On October 7, 2026, OP SPE Summit, LLC, a wholly owned subsidiary of Offerpad Solutions Inc., entered into the Third Amended and Restated Revolving Loan Agreement with WHGG II Trust and Ascent Developer Solutions LLC. This agreement amends and restates the previous revolving loan facility, increasing the principal uncommitted borrowing capacity from $150 million to $200 million. The new terms include customary representations, warranties, covenants restricting additional indebtedness, and events of default allowing lenders to accelerate payments. Offerpad Solutions Inc. operates in the real estate technology sector, providing home buying and selling services.
