Offerpad Solutions Inc. Enters Agreement for Up to $100 Million in Common Stock Sales Through Jefferies LLC
Reuters
Aug 29
Offerpad Solutions Inc. Enters Agreement for Up to $100 Million in Common Stock Sales Through Jefferies LLC
Offerpad Solutions Inc. has entered into an Open Market Sale Agreement with Jefferies LLC, allowing for the sale of shares of the Company's Class A common stock, with an aggregate offering price of up to $100 million. The shares will be sold through or to Jefferies LLC, acting as the Company's sales agent or as principal. The agent is entitled to a commission of 3.0% of the gross sales price per share. The specific number of shares and price per share are not detailed in the document.
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