SEC Info - Hamamoto David T - 'SC 13D' on 2/6/23 re: DiamondHead 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. Total SPAC deal count for 2021 year-to-date is now 74 with $20.98 billion in gross proceeds raised. David T. Hamamoto - Biography - MarketScreener.com 2023 Renaissance Capital LLC. He was eager to do a deal. Additionally, it plans to focus on businesses with enterprise values between $350 million and $2 billion. Now Lordstown is flailing. . SEC Info - DiamondHead Holdings Corp. - 'PRE 14A' for 11/18/22 DiamondHead Holdings Corp. announced the pricing of its $300 million IPO this morning and its units are expected to begin trading on the Nasdaq under the symbol DHHCU today, January 26. David Hamamoto is the CEO and Chairman of SPAC firm Diamondhead Holdings and. MERGER IMAGE: David Hamamoto & Mike Satterfield DATE: 09/12/2022 COMPANIES: Great Southern Homes, Inc & DiamondHead Holdings Corp VALUATION: $572,000,000 Wed be lying to ourselves if we thought this was a fair market., Behind the Lordstown Debacle, the Hand of a Wall Street Dealmaker, https://www.nytimes.com/2021/07/13/business/lordstown-motors-dealmaker.html. Martha Hamamoto currently lives in New York, NY; in the past Martha has also lived in Park City UT and Surfside FL. 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 . Reviews. In February, Lordstowns president and its former finance chief were among those who sold about $8 million in stock. Person, a natural person, is the Chairman and Co-Chief Executive Officer of the Issuer, and the managing member of Diamond Head Partners LLC. Founder of Diamond Head Partners LLC New York, New York . His special purpose acquisition company, DiamondPeak Holdings, merged with Lordstown Motors. We believe there continues to be a massive undersupply of single family homes in the U.S., especially in starter and first move up products which will result in significant demand for the foreseeable future. Discovery Communications' David Zaslav tops the list -- with . The company has burned through hundreds of millions of dollars in cash. DiamondHead Holdings Corp. has a fifty-two week low of $9.74 and a fifty-two week high of $10.99. David Hamamoto lives in New York, NY; previous cities include Honolulu HI and Park City UT. This cookie is a text file stored on your computer that is used for analytic web usage information. Recent insider trades. The transaction also provides that additional Sponsor shares will become subject to the earn-out to the extent there is not $100 million of common stock at closing (including shares of common stock not redeemed, newly issued common stock and common stock subject to any convertible securities issued by DHHC prior to the closing). DiamondPeak will be led by David Hamamoto, the former founder of the Northstar Companies, which was sold to Colony Capital (NYSE: CLNY) in January of 2017. Neither Mr. Hamamoto nor his representatives talked to executives at Workhorse about Mr. Burnss stewardship or what had motivated him to suddenly resign and later pursue the factory in Ohio, a person briefed on the merger process said. Get your FREE TRIAL now. DiamondHead Holdings Corp. is a blank check special purpose acquisition company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company's principal address is 4 Gatehall Dive . We believe GSH is a best in class operator with significant potential to grow throughout the United States. we can see that the largest shareholder is the CEO David Hamamoto with 20% of shares outstanding. Each unit consists of one share of common stock and one-fourth of a warrant, exercisable at $11.50. kauai obituaries july 2020 DHHCU. Diamondhead Holdings Corp. (DHHC) - Insider Monkey Owens Corning (NYSE:OC) Shares Sold by Capital Fund Management S.A. Nucor Co. (NYSE:NUE) Shares Sold by Blueshift Asset Management LLC, Stratasys Ltd. (NASDAQ:SSYS) Stock Holdings Lifted by AlphaCrest Capital Management LLC, Blueshift Asset Management LLC Lowers Stock Position in Urban Outfitters, Inc. (NASDAQ:URBN). Lordstown Motors Investors Sue Executives, Directors, Alleging 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. At the rollout of Lordstowns Endurance truck on June 25, 2020 which was attended by Mr. Hamamoto and Goldman bankers, who by then were deep in merger talks with Lordstown Mr. Burns was quoted in TechCrunch saying the company already had 20,000 pledges to order its truck and planned to begin producing the vehicle by summer 2021. Small investors, who have become active players in the stock market in recent years, were among those driving up the price. (800) 464-2924. Looking for David Hamamoto online? David T Hamamoto - Insider Trading Tracker - Fintel DiamondHead Holdings Ownership - Simply Wall St The new company aims to have a broad search focus but intends to identify and acquire a business that could benefit from a hands-on partner with extensive operational, capital markets and investment management experience. Goldman, which was working with Mr. Hamamoto and arranged $500 million in additional financing for the acquisition, ran only a standard background check on Mr. Burns a public-records search that took more effort than simply looking him up on Google but stopped short of any interviews, a person familiar with the banks activities said. Tudor Investment Corp Et Al Increases Holdings in Artivion, Inc. BlackRock Inc. Provide free DIAMONDHEAD HOLDINGS CORP C/WTS 28/01/2028 (TO PUR COM)(DHHCW) major events announcements, including the company's latest resolutions of the general meeting of shareholders, notices of board meeting, important performance progress and other announcements. Renaissance Capital LLC is an SEC-registered investment adviser. 