March 18, 2021
Offerpad, Inc., a leading tech-enabled real estate solutions platform, has announced that it has entered into a definitive merger agreement with Supernova Partners Acquisition Company, Inc. (Supernova) (NYSE:SPNV), a publicly traded special purpose acquisition company. When the transaction closes, the publicly traded company will be named Offerpad Solutions Inc., and its Class A common stock is expected to be listed on the New York Stock Exchange under the ticker “OPAD”.
Latham & Watkins LLP represents Offerpad in the transaction with a corporate team led by M&A partners Justin Hamill and Josh Dubofsky and capital markets partners Marc Jaffe and Drew Capurro, with M&A associates Nima Movahedi, Madison Mapes, Josh Reisman, and Nolan Fargo; and capital markets associates Benjamin Sosin, Jacob Walsh, and Caitlin Nguyen. Advice was also provided on tax matters by partner Lisa Watts, with associate Eric Kamerman; on benefits and compensation matters by partner Michelle Carpenter, with associates Jordan David and Peter Bassine; on public company representation matters by partner Jenna Cooper and counsel Andra Troy; on real estate matters by partner Meghan Cocci, with associate Tiffany Taubman; on intellectual property matters by partner Ghaith Mahmood and counsel Jia Jia Huang, with associate Nicole Nour; on data privacy and security matters by partner Jennifer Archie, with associate James Smith; on finance matters by partner Scott Ollivierre; and on antitrust matters by partner Mandy Reeves, and counsels Peter Todaro and Joseph Simei.