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United Homes Group, Inc. (the "Company") (NASDAQ:UHG) today announced the appointment of John G. (Jack) Micenko, Jr., as Chief Executive Officer of the Company and Jeremy Pyle as co-Chief Operating Officer of the Company, and simultaneously therewith announced that its Board of Directors has appointed a special committee comprised solely of independent directors and initiated a review of strategic alternatives in order to explore ways to maximize shareholder value. The review will include a range of potential strategic alternatives, including a sale of the Company, a sale of assets, and a refinancing of existing indebtedness, among others. Mr. Micenko succeeds James M. (Jamie) Pirrello, who
First Quarter 2025 Highlights Home closings of 252, a decrease of 19% year over year compared to 311 home closings in Q1 2024, resulting in revenue, net of sales discounts, of $87.0 million, a decrease of 14% Net new orders of 296, a decrease of 23% year over year compared to 384 net new orders in Q1 2024 Net new orders and gross margin improved sequentially throughout the first quarter Average sale price ("ASP") of production-built homes increased to approximately $345,000 compared to $335,000 in Q1 2024 Lot pipeline as of March 31, 2025 consists of approximately 7,500 lots owned or controlled by the Company or related parties Available liquidity of $86.9 million as of March 31
United Homes Group (NASDAQ:UHG) announced today that the company will release its results for the first quarter of 2025 before the market opens on Wednesday, May 14, 2025. The company will hold a conference call to discuss the results and conduct a question-and-answer session on the same day at 8:30 AM Eastern Time. Interested parties can dial in using the numbers below or access the call via a webcast link provided in the investor relations section of the company's website: www.unitedhomesgroup.com. Dial-in Numbers: Toll Free - North America (+1) 800 715-9871 International: (+1) 646-307-1963 Conference ID: 4731284 Recording Replay Numbers: Toll Free - North America: (+1) 800-770-2030 Int
4 - United Homes Group, Inc. (0001830188) (Issuer)
4 - United Homes Group, Inc. (0001830188) (Issuer)
4 - United Homes Group, Inc. (0001830188) (Issuer)
SC 13G - United Homes Group, Inc. (0001830188) (Subject)
SC 13D/A - United Homes Group, Inc. (0001830188) (Subject)
SC 13D/A - United Homes Group, Inc. (0001830188) (Subject)
First Quarter 2025 Highlights Home closings of 252, a decrease of 19% year over year compared to 311 home closings in Q1 2024, resulting in revenue, net of sales discounts, of $87.0 million, a decrease of 14% Net new orders of 296, a decrease of 23% year over year compared to 384 net new orders in Q1 2024 Net new orders and gross margin improved sequentially throughout the first quarter Average sale price ("ASP") of production-built homes increased to approximately $345,000 compared to $335,000 in Q1 2024 Lot pipeline as of March 31, 2025 consists of approximately 7,500 lots owned or controlled by the Company or related parties Available liquidity of $86.9 million as of March 31
United Homes Group (NASDAQ:UHG) announced today that the company will release its results for the first quarter of 2025 before the market opens on Wednesday, May 14, 2025. The company will hold a conference call to discuss the results and conduct a question-and-answer session on the same day at 8:30 AM Eastern Time. Interested parties can dial in using the numbers below or access the call via a webcast link provided in the investor relations section of the company's website: www.unitedhomesgroup.com. Dial-in Numbers: Toll Free - North America (+1) 800 715-9871 International: (+1) 646-307-1963 Conference ID: 4731284 Recording Replay Numbers: Toll Free - North America: (+1) 800-770-2030 Int
Fourth Quarter 2024 Highlights Home closings of 414, an increase of 7% year over year compared to 387 home closings in Q4 2023, resulting in revenue, net of sales discounts, of $134.8 million, an increase of 15% Net new orders of 351, an increase of 19% year over year compared to 294 net new orders in Q4 2023 Average sale price ("ASP") of production-built homes increased to approximately $324,000 compared to $320,000 in Q4 2023 Completed a refinance of the Company's Convertible Notes in December which is expected to reduce interest expense by approximately $4 million annually, based on current rates, and reduce potential future shareholder dilution Lot pipeline as of December 31,
4 - United Homes Group, Inc. (0001830188) (Issuer)
4 - United Homes Group, Inc. (0001830188) (Issuer)
4 - United Homes Group, Inc. (0001830188) (Issuer)
8-K - United Homes Group, Inc. (0001830188) (Filer)
10-Q - United Homes Group, Inc. (0001830188) (Filer)
8-K - United Homes Group, Inc. (0001830188) (Filer)
United Homes Group, Inc. (the "Company") (NASDAQ:UHG) today announced the appointment of John G. (Jack) Micenko, Jr., as Chief Executive Officer of the Company and Jeremy Pyle as co-Chief Operating Officer of the Company, and simultaneously therewith announced that its Board of Directors has appointed a special committee comprised solely of independent directors and initiated a review of strategic alternatives in order to explore ways to maximize shareholder value. The review will include a range of potential strategic alternatives, including a sale of the Company, a sale of assets, and a refinancing of existing indebtedness, among others. Mr. Micenko succeeds James M. (Jamie) Pirrello, who
United Homes Group, Inc. ("UHG" or the "Company") (NASDAQ:UHG) announced today that David Hamamoto has resigned from the Board of Directors. Mr. Hamamoto was the founder and principal sponsor of DiamondHead Holdings Corp., which subsequently merged with Great Southern Homes to create UHG, now a publicly-traded homebuilder. The Company is also announcing that Mr. Hamamoto's seat will be filled by Jamie Pirrello, a 30-year veteran of the homebuilding industry whose resume includes leadership roles at publicly traded homebuilders including Century Communities, Inc. (NYSE:CCS), NVR (NYSE:NVR) and UCP, Inc. (NYSE:UCP). Mr. Hamamoto commented, "It's been an honor to partner with Michael Nieri a
United Homes Group, Inc. ("UHG") (NASDAQ:UHG), a leading homebuilder in the Southeast, today announced that it has appointed Jack Micenko as President of UHG. Michael Nieri, who has been serving as President, will continue in his role as Chief Executive Officer and Chairman of UHG. "Jack is the right person at the right time to join us in leading the next phase of our growth strategy," said Michael Nieri. "His extensive background in residential housing finance, capital markets and mergers / acquisitions will complement my operational experience to give us the powerful and well-rounded senior management team needed to drive us forward as a public company. Jack was instrumental in ushering