Green brick partners announces pricing of secondary offering of shares of common stock by selling stockholder

Plano, texas, sept. 07, 2023 (globe newswire) -- green brick partners, inc. (nyse: grbk) (“green brick,” or the “company”), a leading national homebuilder and land development company, today announced the pricing of a secondary offering of 850,000 shares of its common stock held by an investment fund, at a public offering price of $45.75 per share (the “offering”). an affiliate of greenlight capital, inc. serves as an investment adviser to the investment fund and may be deemed to beneficially own the shares being sold. green brick did not offer any shares of its common stock and will not receive any of the proceeds from the sale of the shares in the offering. the offering is expected to close on september 8, 2023, subject to the satisfaction of customary closing conditions.
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