0001193805-25-001397.txt : 20251002
0001193805-25-001397.hdr.sgml : 20251002
20251002163011
ACCESSION NUMBER: 0001193805-25-001397
CONFORMED SUBMISSION TYPE: SCHEDULE 13D/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20251002
DATE AS OF CHANGE: 20251002
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: Offerpad Solutions Inc.
CENTRAL INDEX KEY: 0001825024
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE AGENTS & MANAGERS (FOR OTHERS) [6531]
ORGANIZATION NAME: 05 Real Estate & Construction
EIN: 852800538
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SCHEDULE 13D/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-91784
FILM NUMBER: 251369663
BUSINESS ADDRESS:
STREET 1: 433 S FARMER AVE
STREET 2: SUITE 500
CITY: TEMPE
STATE: AZ
ZIP: 85281
BUSINESS PHONE: (844) 388-4539
MAIL ADDRESS:
STREET 1: 433 S FARMER AVE
STREET 2: SUITE 500
CITY: TEMPE
STATE: AZ
ZIP: 85281
FORMER COMPANY:
FORMER CONFORMED NAME: Supernova Partners Acquisition Company, Inc.
DATE OF NAME CHANGE: 20200916
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: LL Capital Partners I, L.P.
CENTRAL INDEX KEY: 0001663221
ORGANIZATION NAME:
EIN: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SCHEDULE 13D/A
BUSINESS ADDRESS:
STREET 1: C/O LL FUNDS, LLC
STREET 2: 2400 MARKET STREET, SUITE 302
CITY: PHILADELPHIA
STATE: PA
ZIP: 19103
BUSINESS PHONE: 267-298-5493
MAIL ADDRESS:
STREET 1: C/O LL FUNDS, LLC
STREET 2: 2400 MARKET STREET, SUITE 302
CITY: PHILADELPHIA
STATE: PA
ZIP: 19103
SCHEDULE 13D/A
1
primary_doc.xml
SCHEDULE 13D/A
0001663221
XXXXXXXX
LIVE
2
Class A Common Stock, $0.0001 par value per share
09/30/2025
false
0001825024
67623L109
OFFERPAD SOLUTIONS INC.
433 S. Farmer Avenue
Suite 500
Tempe
AZ
85281
Scott Powers
(267) 298-5495
2400 Market Street
Suite 302
Philadelphia
PA
19103
0001663221
N
LL Capital Partners I, L.P.
OO
N
DE
866372.00
0.00
866372.00
0.00
866372.00
N
2.8
PN
Based on 30,583,561 shares of Class A Common Stock, $0.0001 par value per share ("Common Stock") outstanding as of August 18, 2025, as disclosed in the Issuer's prospectus supplement Filed pursuant to Rule 424(b)(3), Registration No. 333-289758, dated September 2, 2025.
Y
SIF V, LLC
OO
N
DE
0.00
0.00
0.00
0.00
0.00
N
0
PN
Y
LLCP I SLP, L.P.
OO
N
DE
931385.00
0.00
931385.00
0.00
931385.00
N
3.05
PN
Based on 30,583,561 shares of Class A Common Stock, $0.0001 par value per share ("Common Stock") outstanding as of August 18, 2025, as disclosed in the Issuer's prospectus supplement Filed pursuant to Rule 424(b)(3), Registration No. 333-289758, dated September 2, 2025.
Y
LLSO SLP, LLC
OO
N
DE
16012.00
0.00
16012.00
0.00
16012.00
N
0.05
PN
Based on 30,583,561 shares of Class A Common Stock, $0.0001 par value per share ("Common Stock") outstanding as of August 18, 2025, as disclosed in the Issuer's prospectus supplement Filed pursuant to Rule 424(b)(3), Registration No. 333-289758, dated September 2, 2025.
0001770593
N
Roberto Sella
OO
N
X1
3903741.00
0.00
3903741.00
0.00
3903741.00
N
12.76
IN
Based on 30,583,561 shares of Class A Common Stock, $0.0001 par value per share ("Common Stock") outstanding as of August 18, 2025, as disclosed in the Issuer's prospectus supplement Filed pursuant to Rule 424(b)(3), Registration No. 333-289758, dated September 2, 2025.
Class A Common Stock, $0.0001 par value per share
OFFERPAD SOLUTIONS INC.
