Offerpad Solutions Inc. ("Offerpad") (NYSE:OPAD), a leading tech-enabled platform for residential real estate, announced today that Offerpad is expected to be included in the Russell 2000® and 3000® Indexes effective at the open of U.S. equity markets on July 1, 2024. A preliminary list of index additions, including OPAD, was posted by FTSE Russell on May 24, 2024.
"We are pleased to be added to The Russell 2000 and 3000, a leading global index provider. We believe being a part of the index will raise visibility into Offerpad's real estate platform and our huge market opportunity to a broad range of quality investors," said Brian Bair, Offerpad's Chairman and CEO.