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. Verition Fund Management LLC's holdings in DiamondHead were worth $1,456,000 as of [] In an I.P.O., a company is held to strict reporting standards about its finances and prospects. Comprehensive performance, salary and tenure analysis for the CEO, board and leadership team. By the time Goldman took Lordstown to him, Mr. Hamamotos team had lost out on several other opportunities, a person familiar with the matter said. 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. David Hamamoto. David Hamamoto is a Chairman Chairman's Search Committee at Lordstown Motors based in Lordstown, Ohio. 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. DiamondHead Holdings Corp.(DHHCU) - Moomoo Diamondhead Holdings Corp. (DHHC) latest news, insider trading and hedge fund ownership data provided by Insider Monkey. This page provides a comprehensive analysis of the known insider trading history of David T Hamamoto. A. from Wharton School of Business at the University of Pennsylvania. 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. Hamamoto David T Insdier Trading Report - Form 4 Filings diamondhead holdings corp c/wts 28/01/2028 (to pur com)(dhhcw) If he couldnt close a deal soon, he would have to return the money. DiamondHead Holdings Corp. does not have significant operations. Mr. Burns, who fancied himself as the next Elon Musk, was known as a persuasive talker, prone to hyperbole, former Lordstown employees said. In November, Mr. Burns said there were 50,000 serious orders, and in January the number shot up to 100,000. But Mr. Hamamoto didnt focus much on assessing the work experience of Lordstowns management team, including Mr. Burns, who would continue to run the company after the SPAC merger, two people familiar with the matter said. Finally, Bank of Montreal Can increased its position in DiamondHead by 14.8% in the third quarter. David Hamamoto was the founder and Chairman of the previously publicly-traded NorthStar real estate related companies: NorthStar Realty Finance Corp., NorthStar Asset Management Group, Inc. and NorthStar Realty Europe Corp. Latest SPAC Liquidations: VPC Impact Acquisition Holdings II VPC Impact Acquisition Holdings II(VPCB) to Liquidate on March 9 VPC Impact Acquisition Holdings II (NASDAQ: VPCB) today announced that it will redeem all of its outstanding Class A ordinary shares on March 21. incorporation) 250 Park Ave, 7th Floor. 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. But the venture started to tank shortly after the deal closed. David Hamamoto. In early 2019, he launched his SPAC, DiamondPeak, with the intention of merging with a real estate business. Wolverine Asset Management LLC now owns 359,579 shares of the companys stock worth $3,541,000 after buying an additional 213,819 shares during the last quarter. The clock was ticking for David Hamamoto. The company is led by CEO and ChairmanDavid Hamamoto, founder ofDiamond Head Partners and formerExecutive Vice Chairman of Colony Capital. Verition Fund Management LLC Acquires 37,626 Shares of DiamondHead Learn about DiamondHead Holdings Corp. (DHHC.U) stock's management team. Two people briefed on the matter said Mr. Burns was already considering a new venture. Plum I (NASDAQ:PLMI) has entered into a definitive agreement to combine with additive manufacturing battery company Sakuu at an enterprise value of $705 million. Good technology isnt enough, Mr. Gordon said. The transaction includes an earn-out provision pursuant to which GSH stockholders are entitled to receive up to an aggregate maximum of 20 million additional shares, over a five year period, as and when the share price of the combined company reaches certain thresholds. Each unit consists of one share of common stock and one-fourth of a warrant, exercisable at $11.50. 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 . David T Hamamoto Net Worth (2023) - GuruFocus.com Purchases New Holdings in Ball Co. Kroger (NYSE:KR) Shares Gap Up on Better-Than-Expected Earnings, AlphaCrest Capital Management LLC Trims Position in Best Buy Co., Inc. (NYSE:BBY), AlphaCrest Capital Management LLC Sells 26,238 Shares of Hormel Foods Co. (NYSE:HRL), Burlington Stores, Inc. (NYSE:BURL) Shares Sold by Eaton Vance Management, Tudor Investment Corp Et Al Increases Holdings in Artivion, Inc. (NYSE:AORT), BlackRock Inc. 