Renaissance Capital for The sponsor of DiamondHead is DHP SPAC-II Sponsor LLC, an entity controlled by David Hamamoto. In 2017, NorthStar merged with Colony Capital, a firm run by Mr. Trumps longtime ally Thomas J. Barrack Jr., to create a company with $58 billion in assets. Renaissance Capital LLC is an SEC-registered investment adviser. David Hamamoto. Diamond Head is a volcanic cone on the Hawaiian island of Oahu and is the most popular Hawaii State Park. The consulting firm said the technology was viable, and the deal came together in weeks. David Hamamoto lives in New York, NY; previous cities include Honolulu HI and Park City UT. 3.Additional Agreement.Antara Capital LP ("Antara") agrees in connection with the Share Repurchase Commitment contemplated by paragraph 1, upon receipt of a written request from David T. Hamamoto ("Mr. Hamamoto"), to make a loan to Mr. Hamamoto in an amount up to $2,500,000 pursuant to a five year unsecured promissory note, which shall bear interest of 8% per annum from the date such . DiamondHead Holdings Corp. 13 Jan 23. We are impressed with the scale and operational performance of GSH, and we are excited to work with the GSH team in continuing their growth as a public homebuilder. There can be no assurances that the minimum cash condition, which may be waived by GSH, will be satisfied. GSH is currently one of the largest homebuilders in the Southeast. DHP MARANA, LLC in Phoenix, AZ | Company Info & Reviews When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Diamondhead Holdings Corp. (DHHC) - Insider Monkey Type a symbol or company name. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 2023, Nasdaq, Inc. All Rights Reserved. Upon closing of the merger with Great Southern, DiamondHead (NASDAQ: DHHC) will be renamed United Homes Group and trade under the new ticker symbol "UHG." . He and Mr. Burns, who owns 26 percent of Lordstown, are bound by the merger agreement to hold on to their shares until October. Verition Fund Management LLC increased its holdings in shares of DiamondHead Holdings Corp. (NASDAQ:DHHC Get Rating) by 34.2% during the third quarter, HoldingsChannel.com reports. MarketBeat.com's FREE daily email newsletter, Kroger Shares Gap Up on Better-Than-Expected Earnings. DiamondHead Holdings Corp. (via Public) / Correspondence - Form CORRESP The firms declined to comment on their holdings. The most-recent trade in DiamondHead Holdings Corp is the acquisition of 250,000 shares on January 18, 2023, which cost David T Hamamoto around $3 Million. David T. Hamamoto Mr. Hamamoto has served as Chairman and Chief Executive Officer of DiamondPeak from inception and is the Founder of Diamond Head Partners, LLC which he established in 2017. On Thursday afternoon following the closure of US equity markets, a form 4 was filed for DiamondHead Holdings which revealed the group's CEO and Chairman David Hamamoto had bought more stock in . David Hamamoto in 2007. David Hamamoto, Chairman, co-CEO of DiamondHead Holdings Corp., commented: We are thrilled to partner with Michael Nieri and the GSH team and look forward to executing on our shared long-term vision. The Company currently has a presence in South Carolina and Georgia and focuses on providing high-quality, affordable homes for the entry-level and first move-up segments. DiamondHead Holdings Corp.(DHHCU) What followed was a swift merger, then a debacle that put two of the biggest forces shaping the financial world on a collision course. Erik Gordon, a business professor at the University of Michigan, said Mr. Hamamoto had an obligation to check into all aspects of Lordstown before signing the deal, including Mr. Burnss abilities to run a large public company. PDF United Homes Group ("UHG") Mizuho Markets Americas LLC purchased a new stake in DiamondHead in the third quarter worth $10,704,000. DiamondHead Holdings Corp. - DHHC / DiamondHead Holdings Corp. Class A As Docs:Size Issuer Filing Agent 11/18/22 DiamondHead Holdings Corp. PRE 14A 11/18/22 1:1.3M Toppan Merrill/FA Preliminary Proxy Statement Schedule 14A Filing Table of Contents The Company builds homes in South Carolina and Georgia, focusing on the entry level and first time move up home buyer segments. DiamondHead Holdings, the second blank check company led by David Hamamoto targeting businesses with growth potential, filed on Friday with the SEC to raise up to $300 million in an initial public . Diamond Head State Monument - Hawaii State Parks Honolulu, HI 96815. We look forward to supporting the companys growth trajectory and future M&A plans.. Chairman & Co -CEO DiamondHeadPartners. Martha M Hamamoto, 63 - New York, NY - Has Court or Arrest Records For purposes of the minimum cash condition, cash includes cash in the DiamondHead trust account after giving effect to redemptions (including the $25 million commitment to purchase and not redeem DHHC public shares from the DHHC sponsor group, including David Hamamoto and Antara Capital) and any other permitted financings obtained in connection with the completion of the transaction. Anyone can read what you share. Diamondhead Holdings Corp. - Team Diamondhead Holdings Corp. - Home At the same time, small investors have become a potent force in the markets, driving up the stock prices of companies like GameStop and lapping up shares of SPACs, which are highly speculative and can pose financial risks. DiamondHead Holdings Corp. 25 Jan 21. Upon closing of the merger with Great Southern, DiamondHead (NASDAQ: DHHC) will be renamed United Homes Group and trade under the new ticker symbol UHG., Michael Nieri, Founder and CEO of Great Southern Homes, said For over 20 years I have worked to build GSH into the leading Southeast homebuilder it is today. SEC Info - DiamondHead Holdings Corp. - 'PRE 14A' for 11/18/22 Mr. Hamamoto left the next year, selling stock worth $27 million. DiamondHead Holdings, CEO and Chairman 250 Park Avenue, New York, NY, 212-572-6260 . Lordstown went public in October via a merger with Mr. Hamamotos special purpose acquisition company, DiamondPeak Holdings. He is joined by CFO and Director Keith Feldman, formerCFO of NorthStar Realty Europe (NYSE: NRE) and Managing Director of Colony Capital. The company was incorporated in 2020 and is based in New York, New York. Mr. Hamamoto, 61, has owned or operated splashy hotels, office buildings and nursing homes, eventually teaming up with others to build a real estate investment firm, NorthStar Investment. The following positions have been held: Director; 2021 at Lordstown Motors Corp. Director; Officer; CEO, Chairman 2021 at DiamondHead Holdings Corp.; Director; Officer; Executive Vice Chairman 2017 at Colony NorthStar, Inc.; Insider 2017 at NorthStar Asset Management . DiamondHead Holdings Corp. (DHHC.U) Leadership & Management Team Some small investors continued to buy even as Lordstown unraveled. Mr. Troicky, who lost close to a million dollars on his investment, later said in his lawsuit that he had based his decision on my own research of publicly available information. A federal judge recently approved him as the lead plaintiff in the pending class-action lawsuit. SPAC DiamondHead Holdings prices $300 million IPO; David Hamamoto I figured G.M. It is illegal for insiders to make trades in their companies based on specific, non-public information. What Kind Of Shareholders Hold The Majority In DiamondHead - Yahoo! The company filed confidentially on November 5, 2020. . To specify this, check the privacy settings on your browser. Great Southern Homes to Go Public Through Merger With DiamondHead Assuming no redemptions from DHHC shareholders, the transaction will deliver approximately $320 million in cash proceeds, net of estimated transaction costs, to the combined company including a $25 million commitment to purchase and not redeem DHHC public shares from the DHHC sponsor group, including David Hamamoto and Antara Capital. On Thursday afternoon following the closure of US equity markets, a form 4 was filed for DiamondHead Holdings (NASDAQ:DHHC) which revealed the groups CEO and Chairman David Hamamoto had bought more stock in the blank check company ahead of its planned merger with Great Southern Homes. OTA Financial Group L.P. purchased a new stake in DiamondHead in the third quarter worth $235,000. All rights reserved. The clock was ticking for David Hamamoto. David Hamamoto - DiamondHead Holdings | ZoomInfo Relatives & Associates. Then, around nine months before his deadline, bankers from Goldman gave Mr. Hamamoto an enticing pitch: Lordstown Motors, the fledgling electric truck maker that President Donald J. Trump had hailed as a savior of jobs. DiamondHead is a special purpose acquisition company led by Co-CEO and Chairman David Hamamoto, who has over 40 years of experience in real estate investing, as well as operating both private and . David received a B. S. degree from Stanford University and a M. B. Tourist walkway in Diamond Head State Monument. DiamondHead Holdings, the second blank check company led by David Hamamoto targeting businesses with growth potential, filed on Friday with the SEC to raise up to $300 million in an initial public offering. