secwatch.observer — SEC 8-K summary
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Issuer:     Offerpad Solutions Inc. (OPAD)
CIK:        0001825024
Form:       8-K
Filed at:   2022-11-18T23:59:59+00:00
Accession:  0001193125-22-289033
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1825024/000119312522289033/0001193125-22-289033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1825024/000119312522289033/d395302d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-289033

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer