Latham & Watkins Advises Offerpad Solutions Inc. on US$18 Million Registered Direct Offering

Offerpad Solutions Inc. (Offerpad) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, has announced that it has entered into a securities purchase agreement with institutional investors for the purchase and sale of 10,000,000 shares of its common stock in a registered direct offering at a purchase price of US$1.80 per share (the Offering). The closing of the Offering is expected to occur on or about January 13, 2026, subject to the satisfaction of customary closing conditions. The gross proceeds from the Offering are expected to be approximately US$18 million, before deducting placement agent fees and other estimated offering expenses.

Latham & Watkins LLP is advising Offerpad in the offering with a corporate team led by Orange County partner Drew Capurro, with associates Jacob Walsh, Caitlin Nguyen, and Brice Stewart.