United Homes Group, Inc. Announces Pricing of Secondary Public Offering of Shares of Class A Common Stock
United Homes Group, Inc - Class A (UHG)
Company Research
Source: Business Wire
COLUMBIA, S.C.--(BUSINESS WIRE)--United Homes Group, Inc. (the “Company”) (NASDAQ: UHG) today announced the pricing of a secondary underwritten public offering (the “Offering”) of 7,420,057 shares of the Company’s Class A common stock (the “Offered Shares”) at a public offering price of $5.00 per share. Of the Offered Shares, 1,448,200 are being purchased by the Company’s Executive Chairman, the Company’s Interim CEO, affiliates of Kennedy Lewis Agency Partners, LLC (“Kennedy Lewis”) and certain other persons identified by management, and the remainder are being purchased by institutional investors.The Offering consists entirely of shares to be issued by the Company to holders (the “Selling Stockholders”) of the Company’s convertible notes payable (the “Notes”) pursuant to a redemption of the Notes (as described below) and is expected to close on December 11, 2024, subject to the satisfaction of certain customary conditions. The underwriter will have a 30-day option to purchase up
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UHG
News
- United Homes Group Third Quarter 2024 Earnings: US$0.15 loss per share (vs US$3.12 profit in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
- United Homes Group Inc (UHG) Q3 2024 Earnings Call Highlights: Strong Revenue Growth Amidst ... [Yahoo! Finance]Yahoo! Finance
- United Homes Group, Inc. Reports 2024 Third Quarter ResultsBusiness Wire
- United Homes Group to Release Third Quarter 2024 Results on Friday, November 8, 2024Business Wire
- United Homes Group Announces Executive Leadership ChangesBusiness Wire
UHG
Sec Filings
- 12/20/24 - Form 8-K/A
- 12/17/24 - Form SC
- 12/17/24 - Form 3
- UHG's page on the SEC website