UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.07 Submission of Matters to a Vote of Security Holders.
On August 31, 2021, Supernova Partners Acquisition Company, Inc. (the “Company”) held a special meeting of stockholders via remote communication (the “Special Meeting”) in connection with the Agreement and Plan of Merger dated March 17, 2021 (the “Merger Agreement”), by and among the Company, Orchids Merger Sub, Inc., a Delaware corporation and direct, wholly owned subsidiary of the Company (“First Merger Sub”), Orchids Merger Sub, LLC, a Delaware limited liability company and direct, wholly owned subsidiary of the Company (“Second Merger Sub”), and OfferPad, Inc., a Delaware corporation (“Offerpad”) providing for, among other things, and subject to the terms and conditions therein, a business combination between Offerpad and the Company pursuant by which (i) First Merger Sub will merge with and into Offerpad, with Offerpad being the surviving entity in the merger (the “First Merger”), and (ii) Offerpad will merge with and into Second Merger Sub, with Second Merger Sub being the surviving entity in the merger (the “Second Merger” and, together with the First Merger, the “Mergers” and, together with the other transactions contemplated by the Merger Agreement, the “Transactions” and the closing of the Transactions, the “Closing”). As of the close of business on August 12, 2021, the record date for the Special Meeting, there were 50,312,500 shares of the Company’s common stock, par value $0.0001 per share, (“Common Stock”) outstanding and entitled to vote, of which the holders of 36,886,002 shares of Common Stock were present or represented by proxy at the Special Meeting, which number constituted a quorum. Terms used but not defined herein shall have the meanings assigned to them in the Company’s proxy statement/prospectus dated August 12, 2021.
Set forth below are the final voting results for each of the matters submitted to a vote of the stockholders of the Company at the Special Meeting:
Proposal 1: The Business Combination Proposal.
A proposal to adopt the Merger Agreement and approve the transactions contemplated thereby and to approve the related agreements described in the Company’s proxy statement/prospectus.
| Votes Cast For |
Votes Cast Against |
Abstentions |
Broker Non-Votes | |||
| 34,342,933 | 2,492,246 | 50,823 | 0 |
Proposal 2: The Charter Proposal.
A proposal to approve and adopt the third restated certificate of incorporation of the Company (the “Proposed Charter”) in the form attached to the Company’s proxy statement/prospectus.
| Votes Cast For |
Votes Cast Against |
Abstentions |
Broker Non-Votes | |||
| 34,337,122 | 2,497,797 | 51,083 | 0 |
Proposal 3: The Governance Proposal.
A proposal to vote on, on a non-binding advisory basis, certain governance provisions in the Proposed Charter.
| Votes Cast For |
Votes Cast Against |
Abstentions |
Broker Non-Votes | |||
| 30,013,591 | 5,931,077 | 941,334 | 0 |
Proposal 4: The Incentive Plan Proposal.
A proposal to approve the Offerpad Solutions Inc. 2021 Incentive Award Plan.
| Votes Cast For |
Votes Cast Against |
Abstentions |
Broker Non-Votes | |||
| 34,130,138 | 2,702,490 | 53,374 | 0 |
Proposal 5: The ESPP Proposal.
A proposal to approve the Offerpad Solutions Inc. Employee Stock Purchase Plan.
| Votes Cast For |
Votes Cast Against |
Abstentions |
Broker Non-Votes | |||
| 34,332,513 | 2,500,307 | 53,182 | 0 |
Proposal 6: The NYSE Proposal.
A proposal to approve, for purposes of complying with the applicable provisions of NYSE Rule 312, the issuance of more than 20% of the Company’s issued and outstanding shares of common stock and the issuance of shares of common stock and warrants to related parties of the Company, in each case in connection with the Transactions.
| Votes Cast For |
Votes Cast Against |
Abstentions |
Broker Non-Votes | |||
| 34,336,699 | 2,497,617 | 51,686 | 0 |
Proposal 7: The Adjournment Proposal.
A proposal to approve the adjournment of the Special Meeting to a later date or dates, if necessary to permit further solicitation and vote of proxies in the event that there are insufficient votes for, or otherwise in connection with, the approval of the Business Combination Proposal, the Charter Proposal, the Governance Proposal, the Incentive Plan Proposal, ESPP Proposal and the NYSE Proposal.
| Votes Cast For |
Votes Cast Against |
Abstentions |
Broker Non-Votes | |||
| 33,046,277 | 3,783,488 | 56,237 | 0 |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| SUPERNOVA PARTNERS ACQUISITION COMPANY, Inc. | ||||||
| Dated: August 31, 2021 | By: | /s/ Michael Clifton | ||||
| Name: | Michael Clifton | |||||
| Title: | Chief Financial Officer | |||||