Offerpad Introduces 1-Prevent Digital Serious Estate Options in Indiana | Technological know-how

PHOENIX–(Business enterprise WIRE)–Jul 13, 2021–

Offerpad, the tech-enabled Genuine Estate Answers Centre and a primary iBuyer, is empowering residence consumers and sellers in Indianapolis, Indiana’s extremely competitive authentic estate market place with new, simpler means to buy and promote residences. The corporation declared its growth into the Midwest earlier this yr, with Indianapolis as its first foray into the region. Offerpad also has announced strategies to prolong its electronic property advertising and purchasing alternatives to more Midwest markets which includes Kansas City, Missouri St. Louis, Missouri and Columbus, Ohio later this 12 months.

This press release features multimedia. Look at the complete release in this article: https://www.businesswire.com/information/dwelling/20210713005447/en/

Offerpad, the tech-enabled True Estate Answers Middle and a top iBuyer, is empowering property potential buyers and sellers in Indianapolis, Indiana’s really competitive authentic estate market with new, simpler techniques to purchase and provide homes. The firm introduced its enlargement into the Midwest before this year, with Indianapolis as its initial foray into the area. (Graphic: Business Wire)

“We are energized to convey Offerpad’s Authentic Estate Answers Middle to Indianapolis – this is a milestone marketplace for us! In addition to remaining our to start with Midwest marketplace, this growth can take Offerpad’s modern solutions to much more than 1,000 cities and cities throughout the state,” claimed Offerpad’s Indianapolis Market Normal Supervisor Vinson Abraham. “Whether by acquiring a aggressive funds provide in just 24 hrs or listing the house with our regional sector Methods Professionals, Indianapolis-spot household sellers can now gain from Offerpad’s renowned ease and adaptability.”

The company’s existence in Indianapolis spans a extensive radius blanketing significantly of central Indiana from parts north of Indianapolis suitable, this sort of as Carmel – in which it expects to open up its nearby business office – Fishers, Noblesville and Westfield, as effectively as other key places such as Avon, Wide Ripple, Brownsburg, Greenwood, Lawrence and several areas in between.

Offerpad also proceeds to employ nearby authentic estate agents to join its Indianapolis staff, as properly as specialists in house renovations and other operations.

In addition to aiding regional home buyers and sellers, Offerpad is an ally to the genuine estate agent group. Indianapolis agents throughout the metro spot are invited to lover with Offerpad to guide their customers on the sale of their residence and gain a 3% referral price in the method. Homebuilders in Indianapolis can also gain from Offerpad’s Homebuilders Providers software, which allows builders to eradicate house contingencies for their buyers and aid them close far more gross sales.

About Offerpad

Offerpad is applying technological know-how-enabled answers throughout its electronic system to remake the household offering and shopping for encounter. With firsthand true estate encounter and making use of effective proprietary technological know-how, the corporation gives a number of consumer-concentrated options including immediate hard cash features and superior home listing services. Offerpad is a privately held enterprise headquartered in Chandler, Arizona, operating throughout the nation in 1,000+ cities and cities. Visit Offerpad.com for more details.

Ahead Seeking Statements

Selected statements in this press release may well be regarded forward-looking statements. Ahead-seeking statements typically relate to foreseeable future activities or Offerpad’s foreseeable future money or working performance. For case in point, statements about Offerpad’s sector growth designs, are ahead-seeking statements. In some conditions, you can identify ahead-looking statements by terminology this kind of as “pro forma,” “may,” “should,” “could,” “might,” “plan,” “possible,” “project,” “strive,” “budget,” “forecast,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “potential” or “continue,” or the negatives of these terms or variations of them or very similar terminology. These types of forward-hunting statements are issue to challenges, uncertainties, and other aspects which could trigger real outcomes to vary materially from individuals expressed or implied by these kinds of ahead-on the lookout statements. These ahead-wanting statements are centered upon estimates and assumptions that, when thought of sensible by Offerpad and its management, are inherently unsure. Variables that might lead to actual success to differ materially from present expectations include things like, but are not restricted to: the result of any lawful proceedings that could be instituted towards Supernova Companions Acquisition Organization (“Supernova”), Offerpad, the merged enterprise or other people adhering to the announcement of the small business blend and any definitive agreements with regard thereto the lack of ability to comprehensive the company mix owing to the failure to acquire approval of the stockholders of Supernova or to fulfill other conditions to closing adjustments to the proposed composition of the company mix that might be expected or acceptable as a consequence of relevant guidelines or restrictions or as a situation to obtaining regulatory approval of the business blend the means to meet up with stock trade listing expectations following the consummation of the organization mixture the hazard that the organization mixture disrupts current options and operations of Offerpad as a final result of the announcement and consummation of the enterprise mixture the capacity to realize the anticipated advantages of the business enterprise blend, which may be influenced by, between other factors, levels of competition, the means of the combined corporation to improve and take care of advancement profitably, retain associations with shoppers and suppliers and retain its management and crucial personnel prices associated to the company mix variations in relevant regulations or laws the capacity to answer to typical economic problems the wellbeing of the U.S. household genuine estate business the ability to improve industry share in existing markets or any new markets the impact of the COVID-19 pandemic the ability to take care of progress correctly the capacity to correctly value and regulate stock, and to manage an suitable and attractive supply of inventory the ability to successfully start new product or service and service choices, and to regulate, develop and refine the engineering system and other threats and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Notice Relating to Forward-Seeking Statements” in the registration assertion on Type S-4 and proxy statement/prospectus talked about below and other files submitted by Supernova from time to time with the Securities and Trade Fee (the “SEC”).

