---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-279780"
form_type: "8-K"
ticker: "OPAD"
cik: "0001825024"
company_name: "Offerpad Solutions Inc."
filed_at: "2023-11-17T23:59:59+00:00"
generated_at: "2026-06-08T00:21:18.055705+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Offerpad's warrants to be delisted by NYSE due to abnormally low price; common stock unaffected

## Summary
- NYSE notified Offerpad that warrants (OPADWS) are unsuitable for listing due to abnormally low prices.
- NYSE will apply to SEC to delist warrants; company does not intend to appeal.
- Common stock (OPAD) continues trading on NYSE and is unaffected by this action.
- Each 15 warrants are exercisable for one share of common stock at $172.50/share.

## SEC filing metadata
- accession: 0001193125-23-279780
- form_type: 8-K
- ticker: OPAD
- cik: 0001825024
- company_name: Offerpad Solutions Inc.
- filed_at: 2023-11-17T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825024/000119312523279780/0001193125-23-279780-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825024/000119312523279780/d425363d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-279780
- JSON: https://secwatch.observer/filing/0001193125-23-279780.json
- Plain text: https://secwatch.observer/filing/0001193125-23-279780.txt

## Key facts
- Listing & Compliance Notices
  Offerpad Solutions Inc. received a nyse delisting notice notice regarding other (rules 802.01D).
  - Exchange: nyse
  - Notice: delisting notice
  - Rules: 802.01D
  source text: November 15, 2023, Offerpad Solutions Inc. (the “Company”) received notice (the “Notice”) from the New York Stock Exchange (the “NYSE”) that the Company’s warrants (the “Warrants”) are no longer suitable for listing based on “abnormally low” price levels, pursuant to Section 802.01D of the NYSE Listed Company Manual, and that the NYSE Regulation has determined to commence proceedings to delist the Warrants. Every 15 Warrants are presently exercisable for one share of the Company’s Class A common stock at an exercise price per share of $172.50, ticker symbol “OPADWS.” To effect the delisting, t
  evidence_url: https://www.sec.gov/Archives/edgar/data/1825024/000119312523279780/0001193125-23-279780-index.htm

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