---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-025537"
form_type: "8-K"
ticker: "OPAD"
cik: "0001825024"
company_name: "Offerpad Solutions Inc."
filed_at: "2023-02-06T23:59:59+00:00"
generated_at: "2026-06-20T00:19:12.297871+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.15
confidence: "medium"
source: SEC EDGAR
---

# Stockholders approve issuance of 160.7 million pre-funded warrants for Class A common stock

## Summary
- Holders of ~76% voting power delivered written consent on Jan 31, 2023, approving the transaction.
- Transaction entails sale of 160,742,959 pre-funded warrants to purchase Class A common stock.
- No further stockholder approval required; transaction previously reported in Feb 1, 2023 8-K.

## SEC filing metadata
- accession: 0001193125-23-025537
- form_type: 8-K
- ticker: OPAD
- cik: 0001825024
- company_name: Offerpad Solutions Inc.
- filed_at: 2023-02-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.15
- confidence: medium
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825024/000119312523025537/0001193125-23-025537-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825024/000119312523025537/d421013d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-025537
- JSON: https://secwatch.observer/filing/0001193125-23-025537.json
- Plain text: https://secwatch.observer/filing/0001193125-23-025537.txt

## Key facts
- Shareholder Votes
  Offerpad Solutions Inc. shareholders approved Approval of the issuance of pre-funded warrants to purchase shares of Class A common stock pursuant to the Subscription Agreement dated January 31, 2023 at the 2023-01-31 meeting.
  - Outcome: passed
  - Meeting: 2023-01-31
  source text: On January 31, 2023, stockholders of the Company (holding shares of common stock representing approximately 76% of the voting power of all outstanding shares of common stock) delivered to the Company an irrevocable written consent approving the Transaction.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1825024/000119312523025537/0001193125-23-025537-index.htm

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