{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-165608","form_type":"8-K","ticker":"OPAD","cik":"0001825024","company_name":"Offerpad Solutions Inc.","filed_at":"2025-07-28T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.162318+00:00","generated_at":"2026-05-18T00:22:56.032852+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Offerpad raises $6M in registered direct offering with warrants","bullets":["Issued 2,857,143 shares of Class A common stock and warrants for 1,428,571 shares at $2.10 per unit.","Warrants exercisable at $2.30/share starting Jan 26, 2026, expiring Jan 26, 2030, with 4.99% ownership cap.","Gross proceeds of $6.0 million before placement agent fees (7%) and expenses.","Placement agent A.G.P./Alliance Global Partners receives 7% cash fee and tail financing rights for 9 months.","Company agreed not to issue additional equity for 90 days and to register warrant shares within 30 days."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-165608","json":"https://secwatch.observer/filing/0001193125-25-165608.json","markdown":"https://secwatch.observer/filing/0001193125-25-165608.md","text":"https://secwatch.observer/filing/0001193125-25-165608.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1825024/000119312525165608/0001193125-25-165608-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1825024/000119312525165608/d66233d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T00:22:56.032852+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"}