Offerpad Receives Notice of Non-Compliance with NYSE Trading Share Price Listing Rule

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Nov 18, 2022

Offerpad Solutions Inc. (“Offerpad” or the “Company”) (NYSE:OPAD, Financial), a leading tech-enabled platform for residential real estate, today announced that it received notice from the New York Stock Exchange (the “NYSE”) that it is not in compliance with Section 802.01C of the NYSE Listed Company Manual because the average closing price of the Company’s Class A common stock was less than $1.00 over a consecutive 30 trading-day period. The notice does not result in the immediate delisting of the Company’s Class A common stock from the NYSE.