DiamondHead Holdings Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.
IPO Year: 2021
Exchange: NASDAQ
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DiamondHead Holdings Corp. ("DiamondHead")(NASDAQ:DHHC), a special purpose acquisition company, and Great Southern Homes, Inc. ("Great Southern Homes"), one of the largest homebuilders in the Southeast, jointly announced today that they have closed their previously announced business combination. With the closing, DiamondHead Holdings Corp. has been renamed "United Homes Group, Inc." ("United Homes Group" or "the Company"), and its common stock will begin trading on The Nasdaq Stock Market under the ticker symbol "UHG" (NASDAQ:UHG) on March 31, 2023. Great Southern Homes is one of the largest homebuilders in the Southeast, and builds homes in South Carolina and Georgia, and is expanding in
DiamondHead Holdings Corp., a Delaware corporation (NASDAQ:DHHC, DHHCU, DHHCW))) ("DHHC", the "Company" and, following the completion of the Business Combination (as defined below), the "Issuer"), today announced that it has entered into a Convertible Note Purchase Agreement dated March 21, 2023, (the "Note Purchase Agreement") among itself, Great Southern Homes, Inc., a South Carolina corporation ("GSH") and a group of investors party to that agreement (the "Investors"). Pursuant to the Note Purchase Agreement, the Investors have agreed to purchase $80,000,000 in original principal amount of convertible promissory notes (the "Notes") and 744,588 shares of Class A common stock (the "Shares"
DiamondHead Holdings Corp. (NASDAQ:DHHC) ("DiamondHead" or "DHHC"), a publicly-traded special purpose acquisition company and Great Southern Homes, Inc. ("GSH"), one of the largest and most established homebuilders in the Southeastern United States, announced that DHHC filed a registration statement on Form S-4 (the "Registration Statement") with the U.S. Securities and Exchange Commission ("SEC") on October 11, 2022. The Registration Statement contains a preliminary proxy statement/prospectus in connection with the previously announced business combination between DHHC and GSH. Although the Registration Statement has not yet become effective and the information contained therein is subjec
Great Southern Homes, Inc. ("GSH" or the "Company") and DiamondHead Holdings Corp. (NASDAQ:DHHC) ("DiamondHead" or "DHHC") will hold an investor call on Monday, October 3, 2022 at 1:00 PM ET to discuss their upcoming business combination. The event will feature a presentation by key members of both companies accompanied by a slide deck, followed by a question-and-answer period. Interested parties can access the call by dialing (669) 900-9128 with a meeting ID of 838 2395 9794. Additionally, participants can view the webcast and download the presentation at either www.unitedhomesgroup.com or www.diamondheadholdings.com. An archive of the webcast will be available on both websites for a limi
Business combination creates a high growth, land-light publicly traded homebuilder GSH has a 20+ year operating history and the combined company will be positioned to benefit from the favorable in-migration and demographic trends in the southeast United States GSH shareholders will convert 100% of their shares into shares of the combined company alongside $25 million of committed capital from the DHHC sponsor group, including David Hamamoto and Antara Capital Great Southern Homes, Inc. ("GSH" or the "Company") announced today that it has entered into a definitive merger agreement with DiamondHead Holdings Corp. (NASDAQ:DHHC) ("DiamondHead" or "DHHC"), a special purpose acquisition
NEW YORK--(BUSINESS WIRE)--DiamondHead Holdings Corp. (Nasdaq: DHHC) (the “Company”) announced today it received a notice from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that as a result of the Company’s failure to timely file its Quarterly Report on Form 10-Q for the period ended March 31, 2021 (the “Quarterly Report”), the Company is no longer in compliance with the continued listing requirements set forth in Section 5250(c)(1) of The Nasdaq Stock Market LLC Rules (the “Nasdaq Listing Rule”). The notice has no immediate impact on the listing of the Company’s securities, which will continue to trade on the Nasdaq, subject to the Company’s compliance with other applicable con