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 . Hamamoto's previous SPAC, DiamondPeak Holdings, went public in February 2019 and completed its merger with EV pickup truck developer Lordstown Motors(RIDE; +132% from $10 offer price) in October 2020. In the past, Martha has also been known as Martha Hamamoto David, Martha Hamamotto, Martha Meeker, Martha H Meeker and Martha H Hamamoto. bulletin board houses for rent montgomery, al; lorex notifications not working; matt fraser psychic net worth; why are canned peaches orange; connor mcdavid house address Its stock price has plunged to $9, from around $31. A number of other hedge funds have also bought and sold shares of the business. David Hamamoto, Chairman and 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.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. DiamondHead's CEO/Chairman Buys Another 250K Shares Before Merger With GSH is currently one of the largest homebuilders in the Southeast. The following month, SEC filings showed Hamamoto sold off large chunks of his shares at prices as high as $12 per unit, making $27 million. Great Southern Homes to Go Public Through Merger With DiamondHead These symbols will be available throughout the site during your session. David T Hamamoto, 62 - New York, NY - Has Court or Arrest Records - MyLife It happens all the time, everywhere, he said. Although he had previously run a public company, the electric vehicle start-up Workhorse Group, his record there was spotty. DIAMONDHEAD HOLDINGS CORP. (Exact name of registrant as specified in its charter) Delaware: 001-39936: 85-3460766 (State or other jurisdiction of (Commission File Number) (I.R.S. Name Age Title; David T. Hamamoto 61: Chairman and Co-CEO: Keith Feldman 44: CFO: Judith A. Hannaway 67: Director: Our growth plans include both continued organic expansion as well as becoming a merger partner of choice for smaller regional homebuilders located in high growth markets. 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. We may also collect analytic tracking information about your visits to our website. I (PLMI) to Combine with Sakuu in $705M Deal. Silicon Valley-based Sakuu makes solid-state and lithium metal batteries for complex active devices using proprietary additive manufacturing processes. The obligation of GSH to complete the transaction is subject to a minimum cash condition of $125 million. Minimal Gear Needed. 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. 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 . 10177 (Photo Credit: Jamison Logan / Shutterstock.com) 5. Diamondhead Holdings Corp. - Home PDF United Homes Group ("UHG") 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. 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. To specify this, check the privacy settings on your browser. Marcum LLP serves as auditor. The transaction is expected to close during the first quarter of 2023. David T. Hamamoto. CEO Purchases DiamondHead Shares. 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 Diamond Head Rd. As a subscriber, you have 10 gift articles to give each month. In addition, approximately 2.1 million shares owned by the Sponsor currently will be subject to the earn-out. This morning, DiamondPeak Holdings Corp. (DPHCU) filed for a $250 million SPAC IPO focused on the real estate sector. United Homes Group - Announcement Thats exactly when BlackRock and other early Wall Street investors as well as top company executives, who all got their shares cheaply before the merger began to sell some of their holdings. MarketBeat.com's FREE daily email newsletter, Kroger Shares Gap Up on Better-Than-Expected Earnings. Form S-4/A (registration of securities, business combinations) filed with the SEC The cookie may also be used to present advertising tailored to your web usage. David Hamamoto is the CEO and Chairman of SPAC firm Diamondhead Holdings and. SPAC DiamondHead Holdings prices $300 million IPO; David Hamamoto We do know that it's a SPAC formed by the energy-investing group at Silverpeak Capital, a New York-based private equity firm; and David Hamamoto, a serial entrepreneur with a long track record of . David Hamamoto in 2007. Law360 (March 8, 2022, 8:22 PM EST) -- A Delaware vice chancellor has refused to stay a stockholder suit challenging electric vehicle maker Lordstown Motors Corp.'s $1.6 billion merger with . Additionally, it plans to focus on businesses with enterprise values between$350million and $2 billion. David Hamamoto - DiamondHead Holdings | ZoomInfo Hamamoto, for example, sold 1 million shares at $16.38 per unit for a total of $16.38 million on Oct. 22, 2020 . 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. DiamondHead Holdings Corp. is led by Chairman and CEO David T. Hamamoto and CFO and Director Keith Feldman. Millennium Management, a hedge fund firm, and Fidelity, a mutual fund company, also reduced their stakes, filings show. By contrast, SPAC mergers give companies that would find it challenging to go public on their own an easier path to the public markets. Recently, federal prosecutors in Manhattan opened their own inquiry. Hamamoto David T insider ownership history Insider history. 