Supernova Partners Acquisition (SPNV) to Take Offerpad Public at $3 Billion Valuation - Bloomberg

March 18, 2021 8:56 AM EDT
Get Alerts SPNV Hot Sheet
Price: $10.06 -0.2%

Overall Analyst Rating:
    SELL (= Flat)

Trade Now! 
Join SI Premium – FREE

News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here.

(Updated - March 18, 2021 8:59 AM EDT)

Offerpad, which helped pioneer a tech-driven method of selling homes, agreed to be acquired by Supernova Partners Acquisition Company Inc. (NYSE: SPNV) in a deal that gives the startup a post-transaction value of $3 billion, according to a report from Bloomberg. The deal adds $600 million to Offerpad's balance sheet.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Hot M&A, Mergers and Acquisitions, Rumors, SPAC