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    SEC Form SC 13G/A filed by Landsea Homes Corporation (Amendment)

    5/29/24 2:07:29 PM ET
    $LSEA
    Homebuilding
    Consumer Discretionary
    Get the next $LSEA alert in real time by email
    SC 13G/A 1 sc.htm SCHEDULE 13G

    SECURITIES AND EXCHANGE COMMISSION
    WASHINGTON, DC 20549

     

    SCHEDULE 13G



    INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
    UNDER THE SECURITIES EXCHANGE ACT OF 1934

    Landsea Homes Corp.
    (Name of Issuer)




    Common Stock
    (Title of Class of Securities)



    51509P103
    (CUSIP Number)


    May 15, 2024
    (Date of Event Which Requires Filing of This Statement)


    Check the Appropriate box to designate the rule pursuant to which this schedule is filed:


                     Rule 13d-1(b)
           X  Rule 13d-1(c)
                  Rule 13d-1(d)




    1
    NAME OF REPORTING PERSONS
    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
     
     
    Huaijun Chen
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)  X
    (b)
     
         
    3
    SEC USE ONLY
     
         
    4
    CITIZENSHIP OR PLACE OF ORGANIZATION
     
    Canadian
     
    5
    SOLE VOTING POWER
    NUMBER OF
     
    0
    SHARES
    6
    SHARED VOTING POWER
    BENEFICIALLY
     
    4,100,000
    OWNED BY
    7
    SOLE DISPOSITIVE POWER
    EACH
     
    0
    REPORTING
    8
    SHARED DISPOSITIVE POWER
    PERSON WITH
     
    4,100,000
    9
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
    4,100,000 (1)
     
    10
    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* q
     
         
    11
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
     
    11.33%(2)
     
    12
    TYPE OF REPORTING PERSON*
     
    IN
    *SEE INSTRUCTIONS BEFORE FILLING OUT!


    1
    NAME OF REPORTING PERSONS
    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
     
     
    Ever Fast Holdings Limited
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)  X
    (b)
     
         
    3
    SEC USE ONLY
     
         
    4
    CITIZENSHIP OR PLACE OF ORGANIZATION
     
    British Virgin Islands
     
    5
    SOLE VOTING POWER
    NUMBER OF
     
    0
    SHARES
    6
    SHARED VOTING POWER
    BENEFICIALLY
     
    4,100,000
    OWNED BY
    7
    SOLE DISPOSITIVE POWER
    EACH
     
    0
    REPORTING
    8
    SHARED DISPOSITIVE POWER
    PERSON WITH
     
    4,100,000
    9
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
    4,100,000(1)
     
    10
    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* q
     
         
    11
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
     
    11.33%(2)
     
    12
    TYPE OF REPORTING PERSON*
     
    CO



    1
    NAME OF REPORTING PERSONS
    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
     
     
    1103849 B.C. Ltd.
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)  X
    (b)
     
         
    3
    SEC USE ONLY
     
         
    4
    CITIZENSHIP OR PLACE OF ORGANIZATION
     
    British Columbia, Canada
     
    5
    SOLE VOTING POWER
    NUMBER OF
     
    0
    SHARES
    6
    SHARED VOTING POWER
    BENEFICIALLY
     
    4,100,000
    OWNED BY
    7
    SOLE DISPOSITIVE POWER
    EACH
     
    0
    REPORTING
    8
    SHARED DISPOSITIVE POWER
    PERSON WITH
     
    4,100,000
    9
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
    4,100,000(1)
     
    10
    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* q
     
         
    11
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
     
    11.33%(2)
     
    12
    TYPE OF REPORTING PERSON*
     
    CO


    Item 1 (a). Name of Issuer:

    Landsea Homes Corp.

