Renaissance Capital for DiamondHead and Antara Capital. Marcum LLP serves as auditor. DiamondHead Holdings, the second blank check company led by David Hamamoto targeting businesses with growth potential, filed on Friday with the SEC to raise up to $300 million in an initial public . COLUMBIA, S.C. & NEW YORK(BUSINESS WIRE)Great Southern Homes, Inc. announced today that it has entered into a definitive merger agreement with DiamondHead Holdings Corp. (NASDAQ: DHHC), a special purpose acquisition company. David Hamamoto lives in New York, NY; previous cities include Honolulu HI and Park City UT. Purchases New Holdings in Ball Co. (NYSE:BALL), Blueshift Asset Management LLC Sells 21,016 Shares of Dell Technologies Inc. (NYSE:DELL), Cary Street Partners Investment Advisory LLC Has $126,000 Stock Holdings in Yum China Holdings, Inc. (NYSE:YUMC). Mr. Hamamoto, 61, has owned or operated splashy hotels, office buildings and nursing homes, eventually teaming up with others to build a real estate investment firm, NorthStar Investment. Lordstown Motors Investors Sue Executives, Directors, Alleging Finally, Bank of Montreal Can increased its position in DiamondHead by 14.8% in the third quarter. Significant Real Estate & Public Markets Experience . Employer Identification No.) Looking for David Hamamoto online? Hamamoto David T Insdier Trading Report - Form 4 Filings . Its stock price has plunged to $9, from around $31. Mr. Hamamoto, along with members of his team and Goldman bankers, made at least two visits to the Lordstown factory in Lordstown, Ohio, to meet with Mr. Burns in June last year, according to regulatory documents. David T Hamamoto, 62 - New York, NY - Has Court or Arrest Records - MyLife The transaction will also require the consent of GSHs lenders and the approval of DHHC stockholders, and is subject to customary closing conditions. But Mr. Hamamoto didnt focus much on assessing the work experience of Lordstowns management team, including Mr. Burns, who would continue to run the company after the SPAC merger, two people familiar with the matter said. DiamondHead Holdings, the second blank check company led by David Hamamoto targeting businesses with growth potential, raised $300 million by offering 30 million units at . DiamondHead Holdings plans to list on the Nasdaq under the symbol DHHCU. PDF United Homes Group ("UHG") (Photo Credit: Jamison Logan / Shutterstock.com) 5. In an I.P.O., a company is held to strict reporting standards about its finances and prospects. Millennium Management, a hedge fund firm, and Fidelity, a mutual fund company, also reduced their stakes, filings show. The founder has bought 1.25 million shares above the SPAC merger price and ahead of the completed merger. The obligation of GSH to complete the transaction is subject to a minimum cash condition of $125 million. Diamondhead Holdings Corp. (DHHC) latest news, insider trading and hedge fund ownership data provided by Insider Monkey. He is joined by CFO and Director Keith Feldman, formerCFO of NorthStar Realty Europe (NYSE: NRE) and Managing Director of Colony Capital. DiamondHead Holdings, the second blank check company led by David Hamamoto targeting businesses with growth potential, raised $300 million by offering 30 million units at $10. Upon closing of the transaction, GSH will become a publicly traded company, and DiamondHead Holdings Corp. will be renamed United Homes Group, Inc. DiamondHead is expected to remain listed on the Nasdaq Capital Market and is expected to trade under the new ticker symbol UHG.. DiamondHead Holdings, CEO and Chairman 250 Park Avenue, New York, NY, 212-572-6260 . www.sec.gov At the same time, small investors have become a potent force in the markets, driving up the stock prices of companies like GameStop and lapping up shares of SPACs, which are highly speculative and can pose financial risks. Press Release On Monday September 12th, 2022, it was publicly announced that Great Southern Homes (GSH), one of the largest homebuilders in the Southeast, entered into a definitive merger agreement with DiamondHead Holdings Corp., a special purpose acquisition company. DiamondHead Holdings plans to list on the Nasdaq under the symbol DHHCU. Martha Hamamoto is 63 years old and was born on 03/29/1959. The company is led by CEO and Chairman David Hamamoto, founder of Diamond Head Partners and former Executive Vice Chairman of Colony Capital. DiamondHead Holdings Corp. announced the pricing of its $300 million IPO this morning and its units are expected to begin