Private placement with existing investors including CEO Brian Bair extends the company’s cash burn runway by six months to a year, KBW analysts say.
Source: Inman News
Offerpad buys more time with $90M raise as end of runway approaches
Published in Brian Bair, first american, First American Financial Corp., ibuyer, ibuying, Industry News, Keefe Bruyette & Woods, Mortgage, offerpad, Roberto Sella, Ryan Tomasello, Select, spencer rascoff and venture capital
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