Offerpad Solutions enters into $100M common stock sale under existing shelf

In a regulatory filing, the company stated: “On August 28, 2025, Offerpad Solutions (OPAD) Inc. entered into an Open Market Sale Agreement with Jefferies LLC providing for the offer and sale of shares of the Company’s Class A common stock, par value $0.0001 per share, having a gross aggregate offering price of up to $100,000,000, from time to time by the Company through or to the Agent, acting as the Company’s sales agent or as principal. The Company has also filed a prospectus supplement relating to the Sales Agreement with the Securities and Exchange Commission under the Company’s existing shelf Registration Statement on Form S-3, which was declared effective on April 26, 2023. Pursuant to the Prospectus Supplement, the Company may offer and sell shares of Common Stock having an aggregate offering price of up to $(XX) million under the Sales Agreement.”