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