Landsea homes announces secondary common stock offering and concurrent stock repurchase

Dallas , june 12, 2023 /prnewswire/ -- landsea homes corporation (nasdaq: lsea) ("landsea homes" or the "company"), a publicly traded residential homebuilder, announced today that its largest stockholder, landsea holdings corporation (the "selling stockholder"), has commenced a secondary offering of 2,600,000 shares of the company's common stock (the "offering"). the selling stockholder will also grant the underwriters a 30-day option to purchase up to an additional 390,000 shares of common stock.
LSEA Ratings Summary
LSEA Quant Ranking