Offerpad Solutions Inc-美国存托股票招股说明书(2025-09-02版)

Up to 1,428,571 shares of Class A common stock (par value $0.0001 per share) of Offerpad Solutions Inc. (OPAD) are being offered for resale by selling stockholders. The shares are issuable upon the exercise of warrants previously issued to the selling stockholders, with an exercise price of $2.30 per share. The warrants are initially exercisable on January 26, 2026, and will expire on January 26, 2030. The offering is exempt from registration under the Securities Act of 1933. Offerpad is a real estate platform providing services such as cash offers for homes and B2B renovation solutions. The company is headquartered in Tempe, Arizona, and operates in over 1,900 cities across 27 metropolitan markets in 18 states. The company has never declared or paid cash dividends and does not anticipate doing so in the foreseeable future. The selling stockholders may offer and sell the shares through various methods, including exchanges, broker-dealers, underwritten transactions, and direct sales, at prices and terms prevailing in the market. The company is subject to reduced public company reporting requirements as a smaller reporting company.