regulatory
confidence high
sentiment negative
materiality 0.85
Offerpad receives NYSE delisting notice for market cap and equity below $50M
Offerpad Solutions Inc.
- NYSE notified Offerpad on April 10, 2025 of non-compliance: avg market cap and last reported equity each <$50M.
- Company will submit a business plan within 45 days to cure deficiency within 18 months.
- NYSE will review plan within 45 days; if accepted, stock continues trading during cure period.
- If plan not accepted or not timely submitted, NYSE may initiate delisting proceedings.