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":35914249.23428572,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":230427,"accession_number":"0001193125-24-145405","cik":1825024,"company_name":"Offerpad Solutions Inc.","ticker":"OPAD","form_type":"8-K","filed_at":"2024-05-23T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Offerpad appoints Peter Knag as CFO effective June 5, 2024; terms include $500K base salary and equity awards","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Peter Knag appointed CFO effective June 5, 2024, succeeding James Grout who remains SVP Finance.","Base salary of $500,000; annual target bonus at 75% of base salary.","RSU award of 145,000 shares vesting over 2-3 years; LTIP award tied to stock price goals ($11.25-$33.75) with 0.206% sharing rate.","Relocation to Phoenix required by Oct 1, 2024; one-time $100,000 relocation payment.","Employment term one year with auto-renew; severance includes 12-month base salary on qualifying termination."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":35914249.23428572,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":230426,"accession_number":"0001193125-24-138207","cik":1825024,"company_name":"Offerpad Solutions Inc.","ticker":"OPAD","form_type":"8-K","filed_at":"2024-05-14T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Offerpad principal accounting officer Hiten Patel resigns; James Grout appointed","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Hiten Patel, SVP Controller and principal accounting officer, resigned effective May 30, 2024 to pursue another opportunity.","James Grout, SVP Finance, designated as new principal accounting officer effective May 30, 2024.","Grout's appointment is an internal succession; no further details on compensation or search provided."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":35914249.23428572,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":230425,"accession_number":"0001193125-24-131934","cik":1825024,"company_name":"Offerpad Solutions Inc.","ticker":"OPAD","form_type":"8-K","filed_at":"2024-05-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Offerpad Q1 revenue $285M at high end of guidance; net loss improves 71% YoY to $17.5M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $285.4M (sequentially +19%, YoY -53%); gross profit $22.6M up 210% YoY.","Net loss ($17.5M) improved 71% from ($59.4M); Adj. EBITDA ($7.1M) vs ($44.8M) YoY.","Time to Cash 113 days (down from 185); inventory 180+ days at 8.5% (down from 32.3%).","Renovate revenue over $5M with 398 projects (+78% YoY); asset-light services 43% of transactions.","Q2 outlook: homes sold 750-875, rev $250M-$300M, Adj. EBITDA approx. breakeven."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.64,"consensus_revenue_estimate":null,"consensus_revenue_actual":285358000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":35914249.23428572,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}