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U.S. stock futures traded lower this morning. Here are some big stocks recording losses in today’s pre-market trading session. DiamondHead Holdings Corp. (NASDAQ:DHHC) shares dropped 12.8% to $16.50 in pre-market trading after gaining more than 82% on Thursday. DiamondHead entered into convertible note purchase agreement dated March 21, 2023. FiscalNote Holdings, Inc. (NYSE:NOTE) shares dipped 10.1% to $2.14 in pre-market trading. FiscalNote shares jumped 75% on Thursday after the company announced it was selected by OpenAI for collaboration as an inaugural launch partner for OpenAI's ChatGPT plug-in. Deutsche Bank Aktiengesellschaft (NYSE:DB) shares dropped 6.1% to $9.06 in pre-market t
Major Wall Street indices closed in the green on Thursday as investors began weighing in on a potential pause in interest rate hikes by the Federal Reserve following the March policy announcement. Some bottom-fishing at current levels could also have supported stocks. The Nasdaq Composite closed 1.01% higher while the S&P 500 gained 0.3% on Thursday. The Dow rose 0.23%. Meanwhile, the following are the five stocks that are drawing investors' attention: 1. Tesla Inc (NASDAQ:TSLA): Shares of Tesla closed 0.56% higher. The EV-maker has exited a family's suit that alleged their Model X vehicle accelerated unexpectedly and crashed into a restaurant, reported Bloomberg Law. A federal court stat
Gainers DiamondHead Holdings Corp. (NASDAQ:DHHC) shares jumped 104.2% to $21.15. DiamondHead entered into convertible note purchase agreement dated March 21, 2023. Boxed, Inc. (NYSE:BOXD) gained 59.1% to $0.2862 after gaining around 50% on Wednesday. Boxed recently said it is evaluating potentially filing for relief under the U.S. Bankruptcy Code and other strategic alternatives. ZyVersa Therapeutics, Inc. (NASDAQ:ZVSA) shares climbed 36.8% to $2.16. ZyVersa Therapeutics recently reported new employment inducement grants under Nasdaq Listing Rule 5635(c)(4). CXApp Inc. (NASDAQ:CXAI) climbed 29.4% to $2.20. Generation Bio Co. (NASDAQ:GBIO) gained 27% to $4.9299. SMX (Security Matters
U.S. stocks traded higher, with the Dow Jones gaining around 200 points on Thursday. Here are some big stocks recording gains in today’s session. DiamondHead Holdings Corp. (NASDAQ:DHHC) shares gained 104.2% to $21.15. DiamondHead entered into convertible note purchase agreement dated March 21, 2023. Opendoor Technologies Inc. (NASDAQ:OPEN) climbed 21% to $1.8685. scPharmaceuticals Inc. (NASDAQ:SCPH) gaiend 19.2% to $8.25 after the company reported better-than-expected Q4 EPS results. VNET Group, Inc. (NASDAQ:VNET) rose 19.1% to $3.5480. VNET Group reported mixed Q4 financial results. Kingsoft Cloud Holdings Limited (NASDAQ:KC) gained 17.2% to $6.13. Worthington Industries, Inc. (NY
U.S. stocks traded higher this morning, with the Dow Jones gaining around 200 points on Thursday. Following the market opening Thursday, the Dow traded up 0.76% to 32,274.05 while the NASDAQ rose 1.28% to 11,818.84. The S&P 500, also rose, gaining, 0.96% to 3,974.83. Check This Out: Disney, Coinbase Global And 2 Other Stocks Insiders Are Selling Leading and Lagging Sectors Communication services shares rose by 1.7% on Thursday. Meanwhile, top gainers in the sector included Starbox Group Holdings Ltd. (NASDAQ:STBX), up 20%, and Bilibili Inc. (NASDAQ:BILI), up 10%. In trading on Thursday, consumer staples shares fell 0.1%. Top Headline US initial jobless claims fell by 1,000 to
Although US stocks closed higher on Friday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga's insider transactions platform. Appian The Trade: Appian Corporation (NASDAQ:APPN) 10% owner Colin Moran acquired a total of 265,000 shares an average price of