---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-096469"
form_type: "8-K"
ticker: "OPAD"
cik: "0001825024"
company_name: "Offerpad Solutions Inc."
filed_at: "2026-03-06T23:59:59+00:00"
generated_at: "2026-05-15T18:54:39.056612+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Offerpad receives NYSE non-compliance notice for average stock price below $1.00

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-096469
- form_type: 8-K
- ticker: OPAD
- cik: 0001825024
- company_name: Offerpad Solutions Inc.
- filed_at: 2026-03-06T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825024/000119312526096469/0001193125-26-096469-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825024/000119312526096469/d25821d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-096469
- JSON: https://secwatch.observer/filing/0001193125-26-096469.json
- Plain text: https://secwatch.observer/filing/0001193125-26-096469.txt

## Source-grounded claims
- claim_id: 98158036232e205d14ddae51447c36c159f2cebf
  claim: Offerpad Solutions Inc. received a nyse deficiency notice notice regarding minimum bid price (rules 802.01C).
  evidence_excerpt: March 3, 2026, Offerpad Solutions Inc. (the “Company,” “we,” “us” or “our”) was notified by the New York Stock Exchange (the “NYSE”) that it is not in compliance with Section 802.01C of the NYSE Listed Company Manual because the average closing price of the Company’s Class A common stock was less than $1.00 over a consecutive 30 trading-day period. The notice does not result in the immediate delisting of the Company’s Class A common stock from the NYSE. On March 5, 2026, the Company notified the NYSE that it intends to cure the stock price deficiency and to return to compliance with the NYSE c
  evidence_url: https://www.sec.gov/Archives/edgar/data/1825024/000119312526096469/0001193125-26-096469-index.htm

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