Successfully merged with OfferPad, Inc. • Now trading as OPAD
SPAC Overview
$403M
IPO Size
Completed
Current Status
2020
IPO Year
Timeline Progress
- Registration2020-09-16 Filed S1
- IPO2020-10-22 IPO, search begins
- Definitive Agreement2021-03-17 Agreement for merger
- Completed2021-09-01 Merger Completed
About
A newly formed blank-check company seeking to combine with an advantaged growth company benefiting from thematic shifts and tech-enabled trends. It intends to seek a company in the broader technology sector, with no target yet selected.
Investment Focus
Technology
The terms and the filing trail behind Supernova Partners Acquisition Company, Inc.
What the sponsor registered, what the deal actually priced at, and every 8-K that moved it — unit structure, sponsor promote, and the dated lifecycle events, each linked to its filing.
- Unit structure as registered and as priced — price, warrant coverage, rights, trust per unit
- Sponsor promote: founder shares and percentage, private-placement warrants, trust deposit
- The full 8-K lifecycle timeline, each event linked to its filing
- Price history across the unit, share and warrant tickers
- Follow it, and see it change on your watchlist
SPAC Team
Sponsors
Leadership
Alexander M. Klabin
Co-Chair, Director
Brian Bair
Chairman of the Board of Directors, Chief Executive Officer
Spencer M. Rascoff
Co-Chair
Robert D. Reid
Chief Executive Officer, Director
Michael S. Burnett
Chief Financial Officer
Michael S. Clifton
Chief Financial Officer
Benjamin Adam Aronovitch
Chief Legal Officer
Stephen Michael Johnson
Chief Operating Officer
Damien Hooper-Campbell
Director
Gregg Renfrew
Director
James Lanzone
Director
Katherine Curnutte
Director
Kenneth A. Fox
Director
Kenneth D. Degiorgio
Director
Rajeev Singh
Director
Roberto Marco Sella
Director
Ryan O'Hara
Director
Sheryl Palmer
Director
Jerry Coleman
Beneficial owner
Ashlee Anderson
Bonnie Simonton
Casey Bair
Scott Simonton
Vaughn Bair
Underwriters
Extended Team Information
The team includes entrepreneurs and operators with experience scaling Zillow and co-founding Hotwire, investment experience at Senator Investment Group, Blackstone and Carlyle, and complementary operating, acquisition and investment backgrounds.
Stock Performance
OPAD
Trading Symbol
First Trade
December 11, 2020
$1.10
At Merger
September 2, 2021
$0.90
-18%
6 Months Post-Merger
March 7, 2022
$0.41
-54%
1 Year Post-Merger
September 6, 2022
$0.14
-85%
2 Years Post-Merger
September 5, 2023
$1.14
+27%
Current Price
October 1, 2026
$3.31
+202%
Key Information
IPO Date
October 22, 2020
Total Redemptions
$369M
PIPE
$200M
SIC
6770
Completion Date
September 1, 2021
Merger Target
OfferPad, Inc.
SPAC Ticker
SPNV
Merged Ticker
OPAD