---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-289033"
form_type: "8-K"
ticker: "OPAD"
cik: "0001825024"
company_name: "Offerpad Solutions Inc."
filed_at: "2022-11-18T23:59:59+00:00"
generated_at: "2026-06-21T16:04:24.736876+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Offerpad (OPAD) receives NYSE notice of non-compliance for stock price below $1.00

## Summary
- NYSE notified Offerpad that its Class A common stock average closing price was below $1.00 over 30 consecutive trading days.
- Company intends to cure within six-month cure period; may consider reverse stock split subject to stockholder approval.
- No immediate delisting; stock continues trading on NYSE during cure period.
- Company notified NYSE on Nov 16, 2022 of intent to cure.

## SEC filing metadata
- accession: 0001193125-22-289033
- form_type: 8-K
- ticker: OPAD
- cik: 0001825024
- company_name: Offerpad Solutions Inc.
- filed_at: 2022-11-18T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825024/000119312522289033/0001193125-22-289033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825024/000119312522289033/d395302d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-289033
- JSON: https://secwatch.observer/filing/0001193125-22-289033.json
- Plain text: https://secwatch.observer/filing/0001193125-22-289033.txt

## Key facts
- Listing & Compliance Notices
  Offerpad Solutions Inc. received a nyse deficiency notice notice regarding minimum bid price (rules 802.01C).
  - Exchange: nyse
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 802.01C
  source text: November 15, 2022, Offerpad Solutions Inc. (the “Company,” “we,” “us” or “our”) was notified by the New York Stock Exchange (the “NYSE”) that it is not in compliance with Section 802.01C of the NYSE Listed Company Manual because the average closing price of the Company’s Class A common stock was less than $1.00 over a consecutive 30 trading-day period. The notice does not result in the immediate delisting of the Company’s Class A common stock from the NYSE. On November 16, 2022, the Company notified the NYSE that it intends to cure the stock price deficiency and to return to compliance with th
  evidence_url: https://www.sec.gov/Archives/edgar/data/1825024/000119312522289033/0001193125-22-289033-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.