---
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"
generated_at: "2026-05-18T00:22:56.032852+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Offerpad raises $6M in registered direct offering with warrants

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-165608
- JSON: https://secwatch.observer/filing/0001193125-25-165608.json
- Plain text: https://secwatch.observer/filing/0001193125-25-165608.txt

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