secwatch.observer — SEC 8-K summary
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Issuer:     Offerpad Solutions Inc. (OPAD)
CIK:        0001825024
Form:       8-K
Filed at:   2023-11-17T23:59:59+00:00
Accession:  0001193125-23-279780
Event type: other_material
Sentiment:  negative
Materiality: 0.55
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1825024/000119312523279780/0001193125-23-279780-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1825024/000119312523279780/d425363d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-279780

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