April 25, 2024 10:02 pm
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Real estate tech company Offerpad to go public in SPAC deal led by former rival

(Disclosure: Rose Law Group represents Offerpad.) Photo via Offerpad Facebook

By Andy Blye | Phoenix Business Journal

Offerpad, a real estate technology company based in Chandler, announced Thursday that it would go public and list on the New York Stock Exchange under the ticker symbol “OPAD.”

Rather than a traditional initial public offering, Offerpad will be going public through a publicly traded Special Purpose Acquisition Company, commonly known as a SPAC or a blank-check company, by merging with Supernova Partners Acquisition Company (NYSE: SPNV).

Read the full subscription story from the Phoenix Business Journal.

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© 2024 Rose Law Group Reporter

Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.