-
Offerpad Q1 revenue $80.1M, down 50% YoY; net loss narrows to $10.1M
Revenue $80.1M (-50% YoY); total transactions 263 (-49% YoY).
-
Offerpad files shelf takedown for up to $69.7M ATM equity offering via Jefferies
Filed prospectus supplement for at-the-market offering of up to $69,738,969 in Class A common stock.
-
Offerpad receives NYSE non-compliance notice for average stock price below $1.00
NYSE notified Offerpad on March 3, 2026; avg closing price <$1.00 over 30 consecutive trading days.
-
Offerpad Q4 2025 revenue $114.1M, net loss narrows to $8.8M; guides Q1 2026 $70-95M
Q4 2025 revenue $114.1M, down 35% YoY; net loss $8.8M ($0.24 EPS) vs loss $17.3M ($0.63) in Q4 2024.
-
Offerpad appoints Tela Mathias to board, replacing Katie Curnutte
Katie Curnutte resigned from Offerpad board effective Feb 13, 2026.
-
Offerpad raises $18M via 10M-share equity offering at $1.80/share
Issued 10,000,000 shares of Class A common stock at $1.80 per share for gross proceeds of $18.0 million.
-
Offerpad Q3 revenue $132.7M, net loss $11.6M; liquidity over $75M, Q4 guide $100-125M
Revenue $132.7M on 367 homes sold, down 36% YoY; gross margin 7.0%.
-
Offerpad Q3 prelim: revenue $132.7M, net loss $11.6M; enters $15M related-party facility
Preliminary Q3 revenue $132.7M, net loss $11.6M, Adjusted EBITDA -$4.6M; sold 367 homes.
-
Offerpad enters ATM offering agreement for up to $100M in common stock
Opens at-the-market equity facility with Jefferies LLC for up to $100M of Class A common stock.
-
Offerpad Q2 revenue $160.3M, net loss $10.9M; raises $21M in July, liquidity >$75M
Revenue of $160.3M, homes sold 452; net loss of $10.9M ($0.39 diluted loss per share).
-
Offerpad raises $6M in registered direct offering with warrants
Issued 2,857,143 shares of Class A common stock and warrants for 1,428,571 shares at $2.10 per unit.
-
Offerpad reports preliminary Q2 revenue $160.3M, net loss $10.9M; $15M debt facility
Revenue of $160.3M, net loss of $(10.9)M, Adjusted EBITDA loss of $(4.8)M for Q2 2025.
-
Offerpad subsidiary reduces senior credit facility from $375M to $175M
OP SPE Borrower Parent and two units agreed to cut Citibank facility from $375M to $175M.
-
Offerpad amends Citibank facility: committed cut to $25M, uncommitted raised to $375M
Committed senior facility reduced from $150M to $25M; uncommitted facility increased from $250M to $375M.
-
Offerpad reduces credit capacity; extends loan maturities to Aug 2025
Revolving Senior Loan reduced to $50M available ($25.54M committed); maturity Aug 31, 2025.
-
Offerpad Q1 revenue $160.7M, net loss -$15.1M; Renovate revenue record $5.3M
Revenue $160.7M, down 44% YoY and 8% QoQ; homes sold 460 (-46% YoY).
-
Offerpad appoints new director, SVP Finance resigns; board rebalanced
Donna Corley appointed Class II director, chairing Audit Committee; replaces Sheryl Palmer after 2025 Annual Meeting.
-
Offerpad receives NYSE delisting notice for market cap and equity below $50M
NYSE notified Offerpad on April 10, 2025 of non-compliance: avg market cap and last reported equity each <$50M.
-
Offerpad approves employment agreement with SVP Finance James Grout; base salary $325K
Employment agreement effective March 1, 2025, for James Grout as SVP Finance.
-
Offerpad reports Q4 2024 revenue $174.3M, net loss $17.3M; FY2024 net loss improves 47% to $62.2M
Q4 2024: homes sold 503 (-29% YoY), revenue $174.3M (-28%), net loss $17.3M.
-
Offerpad amends credit facilities to uncommitted, extends maturity to July 2026
The $200M senior facility and $45M mezzanine facility are now entirely uncommitted.
-
Offerpad Q3 net loss narrows 32% YoY to $13.5M; revenue $208.1M (-11% YoY)
Net loss improved 32% to $13.5M ($0.49 diluted EPS); Adjusted EBITDA loss improved 53% to $6.2M.
-
Offerpad Q2 revenue $251M, net loss -$13.8M; Q3 guidance for sequential EBITDA improvement
Revenue $251.1M, down 12% QoQ but up 9% YoY; net loss -$13.8M improved 38% YoY.
-
Offerpad extends credit facility maturity to June 2026, cuts committed amount to $150M
Maturity extended from June 2025 to June 26, 2026; revolving period extended to Dec 26, 2025.
-
Offerpad amends CEO and officers' LTIP awards; extends performance period, adjusts price targets
Performance period shifted to June 12, 2024 – June 12, 2027 (was 2023–2026); vesting delayed by one year.
-
Offerpad stockholders elect directors, ratify auditor, approve say-on-pay at 2024 annual meeting
Elected Ryan O'Hara (18,465,100 for) and Sheryl Palmer (18,487,713 for) as Class III directors.
-
Offerpad appoints Peter Knag as CFO effective June 5, 2024; terms include $500K base salary and equity awards
Peter Knag appointed CFO effective June 5, 2024, succeeding James Grout who remains SVP Finance.
-
Offerpad principal accounting officer Hiten Patel resigns; James Grout appointed
Hiten Patel, SVP Controller and principal accounting officer, resigned effective May 30, 2024 to pursue another opportunity.
-
Offerpad Q1 revenue $285M at high end of guidance; net loss improves 71% YoY to $17.5M
Revenue $285.4M (sequentially +19%, YoY -53%); gross profit $22.6M up 210% YoY.