regulatory
confidence high
sentiment negative
materiality 0.75
Offerpad Solutions Inc. (OPAD): Nasdaq/NYSE listing notice — Offerpad receives NYSE non-compliance notice for average stock price below $1.00
Offerpad Solutions Inc.
- NYSE notified Offerpad on March 3, 2026; avg closing price <$1.00 over 30 consecutive trading days.
- Company has six months to cure; can regain compliance if monthly closing price >=$1.00 and 30-day avg >=$1.00.
- Offerpad notified NYSE on March 5, 2026 of intent to cure; considering reverse stock split subject to shareholder approval.
- Class A common stock (OPAD) continues trading on NYSE during cure period, conditional on other listing standards.
- If cure requires shareholder vote, price condition deemed cured if stock exceeds $1.00 and stays above for 30 trading days.