Offerpad Solutions, Inc. (OPAD, Financial) has been informed by the NYSE that it is not meeting the necessary listing requirements stipulated in Section 802.01B of the NYSE Listed Company Manual. This notice, received on April 10, 2025, indicates that the company's average global market capitalization over a consecutive 30 trading-day period, along with its most recent stockholders' equity, both fell below the $50 million threshold.
In response, Offerpad plans to inform the NYSE of its intention to devise and submit a corrective action plan. This plan will aim to address the shortfall and restore the company to full compliance with the NYSE's continuous listing obligations.