Nothing at all in this push launch should be regarded as a illustration by any man or woman that the ahead-on the lookout statements established forth herein will be realized or that any of the contemplated outcomes of these ahead-wanting statements will be obtained. You ought to not place undue reliance on ahead-searching statements, which talk only as of the date they are designed. Offerpad does not undertake any duty to update these ahead-seeking statements.

Extra Information and facts and In which to Obtain It

Supernova has submitted a registration assertion on Type S-4 with the SEC, which includes a proxy assertion/prospectus, that will be the two the proxy statement to be distributed to holders of Supernova’s widespread inventory in link with its solicitation of proxies for the vote by Supernova’s stockholders with respect to the proposed business enterprise combination and other matters as explained in the registration assertion, as very well as the prospectus relating to the present and sale of the securities to be issued in the enterprise mix. Immediately after the registration assertion is declared successful, Supernova will mail a definitive proxy statement/prospectus and other applicable documents to its stockholders. This push release does not include all the data that ought to be regarded concerning the proposed business combination and is not intended to sort the basis of any investment determination or any other conclusion in respect of the company mix. Supernova’s stockholders and other fascinated people are encouraged to examine, when offered, the preliminary proxy assertion/prospectus included in the registration assertion and the amendments thereto and the definitive proxy assertion/prospectus and other files filed in connection with the proposed small business combination, as these products will contain essential information and facts about Offerpad, Supernova and the business blend. When readily available, the definitive proxy statement/prospectus and other suitable resources for the proposed company blend will be mailed to stockholders of Supernova as of a record day to be set up for voting on the proposed company combination. Stockholders will also be able to acquire copies of the preliminary proxy statement, the definitive proxy assertion and other documents submitted with the SEC, with no cost, as soon as out there, at the SEC’s web site at www.sec.gov, or by directing a request to Supernova’s secretary at 4301 50th Road NW, Suite 300 PMB 1044, Washington, D.C. 20016, (202) 918-7050.

Contributors in the Solicitation

Supernova and its directors and executive officers may possibly be deemed individuals in the solicitation of proxies from Supernova’s stockholders with regard to the proposed enterprise mixture. A listing of the names of these directors and govt officers and a description of their interests in Supernova is contained in Supernova’s registration assertion on Kind S-4, which is available absolutely free of cost at the SEC’s website at www.sec.gov. To the extent these kinds of holdings of Supernova’s securities may well have improved since that time, these improvements have been or will be reflected on Statements of Adjust in Ownership on Variety 4 submitted with the SEC.

Offerpad and its directors and executive officers may possibly also be considered to be contributors in the solicitation of proxies from the stockholders of Supernova in relationship with the proposed small business blend. A listing of the names of all those administrators and executive officers and details regarding their pursuits in the proposed business mixture is contained in Supernova’s registration assertion on Type S-4, which is accessible free of charge of cost at the SEC’s internet site at www.sec.gov.

No Provide or Solicitation

This press release does not represent (i) a solicitation of a proxy, consent or authorization with regard to any securities or in respect of the proposed enterprise combination or (ii) an offer you to market, a solicitation of an give to obtain, or a advice to order any security of Supernova, Offerpad, or any of their respective affiliates.

#OPAD—Expansion

Watch supply edition on businesswire.com:https://www.businesswire.com/information/house/20210713005447/en/

David Stephan,[email protected]

Keyword: UNITED STATES NORTH The usa INDIANA ARIZONA

Market Key phrase: Know-how OTHER Development & Property Household Building & True ESTATE Software package Building & Property World wide web

Supply: Offerpad

Copyright Company Wire 2021.

PUB: 07/13/2021 09:04 AM/DISC: 07/13/2021 09:04 AM

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