Recent Updates — OPADW

On September 3, 2026, Offerpad Solutions Inc.'s Board of Directors increased the board size from six to seven and appointed Benjamin Graboske as a Class III director effective immediately. Mr. Graboske's term expires at the 2027 Annual Meeting, and he was also appointed to the Nominating Committee. He will receive compensation under the Company’s Non-Employee Director Compensation Program and may defer cash retainers or restricted stock unit awards via the Deferred Compensation Plan. Offerpad Solutions Inc. operates in the real estate technology industry, providing iBuying services for residential properties.

Offerpad Solutions Inc. reported financial results for the second quarter ended June 30, 2026, generating $78 million in revenue from 295 closed real estate transactions. The company posted a net loss of $9.3 million and an Adjusted EBITDA loss of $6.2 million, marking sequential improvement and its second consecutive quarter of progress toward positive Adjusted EBITDA. Gross margin expanded to 9.2% from 6.9% in the prior quarter, driven by improved Cash Offer margins and higher-margin services comprising 30% of transactions. Contract signings nearly doubled during the quarter, rising from 129 in April to 256 in June. Contribution profit after interest per transaction reached $13,500, a multi-year high. For the third quarter of 2026, Offerpad expects revenue between $90 million and $100 million with 350-400 real estate transactions. Offerpad Solutions Inc. is a tech-enabled real estate solutions company that provides cash offers, brokerage services, and renovation support to homeowners.