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0.00449197860962565 0.0106417112299465 -0.0481283422459893 -0.0320855614973262 -0.0106951871657754 0.0267379679144385 0 -0.0383422459893047
Stock impact report

Offerpad Solutions Inc. Announces Pricing of $18 Million Registered Direct Offering

Offerpad Solutions Inc. Class A (OPAD) 
Company Research Source: Business Wire
TEMPE, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. ("Offerpad") (NYSE: OPAD), a leading tech-enabled platform for residential real estate, today announced that it has entered into a securities purchase agreement with institutional investors for the purchase and sale of 10,000,000 shares of its common stock in a registered direct offering at a purchase price of $1.80 per share (the “Offering”).The closing of the Offering is expected to occur on or about January 13, 2026, subject to the satisfaction of customary closing conditions. The gross proceeds from the Offering are expected to be approximately $18 million, before deducting placement agent fees and other estimated offering expenses.The Company expects to use the net proceeds from the Offering for general working capital, including supporting growth initiatives, inventory optimization, and strengthening the balance sheet.A.G.P./Alliance Global Partners is acting as the sole placement agent for the Offering.The Offering is b Show less Read more
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