Business
DiamondHead Holdings Corp. Announces Filing a Registration Statement on Form S-4 in Connection with a Proposed Business Combination with Great Southern Homes, Inc.
COLUMBIA, S.C. & NEW YORK--(BUSINESS WIRE)-- DiamondHead Holdings Corp. (NASDAQ: DHHC) (“DiamondHead” or “DHHC”), a publicly-traded special purpose
About this update from United Homes Group, Inc
[{"type":"text","content":" COLUMBIA, S.C. & NEW YORK--(BUSINESS WIRE)--\nDiamondHead Holdings Corp. (NASDAQ: DHHC) (“DiamondHead” or “DHHC”), a publicly-traded special purpose acquisition company and Great Southern Homes, Inc. (“GSH”), one of the largest and most established homebuilders in the Southeastern United States, announced that DHHC filed a registration statement on Form S-4 (the “Registration Statement”) with the U.S. Securities and Exchange Commission (“SEC”) on October 11, 2022.\n\nThe Registration Statement contains a preliminary proxy statement/prospectus in connection with the previously announced business combination between DHHC and GSH. Although the Registration Statement has not yet become effective and the information contained therein is subject to change, it provides important information about DHHC and GSH, as well as the proposed business combination.\n\nAbout DHHC\n\nDHHC 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.\n\nAbout GSH\n\nGSH is one of the largest and most established homebuilders in the Southeast, having closed at least 10,000 homes over the last two decades. 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. GSH was the 25th ranked starter-home builder and the 41st ranked single-family detached home builder in the United States, respectively, based on 2021 home closings according to Pro Builder’s 2022 Housing Giants Report.\n\nImportant Information and Where to Find It\n\nIn connection with the proposed transactions, DHHC has filed the Registration Statement that includes a proxy statement/prospectus of DHHC in connection with DHHC’s solicitation of proxies for the vote by DHHC’s stockholders relating to the proposed transactions and other matters as described in such Registration Statement, as well as the prospectus relating to the offer of the securities to be issued to GSH’s stockholders in connection with the completion of the proposed transactions. After the Registration Statement has been declared effective, DHHC will mail to its stockholders as of the record date established for voting on the proposed transa...