--- schema_version: "secwatch.filing_event.v1" accession: "0001193125-26-263723" form_type: "8-K" ticker: "OPAD" cik: "0001825024" company_name: "Offerpad Solutions Inc." filed_at: "2026-06-09T20:05:23+00:00" generated_at: "2026-06-09T20:10:01.402271+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.55 calibrated_materiality_score: 0.55 confidence: "high" source: SEC EDGAR --- # Offerpad Solutions implements 1-for-10 reverse stock split effective June 9, 2026 ## Summary - 1-for-10 reverse stock split effective June 9, 2026; new CUSIP 67623L 505; symbol unchanged OPAD. - Shareholders approved reverse split amendment at June 3 annual meeting with ~19.2M for, ~3.3M against. - Elected Class II directors Donna Corley and Tela Mathias; ratified Deloitte as auditor for FY 2026. - Advisory say-on-pay approved with ~10.6M for, ~0.6M against, ~11.1M broker non-votes. ## SEC filing metadata - accession: 0001193125-26-263723 - form_type: 8-K - ticker: OPAD - cik: 0001825024 - company_name: Offerpad Solutions Inc. - filed_at: 2026-06-09T20:05:23+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.55 - calibrated_materiality_score: 0.55 - confidence: high - sec_items: 5.03, 5.07, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1825024/000119312526263723/0001193125-26-263723-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825024/000119312526263723/d162227d8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001193125-26-263723 - JSON: https://secwatch.observer/filing/0001193125-26-263723.json - Plain text: https://secwatch.observer/filing/0001193125-26-263723.txt ## Key facts - Governance Changes Offerpad Solutions Inc.: Filed certificate of amendment to effect a 1-for-10 reverse stock split of Class A common stock (effective 2026-06-08). - Change: charter amendment - Effective: 2026-06-08 source text: On June 8, 2026, the Company filed a certificate of amendment (the “Certificate of Amendment”) to its Fourth Restated Certificate of Incorporation (the “Certificate of Incorporation”) with the Secretary of State of the State of Delaware to effect the Reverse Stock Split, and the Company’s Common Stock began trading on a split-adjusted basis at market open on June 9, 2026 under the existing symbol “OPAD” and new CUSIP number 67623L 505. evidence_url: https://www.sec.gov/Archives/edgar/data/1825024/000119312526263723/0001193125-26-263723-index.htm - Shareholder Votes Offerpad Solutions Inc. shareholders approved Advisory (non-binding) approval of compensation of named executive officers at the 2026-06-03 meeting. - Proposal: say on pay - Outcome: passed - Meeting: 2026-06-03 source text: Proposal 3 - Approval, on an advisory (non-binding) basis, of the compensation of the Company’s named executive officers. Votes FOR Votes AGAINST Votes ABSTAINED Broker Non-Votes 10,610,068 638,376 5,261,776 11,118,728 evidence_url: https://www.sec.gov/Archives/edgar/data/1825024/000119312526263723/0001193125-26-263723-index.htm - Shareholder Votes Offerpad Solutions Inc. shareholders approved Ratification of appointment of Deloitte & Touche LLP as independent registered public accounting firm for fiscal year 2026 at the 2026-06-03 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2026-06-03 source text: Proposal 2 - Ratification of the appointment of Deloitte & Touche LLP (“Deloitte”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. Votes FOR Votes AGAINST Votes ABSTAINED Broker Non-Votes 21,756,195 741,462 5,131,291 0 evidence_url: https://www.sec.gov/Archives/edgar/data/1825024/000119312526263723/0001193125-26-263723-index.htm - Shareholder Votes Offerpad Solutions Inc. shareholders approved Approval of amendments to Certificate of Incorporation to effect a reverse stock split of Common Stock at ratio range of 1-for-5 to 1-for-50, subject to Board discretion to abandon at the 2026-06-03 meeting. - Proposal: reverse split - Outcome: passed - Meeting: 2026-06-03 source text: Proposal 4 - Approval of amendments to the Certificate of Incorporation to effect a reverse stock split of the Common Stock at a ratio ranging from any whole number between 1-for-5 and 1-for-50, as determined by the Company’s Board of Directors (the “Board”) in its discretion, subject to the Board’s authority to abandon such amendments (the “Reverse Stock Split Amendment”). Votes FOR Votes AGAINST Votes ABSTAINED Broker Non-Votes 19,191,573 3,299,278 5,138,097 0 evidence_url: https://www.sec.gov/Archives/edgar/data/1825024/000119312526263723/0001193125-26-263723-index.htm - Shareholder Votes Offerpad Solutions Inc. shareholders approved Election of two Class II directors for a term expiring at the 2029 annual meeting at the 2026-06-03 meeting. - Proposal: director election - Outcome: passed - Meeting: 2026-06-03 source text: Proposal 1 - Election of two Class II directors for a term of office expiring on the date of the annual meeting of stockholders in 2029 and until their respective successors have been duly elected and qualified. NOMINEE Votes FOR Votes WITHHELD Broker Non-Votes Donna Corley 10,994,009 5,516,211 11,118,728 Tela Mathias 11,163,997 5,346,223 11,118,728 evidence_url: https://www.sec.gov/Archives/edgar/data/1825024/000119312526263723/0001193125-26-263723-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.