Possible new Offerpad Solutions shares
OPADDilution
Known so far: no new shares from the prospectus covers read · shelf room about $3.5M · not yet read: converts, ATM.
Shelf room
- Room today about $3.5M, maybe lower
- One third of float $3.5M ($10.5M float, Jun 30, 2025)
- Sold off it, 12 months nothing
How this is worked out
Shelf room about $3.5M on the S-3 of Apr 27, 2026: the baby-shelf rule (public float under $75M) caps sales at one third of the $10.5M public float stated as of Jun 30, 2025, $3.5M, nothing sold off it in the last 12 months; 1 more sale off the shelf with no size read, so the room may be lower. Sources: S-3/A Apr 27, 2026, effective Apr 30, 2026 · public float, as of Jun 30, 2025 · 424B5 Apr 30, 2026.
What could become new Offerpad Solutions (OPAD) shares: warrants and options and RSUs, each with the 10-Q, 10-K, S-3 or 424B filing it comes from.
Offerpad Solutions dilution ladder
Every source of new shares on record, from the filings that created it.
5.1M outstanding; up to 5.8M fully diluted, +13%
- Outstandingas of Oct 26, 2026 (10-Q filed Nov 2) · share count on the cover page5.1M
- +143K
- +534K
Not stated in the filings we read: an ATM program, convertible notes.
Counts, sizes and prices as stated in each filing; the fully diluted count is arithmetic on them. Dollars become shares only at a price a filing states. Not advice.
Financing terms to know
None found in filings since Nov 2, 2026.
Each term is quoted from the exhibit it comes from; numbers are as stated in the filing. A flag describes a financing term. It is not investment advice.
Shares outstanding
5.1M
Feb 2025 to Oct 2026: from 2.8M to 5.1M. Adjusted for a reverse split of about 1-for-10 by Jul 27, 2026: each earlier count is divided by the ratio of every split after it.
From the share count on the cover of each 10-Q and 10-K, dated as each cover states.
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