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Press Release On Monday September 12th, 2022, it was publicly announced that Great Southern Homes (GSH), one of the largest homebuilders in the Southeast, entered into a definitive merger agreement with DiamondHead Holdings Corp., a special purpose acquisition company. David T Hamamoto - Insider Trading Tracker - Fintel DiamondHead Holdings Corp. does not have significant operations. The stock has a fifty day moving average of $10.09 and a 200-day moving average of $9.98. DiamondHead Holdings Corp. (Name of Issuer) Class A Common Stock, par value $0.0001 per share (Title of Class of Securities) 25278L105 (CUSIP Number) David T. Hamamoto. Lordstown Motors, the one-year-old Ohio electric automaker that revealed a pickup truck prototype in June, has reached a deal to merge with special-purpose acquisition company DiamondPeak Holdings . Insiders are officers, directors, or significant investors in a company. Uncover the latest insider trading activity for DiamondHead Holdings Corp. (DHHC). Martha Hamamoto currently lives in New York, NY; in the past Martha has also lived in Park City UT and Surfside FL. 74.00% of the stock is currently owned by institutional investors. Landscape Capital Management L.L.C. Goldman Sachs & Co. LLC is serving as book-running manager for the offering. DiamondHead Holdings Ownership - Simply Wall St Looking for David Hamamoto online? Verition Fund Management LLCs holdings in DiamondHead were worth $1,456,000 as of its most recent filing with the Securities and Exchange Commission. Employer Identification No.) Here's What DiamondHead Holdings Corp.'s (NASDAQ:DHHC) Shareholder . New York, New York. Mr. Hamamoto and Mr. Feldman have had a relationship for more than 15 years and average more than 30 years of real estate and alternatives investing experience across the public and private markets. In early August, news of the merger of DiamondPeak and Lordstown drove shares of the SPAC up 20 percent. The Registered Agent on file for this company is CT Corporation System and is located at 3800 North Central Avenue, Suite 460, Phoenix, AZ 85012. DiamondHead Holdings, the second blank check company led by David Hamamoto targeting businesses with growth potential, raised $300 million by offering 30 million units at $10. David Hamamoto is the CEO and Chairman of SPAC firm Diamondhead Holdings and. This page provides a comprehensive analysis of the known insider trading history of David T Hamamoto. DiamondHead Holdings Corp. is led by Chairman and CEO David T. Hamamoto and CFO and Director Keith Feldman. David T. Hamamoto - Biography - MarketScreener.com Chaos ensued. Date Owner Security . While the company has not selected a target industry or geography, DiamondHead Holdings plans to focus on businesses with compelling growth potential and competitive market position, strong management teams, among other characteristics. A longtime real estate investor and former Goldman Sachs executive decided to take an electric truck company public. DiamondHead and Antara Capital. Each unit consists of one share of common stock and one-fourth of a warrant, exercisable at $11.50. Description. DiamondHead Holdings, the second blank check company led by David Hamamoto targeting businesses with growth potential, raised $300 million by offering 30 million units at $10. The company's principal address is 4 Gatehall Dive . Insider Sales DHHC / DiamondHead Holdings Corp. Class A - Short . DiamondHead Holdings Corp. (via Public) / Management Change . This was a buyer beware situation, he said. Know which insiders are buying and selling along with top shareholders and ownership breakdown. Your IP: 149.202.91.162, Requested URL: www.builderonline.com/building/great-southern-homes-to-go-public-through-merger-with-diamondhead-holdings_o, User-Agent: Mozilla/5.0 (Windows NT 10.0; Win64; x64) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/103.0.0.0 Safari/537.36. Purchases New Holdings in Ball Co. (NYSE:BALL), Blueshift Asset Management LLC Sells 21,016 Shares of Dell Technologies Inc. (NYSE:DELL), Cary Street Partners Investment Advisory LLC Has $126,000 Stock Holdings in Yum China Holdings, Inc. (NYSE:YUMC). David Hamamoto - Chairman & Chief Executive Officer - Crunchbase Track SPACs on IPO Pro. GSH was the 25thranked starter-home builder and the 41stranked single-family detached home builder in the United States, respectively, based on 2021 home closings according toPro Builders 2022 Housing Giants Report. It was June 2020, and Mr. Hamamoto, a former Goldman Sachs executive who invested in real estate, was searching for a business to take public through a merger with his shell company.
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