---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-011046"
form_type: "8-K"
ticker: "OPAD"
cik: "0001825024"
company_name: "Offerpad Solutions Inc."
filed_at: "2026-01-13T23:59:59+00:00"
generated_at: "2026-05-16T10:42:01.221664+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Offerpad raises $18M via 10M-share equity offering at $1.80/share

## Summary
- Issued 10,000,000 shares of Class A common stock at $1.80 per share for gross proceeds of $18.0 million.
- Offering expected to close January 13, 2026, subject to customary conditions.
- A.G.P./Alliance Global Partners acted as exclusive placement agent with a 5% cash fee of gross proceeds.
- Company agreed to a 60-day lock-up on future share issuances and variable rate transactions post-closing.
- Shares offered under effective shelf registration statement on Form S-3.

## SEC filing metadata
- accession: 0001193125-26-011046
- form_type: 8-K
- ticker: OPAD
- cik: 0001825024
- company_name: Offerpad Solutions Inc.
- filed_at: 2026-01-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825024/000119312526011046/0001193125-26-011046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825024/000119312526011046/d78188d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-011046
- JSON: https://secwatch.observer/filing/0001193125-26-011046.json
- Plain text: https://secwatch.observer/filing/0001193125-26-011046.txt

## Key facts
- Material Agreements
  Offerpad Solutions Inc. entered into Placement Agency Agreement with A.G.P./Alliance Global Partners valued at 5.0% of aggregate gross proceeds from the sale of Shares; out-of-pocket expense reimbursement up to (effective 2026-01-11).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: A.G.P./Alliance Global Partners
  - Value: 5.0% of aggregate gross proceeds from the sale of Shares; out-of-pocket expense reimbursement up to
  - Effective: 2026-01-11
  source text: On January 11, 2026, in connection with the foregoing transactions, the Company entered into a placement agency agreement (the “Placement Agreement”) with A.G.P./Alliance Global Partners (the “Placement Agent”) pursuant to which the Placement Agent served as the exclusive placement agent in connection with the Offering.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1825024/000119312526011046/0001193125-26-011046-index.htm
- Material Agreements
  Offerpad Solutions Inc. entered into Securities Purchase Agreement with Purchasers named therein valued at 10,000,000 shares of Class A common stock at $1.80 per share, gross proceeds of $18.0 million (effective 2026-01-11).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Purchasers named therein
  - Value: 10,000,000 shares of Class A common stock at $1.80 per share, gross proceeds of $18.0 million
  - Effective: 2026-01-11
  source text: On January 11, 2026, Offerpad Solutions Inc., a Delaware corporation (the “Company”), entered into a securities purchase agreement (the “Purchase Agreement”) with the purchasers named therein (together, the “Purchasers”), providing for the issuance and sale by the Company of an aggregate of 10,000,000 shares (the “Shares”) of the Company’s Class A common stock, $0.0001 par value per share (the “Common Stock”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1825024/000119312526011046/0001193125-26-011046-index.htm

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