secwatch / observer

Offerpad Solutions Inc. — fact timeline

Source-grounded facts extracted from Offerpad Solutions Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

OPAD Offerpad Solutions Inc. JSON
Earnings Releases

Offerpad Solutions Inc. reported Q2 2026 results: revenue $80 million to $90 million. Guidance initiated.

“For the second quarter of 2026, Offerpad expects revenue in the range of $80 million to $90 million, with 300-350 real estate transactions (14-33% sequential increase), and anticipates Adjusted EBITDA to improve sequentially, reaching Adjusted EBITDA positive before the end of 2026.”
Earnings Releases

Offerpad Solutions Inc. reported three months ended March 31, 2026 results: revenue $80.1 million, net income ($10.1 million), EPS ($0.22).

“OPAD) , a leading tech-enabled real estate solutions company, today reported financial results for the first quarter ended March 31, 2026. During the quarter, Offerpad generated $80.1 million in revenue and closed 263 real estate transactions. Results reflect continued execution against the Company’s 2026 priorities, including growing engagement across its”
Listing & Compliance Notices

Offerpad Solutions Inc. received a nyse deficiency notice notice regarding minimum bid price (rules 802.01C).

“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”
Material Agreements

Offerpad Solutions Inc. entered into Placement Agency Agreement with A.G.P./Alliance Global Partners valued at 5.0% of aggregate gross proceeds from the sale of Shares; out-of-pocket expense reimbursement up to (effective 2026-01-11).

“On January 11, 2026, in connection with the foregoing transactions, the Company entered into a placement agency agreement (the “Placement Agreement”) with A.G.P./Alliance Global Partners (the “Placement Agent”) pursuant to which the Placement Agent served as the exclusive placement agent in connection with the Offering.”
Material Agreements

Offerpad Solutions Inc. entered into Securities Purchase Agreement with Purchasers named therein valued at 10,000,000 shares of Class A common stock at $1.80 per share, gross proceeds of $18.0 million (effective 2026-01-11).

“On January 11, 2026, Offerpad Solutions Inc., a Delaware corporation (the “Company”), entered into a securities purchase agreement (the “Purchase Agreement”) with the purchasers named therein (together, the “Purchasers”), providing for the issuance and sale by the Company of an aggregate of 10,000,000 shares (the “Shares”) of the Company’s Class A common stock, $0.0001 par value per share (the “Common Stock”).”

James Grout resigned as Senior Vice President, Finance at Offerpad Solutions Inc..

“On April 21, 2025, James Grout, Senior Vice President, Finance of the Company, notified the Company of his decision to resign, effective as of April 30, 2025, to pursue other opportunities.”

Brian Bair departed as Director at Offerpad Solutions Inc..

“On April 18, 2025, due to the unequal balance of membership among the Board classes, Brian Bair, who is a Class I director, resigned as a director, effective upon the conclusion of the Annual Meeting and the Board approved to re-elect Mr. Bair as Class III director, effective immediately thereafter.”

Donna Corley was appointed as Class II director at Offerpad Solutions Inc..

“on April 21, 2025, the Board, upon the recommendation of the Nominating and Corporate Governance Committee (the “Nominating Committee”) of the Board, appointed Donna Corley as a Class II director of the Company, with a term expiring at the 2026 Annual Meeting of Stockholders, and until her successor is elected and qualified or until her earlier death, resignation, disqualification or removal.”

Sheryl Palmer resigned as Director at Offerpad Solutions Inc..

“Sheryl Palmer has notified Offerpad Solutions Inc. (the “Company”) of her resignation from the Board of Directors (the “Board”) of the Company, effective upon conclusion of the Company’s 2025 Annual Meeting of Stockholders (the “Annual Meeting”).”

James Grout changed role as Senior Vice President, Finance at Offerpad Solutions Inc..

“succeeding James Grout in such roles, effective on the Effective Date. Mr. Grout will otherwise continue to serve as Senior Vice President, Finance.”

Peter Knag was appointed as Chief Financial Officer at Offerpad Solutions Inc..

“appointed Peter Knag as the Company’s Chief Financial Officer, effective June 5, 2024”
Earnings Releases

Offerpad Solutions Inc. reported three months ended March 31, 2024 results: revenue $285.4M, net income ($17.5M), EPS ($0.64).

“about what the future holds.” Q1 2024 Financial Results (quarter over quarter) Q1 2024 Q4 2023 Percentage Change Homes acquired 806 678 19% Homes sold 847 712 19% Revenue $285.4M $240.5M 19% Gross profit $22.6M $16.7M 35% Net loss ($17.5M) ($15.4M) (13%) Adjusted EBITDA ($7.1M) ($7.0M) (1%) Diluted Net Loss per Share ($0.64) ($0.57) (12%) Gross profit”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.