trading on the Nasdaq under the symbol DHHCU today, January 26. DiamondPeak will be led by David Hamamoto, the former founder of the Northstar Companies, which was sold to Colony Capital (NYSE: CLNY) in January of 2017. Diamondhead Holdings Corp. - Home BTIG, LLC is acting as exclusive sell-side advisor to GSH. Reviews. David Hamamoto is a Chairman Chairman's Search Committee at Lordstown Motors based in Lordstown, Ohio. Purchases New Holdings in Ball Co. Kroger (NYSE:KR) Shares Gap Up on Better-Than-Expected Earnings, AlphaCrest Capital Management LLC Trims Position in Best Buy Co., Inc. (NYSE:BBY), AlphaCrest Capital Management LLC Sells 26,238 Shares of Hormel Foods Co. (NYSE:HRL), Burlington Stores, Inc. (NYSE:BURL) Shares Sold by Eaton Vance Management, Tudor Investment Corp Et Al Increases Holdings in Artivion, Inc. (NYSE:AORT), BlackRock Inc. Nelson Mullins Riley & Scarborough LLP is acting as counsel to GSH. At the rollout of Lordstowns Endurance truck on June 25, 2020 which was attended by Mr. Hamamoto and Goldman bankers, who by then were deep in merger talks with Lordstown Mr. Burns was quoted in TechCrunch saying the company already had 20,000 pledges to order its truck and planned to begin producing the vehicle by summer 2021. His special purpose acquisition company, DiamondPeak Holdings, merged with Lordstown Motors.CreditPatrick McMullan. There can be no assurances that the minimum cash condition, which may be waived by GSH, will be satisfied. Relatives & Associates. The fund owned 147,501 shares of the company's stock after buying an additional 37,626 shares during the quarter. DiamondHead Holdings Corp.(DHHCU) - Moomoo Great Southern Homes to Go Public Through Merger With DiamondHead SPAC DiamondHead Holdings prices $300 million IPO; David Hamamoto Thats exactly when BlackRock and other early Wall Street investors as well as top company executives, who all got their shares cheaply before the merger began to sell some of their holdings. The transaction includes an earn-out provision pursuant to which GSH stockholders are entitled to receive up to an aggregate maximum of 20 million additional shares, over a five year period, as and when the share price of the combined company reaches certain thresholds. At the same time, some early Wall Street investors and senior Lordstown executives used the opportunity to sell their stock. Diamond Head is a volcanic cone on the Hawaiian island of Oahu and is the most popular Hawaii State Park. David T Hamamoto - Insider Trading Tracker - Fintel We may also collect analytic tracking information about your visits to our website. David's ethnicity is Asian American, whose . DiamondHead Holdings Corp. is led by Chairman and CEO David T. Hamamoto and CFO and Director Keith Feldman. Get your FREE TRIAL now. GSH is currently one of the largest homebuilders in the Southeast. The most-recent trade in DiamondHead Holdings Corp is the acquisition of 250,000 shares on January 18, 2023, which cost David T Hamamoto around $3 Million. Previously, he served as Executive Vice Chairman of Colony NorthStar (now Colony Capital, Inc. (NYSE:CLNY)), a real estate and investment management firm . We do know that it's a SPAC formed by the energy-investing group at Silverpeak Capital, a New York-based private equity firm; and David Hamamoto, a serial entrepreneur with a long track record of . Know which insiders are buying and selling along with top shareholders and ownership breakdown. Honolulu, HI 96815. Mr. Hamamotos scrutiny of Lordstowns business was most likely far less than the inspection that a company undergoes in a conventional initial public offering. Meet the Heavy Hitters Funding Lordstown Motors View David Hamamoto's profile on LinkedIn, the world's largest professional community. His special purpose acquisition company, DiamondPeak Holdings, merged with Lordstown Motors. Hamamoto David T has traded RIDE, DHHC, DPHCU, CLNS, NSAM, NRF, NRE while serving in roles requiring financial disclosures. This information is used to improve our services. Mr. Karacic, who hasnt broken even, said he harbored no ill will toward the early investors. . Mr. Burns, who fancied himself as the next Elon Musk, was known as a persuasive talker, prone to hyperbole, former Lordstown employees said. Zoom Video Communications, Inc. (NASDAQ:ZM) Shares Acquired by BlackRock Inc. BlackRock Inc. Lowers Position in APA Co. (NASDAQ:APA), Piper Sandler Boosts Duolingo (NYSE:DUOL) Price Target to $127.00, BlackRock Inc. Cuts Holdings in NortonLifeLock