433 S. Farmer Avenue
Suite 500
Tempe
AZ
85281
This Amendment No. 2 ("Amendment No. 2") to Schedule 13D amends the Schedule 13D filed on September 13, 2021 (the "Original Filing") as amended by the Amendment No. 1 filed on April 5, 2023 ("Amendment No. 1" and together with the Original File and Amendment No. 2, the "Schedule 13D"). Except as otherwise specified in this Amendment No. 2, all items in the Original Schedule 13D, as amended by the Prior Amendment, are unchanged. All capitalized terms used in this Amendment No. 2 and not otherwise defined herein have the meanings ascribed to such terms in the Original Schedule 13D, as amended by the Prior Amendment.
The entities and persons filing this statement (collectively, the "Reporting Persons") are:
LL Capital Partners I, L.P.
LLCP I SLP, L.P.
SIF V, LLC
LLSO SLP, LLC
Roberto Sella
LL Capital Partners I, L.P. ("LL Capital"), a Delaware limited partnership, directly owns 866,372 shares of Common Stock. SIF V, LLC, a Delaware limited liability company, directly owns 0 shares of Common Stock. LLCP I SLP, L.P., a Delaware limited partnership and limited partner of LL Capital, directly owns 931,385 shares of Common Stock. LLSO SLP, LLC, a Delaware limited liability company and limited partner of LL Capital, directly owns 16,012 shares of Common Stock. LLCP I GP, LLC is the general partner of LL Capital and exercises voting and dispositive power over the shares held by LL Capital. LLCP I SLP GP, LLC is the general partner of LLCP I SLP, L.P., and exercises voting and dispositive power over the shares held by LLCP I SLP, L.P. Roberto Sella is the sole manager of LLCP I GP, LLC, managing member of LLCP I SLP GP, LLC, and sole member of LLCP I SLP, L.P. and LLSO SLP, LLC, and may be deemed to have voting and dispositive power over the shares held by the foregoing persons. Collectively, the reporting persons hold approximately 18.7% of the issued and outstanding Common Stock.
Item 3 of the Schedule 13D is hereby amended and restated as follows:
On September 30, 2025, LL Capital Partners I, L.P. SIF V, LLC each completed an in-kind distribution of 5,312,646 shares of Common Stock of the Issuer and 504,313 shares of Common Stock of the Issuer, respectively to the limited partners of LL Capital Partners I, L.P. and SIF V, LLC. Following this distribution, SIF V, LLC holds no shares of Common Stock of the Issuer. The distribution by LL Capital Partners I, L.P. included 931,385 shares to LLCP I SLP, L.P., 16,012 shares to LLSO SLP, LLC, and 764,858 shares to Roberto Sella.
The information contained in Rows 7, 8, 9, 10, 11, and 13 of each Reporting Person's cover page to this Schedule 13D (including the footnotes thereto), and in Items 2 and 3 of this amendment, are incorporated by reference into this Item 5.
Except as specifically stated herein, the filing of this Schedule 13D shall not be construed as an admission that any Reporting Person or any of the foregoing is, for the purposes of Section 13(d) and/or Section 13(g) of the Act or otherwise, the beneficial owner of any securities covered by this Schedule 13D or a member of a "group" with any other person.
The information contained in Rows 7, 8, 9, 10, 11, and 13 of each Reporting Person's cover page to this Schedule 13D (including the footnotes thereto), and in Items 2 and 3 of this amendment, are incorporated by reference into this Item 5.
On September 30, 2025, LL Capital Partners I, L.P. SIF V, LLC each completed an in-kind distribution of 5,312,646 shares of Common Stock of the Issuer and 504,313 shares of Common Stock of the Issuer, respectively to the limited partners of LL Capital Partners I, L.P. and SIF V, LLC. Following this distribution, SIF V, LLC holds no shares of Common Stock of the Issuer. The distribution by LL Capital Partners I, L.P. included 931,385 shares to LLCP I SLP, L.P., 16,012 shares to LLSO SLP, LLC, and 764,858 shares to Roberto Sella.
LL Capital Partners I, L.P.
/s/ Roberto Sella
Sole Manager
10/02/2025
SIF V, LLC
/s/ Roberto Sella
Sole Manager
10/02/2025
LLCP I SLP, L.P.
/s/ Roberto Sella
Managing Member
10/02/2025
LLSO SLP, LLC
/s/ Roberto Sella
Sole Manager
10/02/2025
Roberto Sella
/s/ Roberto Sella
Roberto Sella
10/02/2025