Offerpad Solutions (OPAD) “announced that it received notice from the New York Stock Exchange 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.”
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Read More on OPAD:
- Offerpad Faces NYSE Delisting Risk After Falling Below $50 Million Market Cap and Equity Thresholds
- Offerpad Solutions price target lowered to $1 from $1.75 at Keefe Bruyette
- Offerpad Solutions files $250M mixed securities shelf
- Offerpad Solutions Pivots Toward Leaner, Fee-Driven Growth
- Offerpad price target lowered to $2.50 from $3.50 at Alliance Global