Inc. (NASDAQ:NLOK), Altair Engineering Inc. (NASDAQ:ALTR) Insider Sells $161,325.00 in Stock, Caisse DE Depot ET Placement DU Quebec Has $2.15 Million Position in Franklin Resources, Inc. (NYSE:BEN), Capital Fund Management S.A. Makes New Investment in CVR Energy, Inc. (NYSE:CVI), 12,000 Shares in Stratasys Ltd. (NASDAQ:SSYS) Purchased by Gabelli Funds LLC. But why? While the company has not selected a target industry or geography, DiamondHead Holdings plans to focus on businesses with compelling growth potential and competitive market position, strong management teams, among other characteristics. We look forward to supporting the companys growth trajectory and future M&A plans.. The sponsor of DiamondHead is DHP SPAC-II Sponsor LLC, an entity controlled by David Hamamoto. He became one of Goldmans youngest partners before striking out on his own in 1997. Founder of Diamond Head Partners LLC New York, New York . Date Owner Security . . Total SPAC deal count for 2021 year-to-date is now 74 with $20.98 billion in gross proceeds raised. As Docs:Size Issuer Filing Agent 11/18/22 DiamondHead Holdings Corp. PRE 14A 11/18/22 1:1.3M Toppan Merrill/FA Preliminary Proxy Statement Schedule 14A Filing Table of Contents This offering is expected to close on Thursday, January 28. Track SPACs on IPO Pro. Diamondhead Holdings Corp. (DHHC) - Insider Monkey Copy and paste multiple symbols separated by spaces. Chaos ensued. You can see DiamondHead Holdings' historic earnings and revenue below, but keep in mind there's always more to the story. David Hamamoto was the founder and Chairman of the previously publicly-traded NorthStar real estate related companies: NorthStar Realty Finance Corp., NorthStar Asset Management Group, Inc. and NorthStar Realty Europe Corp. Each unit consists of one share of common stock and one-fourth of a warrant, exercisable at $11.50. All rights reserved. It was June 2020, and Mr. Hamamoto, a former Goldman Sachs executive who invested in real estate, was searching for a business to take public through a . DiamondHead Holdings, the second blank check company led by David Hamamoto targeting businesses with growth potential, filed on Friday with the SEC to raise up to $300 million in an initial public offering. Hamamoto's previous SPAC, DiamondPeak Holdings, went public in February 2019 and completed its merger with EV pickup truck developer Lordstown Motors(RIDE; +132% from $10 offer price) in October 2020. Form S-4/A (registration of securities, business combinations) filed with the SEC DiamondHead Holdings Corp. 13 Jan 23. David received a B. S. degree from Stanford University and a M. B. Then, around nine months before his deadline, bankers from Goldman gave Mr. Hamamoto an enticing pitch: Lordstown Motors, the fledgling electric truck maker that President Donald J. Trump had hailed as a savior of jobs. DiamondHead is a special purpose acquisition company led by Co-CEO and Chairman David Hamamoto, who has over 40 years of experience in real estate investing, as well as operating both private and publicly held real estate businesses. Each unit consists of one share of common stock and one-fourth of a warrant, exercisable at $11.50. Between October, when the company started trading on Nasdaq under the symbol RIDE, and March, the stock continued to climb. incorporation) 250 Park Ave, 7th Floor. Hamamoto David T insider ownership history Insider history. Good technology isnt enough, Mr. Gordon said. A number of other hedge funds have also bought and sold shares of the business. Insider Sales DHHC / DiamondHead Holdings Corp. Class A - Short . by | Oct 29, 2021 | 415 417 south 10th street philadelphia, pa | is black tip ammo legal | Oct 29, 2021 | 415 417 south 10th street philadelphia, pa | is black tip ammo legal Hamamoto, for example, sold 1 million shares at $16.38 per unit for a total of $16.38 million on Oct. 22, 2020 . I figured G.M. In the past, Martha has also been known as Martha Hamamoto David, Martha Hamamotto, Martha Meeker, Martha H Meeker and Martha H Hamamoto. Lordstown Motors, the one-year-old Ohio electric automaker that revealed a pickup truck prototype in June, has reached a deal to merge with special-purpose acquisition company DiamondPeak Holdings . OTA Financial Group L.P. purchased a new stake in DiamondHead in the third quarter worth $235,000. Verition Fund Management LLC increased its holdings in shares of DiamondHead Holdings Corp. (NASDAQ:DHHC Get Rating) by 34.2% during the third quarter, HoldingsChannel.com reports. DiamondHead Holdings