Landsea homes announces secondary common stock offering and concurrent stock repurchase

Dallas, aug. 21, 2023 (globe newswire) -- landsea homes corporation (nasdaq: lsea) (“landsea homes” or the “company”), a publicly traded residential homebuilder, announced today that its stockholder, green investment alpha limited (the “selling stockholder”), has commenced a secondary offering of 4,207,574 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 631,136 shares of common stock.
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