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 . Give Hamamoto props for checking out the technology, but not checking out the jockey of the horse is an astonishing due-diligence failure., A representative for Mr. Hamamoto said, DiamondPeak performed extensive due diligence of Lordstown., Mr. Hamamoto declined to be interviewed. I was willing to overlook a lot of things because of the affiliation with G.M. DiamondHead Holdings Corp. 19 Jan 23. DiamondHead Holdings was founded in 2020 and plans to list on the Nasdaq under the symbol DHHCU. Joe Lukens, a high school friend of Mr. Burnss who owns more than 400,000 shares in Lordstown, said he remained a big believer in Mr. Burnss initial vision. Founder of Northstar Asset Management Group, Inc., NorthStar Realty Europe Corp., NorthStar Capital Investment Corp. and Diamond Head Partners LLC, David T. Hamamoto is an entrepreneur and businessperson who has been at the helm of 15 different companies and presently is Chairman for Northstar Europe SA, Chairman at Ns Real . DiamondHead and Antara Capital. Hamamoto David T Stock Data, Filings, Earnings, News & Transcripts Renaissance Capital for He resigned as chief executive in June. Great Southern Homes (GSH) is one of the largest and most established homebuilders in the Southeast, having built more than 11,000 homes over the last two decades. Zoom Video Communications, Inc. (NASDAQ:ZM) Shares Acquired by BlackRock Inc. BlackRock Inc. Lowers Position in APA Co. (NASDAQ:APA), Piper Sandler Boosts Duolingo (NYSE:DUOL) Price Target to $127.00, BlackRock Inc. Cuts Holdings in NortonLifeLock Inc. (NASDAQ:NLOK), Altair Engineering Inc. (NASDAQ:ALTR) Insider Sells $161,325.00 in Stock, Caisse DE Depot ET Placement DU Quebec Has $2.15 Million Position in Franklin Resources, Inc. (NYSE:BEN), Capital Fund Management S.A. Makes New Investment in CVR Energy, Inc. (NYSE:CVI), 12,000 Shares in Stratasys Ltd. (NASDAQ:SSYS) Purchased by Gabelli Funds LLC. Chairman & Co -CEO DiamondHeadPartners. David Hamamoto in 2007. A Wall Street innovation, SPACs are all the rage, having raised more than $190 billion from investors since the start of 2020, according to SPACInsider. The company is led by CEO and Chairman David Hamamoto, founder of Diamond Head Partners and former Executive Vice Chairman of Colony Capital. . DiamondHead Holdings Corp.(DHHCU) The stock has a fifty day moving average of $10.09 and a 200-day moving average of $9.98. 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. (3) Pro -forma shares outstanding does not include the impact from the existing public or private warrants, the sponsor earnout shares, the UHG earnout shares, or the UHG equity incentive plan. DiamondHead is co-sponsored by Antara Capital, which is an event-driven hedge fund founded by Himanshu Gulati in 2018 that invests across a wide variety of financial instruments, including loans, bonds, convertible bonds, stressed/distressed credit and special situation equity investments. David's ethnicity is Asian American, whose . Tourist walkway in Diamond Head State Monument. Maximillian Lawrence, an artist and a teacher in Philadelphia, said he had viewed his Lordstown shares as a long-term holding., $3.5 billion electric-vehicle battery factory. I figured G.M. Many look for medium term catalysts that will drive the share price higher. DiamondHead Holdings Corp. | SPAC Research David T. Hamamoto - Biography - MarketScreener.com All rights reserved. DiamondHead Holdings plans to list on the Nasdaq under the symbol DHHCU. increased its position in DiamondHead by 177.5% in the third quarter. You can see DiamondHead Holdings' historic earnings and revenue below, but keep in mind there's always more to the story. Steve Burns, the founder of Lordstown Motors, at its plant in Ohio last year. Verition Fund Management LLCs holdings in DiamondHead were worth $1,456,000 as of its most recent filing with the Securities and Exchange Commission. David Hamamoto General Information. Cookies collect anonymous information, but not personally identifiable information. Goldman Sachs & Co. LLC is serving as book-running manager for the offering. NRE (NorthStar Realty Europe) Dividend Payout Ratio as of today (March 04, 2023) is 0.00. Dividend Payout Ratio explanation, calculation, historical data and m One investor was Maximillian Lawrence, an artist and a high school teacher in Philadelphia. New York, New York 101777. . On Thursday afternoon following the closure of US equity markets, a form 4 was filed for DiamondHead Holdings 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.These trades come only one week after the Chairman bought 1 million shares at $1.09 last week on the 12th of January. Track SPACs on IPO Pro. DiamondHead Holdings Corp. . Through organic growth, GSH has become 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. Hawaiians call it Lahi (brow of the tuna) in reference to the formation's ridgeline, which resembles the tuna fish's dorsal fin. 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 few months earlier, other insiders had sold $3 million worth of shares. There can be no assurances that the minimum cash condition, which may be waived by GSH, will be satisfied.