Corp. is led by Chairman and CEO David T. Hamamoto and CFO and Director Keith Feldman. Shares of NASDAQ DHHC opened at $10.14 on Wednesday. The company is led by CEO and ChairmanDavid Hamamoto, founder ofDiamond Head Partners and formerExecutive Vice Chairman of Colony Capital. In February, Lordstowns president and its former finance chief were among those who sold about $8 million in stock. We are impressed with the scale and operational performance of GSH, and we are excited to work with the GSH team in continuing their growth as a public homebuilder. Even Tesla, the industrys breakout star, didnt deliver its first car until 2008 five years after it was founded. Find Instagram, Twitter, Facebook and TikTok profiles, images and more on IDCrawl - free people search website. Renaissance Capital is the global leader in providing pre-IPO institutional research and management of IPO-focused investment products. In addition to a bit of money, you should bring your own water bottles (there are fountains at the beginning of the trail, but none as you ascend), a hat and sunscreen, and good walking shoes. We believe GSH is a best in class operator with significant potential to grow throughout the United States. DiamondHead is a special purpose acquisition company led by Co-CEO and Chairman David Hamamoto, who has over 40 years of experience in real estate investing, as well as operating both private and . David Hamamoto, Chairman and co-CEO of DiamondHead Holdings Corp., commented: "We are thrilled to partner with Michael Nieri and the GSH team and look forward to executing on our shared long-term vision.We are impressed with the scale and operational performance of GSH, and we are excited to work with the GSH team in continuing their growth as a public homebuilder. Upon closing of the merger with Great Southern, DiamondHead (NASDAQ: DHHC) will be renamed United Homes Group and trade under the new ticker symbol "UHG." . Diamondhead Holdings Corp. - Team David T Hamamoto is Lead Director at Lordstown Motors Corp. See David T Hamamoto's compensation, career history, education, & memberships. Dhhcw Diamondhead Holdings Corp C/Wts 28/01/2028 (To Pur Com) For context, the second . 250 Park Ave., 7th Floor. First Look: The SPAC Deal That Will Take Electric-Pickup Start-Up Type a symbol or company name. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. In addition, as Michael mentioned, we believe there are extremely compelling opportunities to generate accretive growth through M&A as well as a programmatic build-to-rent platform., Himanshu Gulati, Founder and CIO of Antara Capital, says, We are excited to partner with Michael and David on this opportunity. The transaction is expected to close during the first quarter of 2023. In 2017, NorthStar merged with Colony Capital, a firm run by Mr. Trumps longtime ally Thomas J. Barrack Jr., to create a company with $58 billion in assets. 3.Additional Agreement.Antara Capital LP ("Antara") agrees in connection with the Share Repurchase Commitment contemplated by paragraph 1, upon receipt of a written request from David T. Hamamoto ("Mr. Hamamoto"), to make a loan to Mr. Hamamoto in an amount up to $2,500,000 pursuant to a five year unsecured promissory note, which shall bear interest of 8% per annum from the date such . The following positions have been held: Director; 2021 at Lordstown Motors Corp. Director; Officer; CEO, Chairman 2021 at DiamondHead Holdings Corp.; Director; Officer; Executive Vice Chairman 2017 at Colony NorthStar, Inc.; Insider 2017 at NorthStar Asset Management . David T Hamamoto Net Worth (2023) - GuruFocus.com kauai obituaries july 2020 Goldman Sachs acted as lead manager on the deal. David Hamamoto: Individual: 250,000: US$10.09: 12 Jan 23: Buy US$10,090,000: David Hamamoto: Individual: 1,000,000: US$10.09: Insider Trading Volume. A few months earlier, other insiders had sold $3 million worth of shares. Gates Capital Management Reduces Risk . He is also a Director of Lordstown Motors Corp. (NYSE:RIDE) and previously served as the Chairman and Chief Executive Officer of DiamondPeak Holdings Corp. According to the SEC Form 4 filings, David T Hamamoto has made a total of 0 transactions in NorthStar Realty Finance Corp (NRF) over the past 5 years. Additionally, it plans to focus on businesses with enterprise values between $350 million and $2 billion. Mr. The Board of Directors of GSH and DHHC have approved the transaction. Hamamoto's second SPAC DiamondHead Holdings files for a $300 - IPOs Exhibit 10.14 - sec.gov