Offerpad announces 1-for-10 reverse stock split effective June 8, 2026

Offerpad Solutions Inc.

Stockholders approved reverse split ratio range 1-for-5 to 1-for-50; board chose 1-for-10.
Split effective 5:00 p.m. ET on June 8, 2026; trading starts on adjusted basis June 9 under OPAD.
New CUSIP 67623L 505; intended to help meet NYSE continued listing price requirements.
No fractional shares issued; holders receive cash in lieu at closing price on effective date.
Outstanding warrants and equity awards proportionately adjusted; no change in percentage ownership.

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