secwatch.observer — SEC 8-K summary
======================================

Issuer:     Offerpad Solutions Inc. (OPAD)
CIK:        0001825024
Form:       8-K
Filed at:   2026-01-13T23:59:59+00:00
Accession:  0001193125-26-011046
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1825024/000119312526011046/0001193125-26-011046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1825024/000119312526011046/d78188d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-011046

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer