{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-174342","form_type":"8-K","ticker":"OPAD","cik":"0001825024","company_name":"Offerpad Solutions Inc.","filed_at":"2024-07-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.727817+00:00","generated_at":"2026-05-31T23:49:20.765666+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Offerpad extends credit facility maturity to June 2026, cuts committed amount to $150M","bullets":["Maturity extended from June 2025 to June 26, 2026; revolving period extended to Dec 26, 2025.","Senior facility committed amount reduced from $200M to $150M.","Lender gets option to convert to amortizing loan after revolving period, stopping new advances.","Borrowers represent no default; mandatory prepayment if Facility LTV Deficiency arises."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-174342","json":"https://secwatch.observer/filing/0001193125-24-174342.json","markdown":"https://secwatch.observer/filing/0001193125-24-174342.md","text":"https://secwatch.observer/filing/0001193125-24-174342.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1825024/000119312524174342/0001193125-24-174342-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1825024/000119312524174342/d860185d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T23:49:20.765666+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}