Smith Douglas Homes (SDHC) Prices 7.69M Share IPO at $21/sh
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Smith Douglas Announces Pricing of Initial Public Offering
January 10, 2024 8:07 PM ESTATLANTA--(BUSINESS WIRE)-- Smith Douglas Homes Corp. (Smith Douglas), one of the nations fastest growing private homebuilders by number of closings, today announced the pricing of the initial public offering of 7,692,308 shares of its Class A common stock at a price to the public of $21.00 per share. Smith Douglas has granted the underwriters a 30-day option to purchase up to an additional 1,153,846 shares of its Class A common stock.
Smith Douglas shares are expected to begin trading on the New York Stock Exchange on January 11, 2024 under the ticker symbol SDHC. The offering is expected to close on January 16, 2024,... More