    Item 1 (b). Address of Issuer’s Principal Executive Offices:

    1717 McKinney Avenue, Suite 1000
    Dallas, TX 75202

    Item 2 (a). Name of Person Filing:

    i)
    Huaijun Chen
    ii)
    Ever Fast Holdings Limited
    iii)
    1103849 B.C. Ltd.
    Item 2 (b). Address of Principal Business Office or, if None, Residence:

    Rooms 1007-1012, 10/F
    K. Wah Centre, 191 Java Road
    North Point, Hong Kong

    Item 2 (c). Citizenship:

    i)
    Canadian
    ii)
    British Virgin Islands
    iii)
    British Columbia, Canada

    Item 2 (d). Title of Class of Securities:

    Common Stock

    Item 2 (e). CUSIP Number:

    51509P103

    Item 3.
    If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:

    (a)
    Broker or dealer registered under Section 15 of the Act;


    (b)
    Bank as defined in Section 3(a)(6) of the Act;


    (c)
    Insurance Company as defined in Section 3(a)(19) of the Act;


    (d)
    Investment Company registered under Section 8 of the Investment Company Act;


    (e)
    Investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);


    (f)
    Employee benefit plan or endowment plan in accordance with Rule 13d-1(b)(1)(ii)(F);


    (g)
    Parent holding company or control person, in accordance with Rule 13d-1(b)(1)(ii)(G);


    (h)
    A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;

    (i)
    A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940:


    (j)
    Group, in accordance with Rule 13d-1(b)(1)(ii)(j).


    S
    If this statement is filed pursuant to Rule 13d-1(c), check this box.


    Item 4.
    Ownership.

    Provide the following information regarding the aggregate number and percentage of the class of securities identified in Item 1.


    (a)
    Amount beneficially owned:

    4,100,000(1)


    (b)
    Percent of class:

    11.33%(2)


    (b)
    Number of shares as to which such person has:

    (i)
    Sole power to vote or to direct the vote:  0

    (ii)  Shared power to vote or to direct the vote:  4,100,000

    (iii)  Sole power to dispose or to direct the disposition of:  0

    (iv)  Shared power to dispose or to direct the disposition of:   4,100,000

    (1)
    Huaijun Chen is the sole officer, director and 100% owner of Ever Fast Holdings Limited and 1103849 B.C. Ltd.
    (2)
    Based on 36,179,233 outstanding shares of Common Stock of the Issuer as of April 26, 2024.


    Instruction.  For computations regarding securities which represent a right to acquire an underlying security, see Rule 13d-3(d)(1).

    Item 5.
    Ownership of Five Percent or Less of a Class.

    If the statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [    ].


    Item 6.
    Ownership of More than Five Percent on Behalf of Another Person.

    N/A

    Item 7.
    Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.

    N/A

    Item 8.
    Identification and Classification of Members of the Group.

    N/A

    Item 9.
    Notice of Dissolution of Group.

    N/A



    Item 10. Certification.



    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.


    SIGNATURE

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.



     
    May 29, 2024
     
    (Date)
       
     
    /s/ Huaijun Chen
           Huaijun Chen
     
    EVER FAST HOLDINGS LIMITED
    By: /s/ Huaijun Chen
           Huaijun Chen, President
     
     
    1103849 B.C. Ltd.
    By:  /s/ Huaijun Chen
           Huaijun Chen, President


    JOINT FILING AGREEMENT

     Pursuant to and in accordance with the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the rules and regulations thereunder, each party hereto hereby agrees to the joint filing, on behalf of each of them, of any filing required by such party under Section 13 of the Exchange Act or any rule or regulation thereunder (including any amendment, restatement, supplement, and/or exhibit thereto) with the Securities and Exchange Commission (and, if such security is registered on a national securities exchange, also with the exchange), and further agrees to the filing, furnishing, and/or incorporation by reference of this agreement as an exhibit thereto. This agreement shall remain in full force and effect until revoked by any party hereto in a signed writing provided to each other party hereto, and then only with respect to such revoking party.
    IN WITNESS WHEREOF, each party hereto, being duly authorized, has caused this agreement to be executed and effective as of the date set forth below.
    Date:  May 29, 2024
     
    /s/ Huaijun Chen
           Huaijun Chen
     
    EVER FAST HOLDINGS LIMITED
    By:  /s/ Huaijun Chen
           Huaijun Chen, President
     
     
    1103849 B.C. Ltd.
    By:  /s/ Huaijun Chen
           Huaijun Chen, President
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