What's Going On With Offerpad Stock Tuesday?
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Offerpad Solutions Inc. (OPAD) shares fell 12.92% to $1.55 after announcing a stock sale agreement with institutional buyers for $18 million. The company plans to offer 10 million shares at $1.80 each, with proceeds aimed at supporting growth initiatives and enhancing its balance sheet. The offering is expected to close around January 13, 2026, pending customary conditions. A.G.P./Alliance Global Partners is the placement agent for this registered direct offering, which will be filed with the SEC.
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