secwatch.observer — SEC 8-K summary
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Issuer:     Offerpad Solutions Inc. (OPAD)
CIK:        0001825024
Form:       8-K
Filed at:   2026-06-09T20:05:23+00:00
Accession:  0001193125-26-263723
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Offerpad Solutions implements 1-for-10 reverse stock split effective June 9, 2026
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1825024/000119312526263723/0001193125-26-263723-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1825024/000119312526263723/d162227d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-263723

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