Great Southern Homes, Inc. To Become A Public Company Through A Business Combination With DiamondHead Holdings Corp. Under The Name United Homes Group, Inc.
Author: Benzinga Newsdesk | September 12, 2022 06:08am
Business combination creates a high growth, land-light publicly traded homebuilder
GSH has a 20+ year operating history and the combined company will be positioned to benefit from the favorable in-migration and demographic trends in the southeast United States
GSH shareholders will convert 100% of their shares into shares of the combined company alongside $25 million of committed capital from the DHHC sponsor group, including David Hamamoto and Antara Capital