David Hamamoto - DiamondHead Holdings | ZoomInfo Employer Identification No.) Want to see what other hedge funds are holding DHHC? document.write(new Date().getFullYear()) United Homes Group. David Hamamoto is a Chairman Chairman's Search Committee at Lordstown Motors based in Lordstown, Ohio. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Sujan Patel | TRD Research - The Real Deal The sponsor of DiamondHead is DHP SPAC-II Sponsor LLC, an entity controlled by David Hamamoto. PDF United Homes Group ("UHG") DiamondHead's CEO/Chairman Buys Another 250K Shares Before Merger With Insider Trading Activity - HAMAMOTO DAVID T - SEC Form 4 We have David Hamamoto, who is the Chairman and Co-CEO of DiamondHead Holdings, our SPAC partner, and will also be a UHG board member. The fund owned 147,501 shares of the companys stock after buying an additional 37,626 shares during the quarter. Latest SPAC Liquidations: VPC Impact Acquisition Holdings II VPC Impact Acquisition Holdings II(VPCB) to Liquidate on March 9 VPC Impact Acquisition Holdings II (NASDAQ: VPCB) today announced that it will redeem all of its outstanding Class A ordinary shares on March 21. Renaissance Capital->. Our website may send a cookie to your computer or mobile device. The company is led by CEO and ChairmanDavid Hamamoto, founder ofDiamond Head Partners and formerExecutive Vice Chairman of Colony Capital. In November, Mr. Burns said there were 50,000 serious orders, and in January the number shot up to 100,000. Additionally, it plans to focus on businesses with enterprise values between $350 million and $2 billion. Ray ID: 7a2d9d928d2fd229 The company is led by CEO and Chairman David Hamamoto, founder of Diamond Head Partners and former Executive Vice Chairman of Colony Capital. NorthStar Realty Finance | TRD Research - The Real Deal He is joined by CFO and Director Keith Feldman, formerCFO of NorthStar Realty Europe (NYSE: NRE) and Managing Director of Colony Capital. Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DiamondHead Holdings Corp. (NASDAQ:DHHC Get Rating). This cookie is a text file stored on your computer that is used for analytic web usage information. DiamondHead Holdings plans to list on the Nasdaq under the symbol DHHCU. Goldman Sachs & Co. LLC is serving as book-running manager for the offering. So for a company like Lordstown which had no revenue and no truck for sale to succeed, having a management team that could oversee such a complicated endeavor was all the more important. NRE (NorthStar Realty Europe) Dividend Payout Ratio David received a B. S. degree from Stanford University and a M. B. New York, New York. The cookie may also be used to present advertising tailored to your web usage. I am excited for the next chapter for GSH, where through the combination of my operational expertise with David Hamamotos public company and capital markets experience, we plan to grow UHG into a national homebuilder. SPAC DiamondHead Holdings prices $300 million IPO; David Hamamoto For purposes of the minimum cash condition, cash includes cash in the DiamondHead trust account after giving effect to redemptions (including the $25 million commitment to purchase and not redeem DHHC public shares from the DHHC sponsor group, including David Hamamoto and Antara Capital) and any other permitted financings obtained in connection with the completion of the transaction. Diamondhead Holdings Corp. (DHHC) - Insider Monkey Hamamoto, for example, sold 1 million shares at $16.38 per unit for a total of $16.38 million on Oct. 22, 2020 . Mr. Hamamoto, whose investment group once owned a fifth of the SPAC, got some of those shares at a steep discount meaning that they lose little even if the stock collapses. Lordstown Motors Corp. 23 May 22. 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. Significant Real Estate & Public Markets Experience . He began selling his stock after the companys bullish predictions didnt come to fruition and walked away with about $4,000 in profits. The company's CEO David Hamamoto is the largest shareholder with 20% of shares outstanding. Diamond Head State Monument - Hawaii State Parks Exhibit 10.14 - sec.gov The following month, SEC filings showed Hamamoto sold off large chunks of his shares at prices as high as $12 per unit, making $27 million. This was a buyer beware situation, he said. S-4/A Form - [Amend] Registration of securities, business combinations On Thursday afternoon following the closure of US equity markets, a form 4 was filed for DiamondHead Holdings (NASDAQ:DHHC) which revealed the groups CEO and Chairman David Hamamoto had bought more stock in the blank check company ahead of its planned merger with Great Southern Homes. David Hamamoto. Get your FREE TRIAL now. These symbols will be available throughout the site during your session. 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 . SC 13G. DiamondHead and Antara Capital. The heat is on Mr. Hamamoto. He is also a director and chairman of the nominating and corporate governance committee of Lordstown. Neither Mr. Hamamoto nor his representatives talked to executives at Workhorse about Mr. Burnss stewardship or what had motivated him to suddenly resign and later pursue the factory in Ohio, a person briefed on the merger process said. David T Hamamoto, 62 - New York, NY - Has Court or Arrest Records - MyLife SEC Info - DiamondHead Holdings Corp. - 'PRE 14A' for 11/18/22 Each unit consists of one share of common stock and one-fourth of a warrant, exercisable at $11.50. DiamondHead Holdings Corp. . He had raised $250 million from big Wall Street investors including BlackRock, and spent more than a year looking at over 100 potential targets. Verition Fund Management LLC Acquires 37,626 Shares of DiamondHead Track SPACs on IPO Pro. Goldman, which was working with Mr. Hamamoto and arranged $500 million in additional financing for the acquisition, ran only a standard background check on Mr. Burns a public-records search that took more effort than simply looking him up on Google but stopped short of any interviews, a person familiar with the banks activities said. And Lordstown has yet to begin producing its first truck. 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. Through organic growth, GSH has become the 25thranked starter-home builder and the 41stranked single-family detached home builder in the United States, respectively, based on 2021 home closings according toPro Builders 2022 Housing Giants Report. 74.00% of the stock is currently owned by institutional investors. Hamamoto David T insider ownership history Insider history. Tourist walkway in Diamond Head State Monument. Uncover the latest insider trading activity for DiamondHead Holdings Corp. (DHHC). Even Tesla, the industrys breakout star, didnt deliver its first car until 2008 five years after it was founded. Lordstown Motors Corp. 26 Oct 20. David T. Hamamoto. Mr. Karacic, who hasnt broken even, said he harbored no ill will toward the early investors. Plum I (NASDAQ:PLMI) has entered into a definitive agreement to combine with additive manufacturing battery company Sakuu at an enterprise value of $705 million. 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 . Stephen Cummings, who has known Mr. Hamamoto for 15 years and served on the board of one of his companies, said the investor has been successful because he is smart, creative and consistently reliable, and has always kept the interests of all his shareholders at heart. Founder of Northstar Asset Management Group, Inc., NorthStar Realty Europe Corp., NorthStar Capital Investment Corp. and Diamond Head Partners LLC, David T. Hamamoto is an entrepreneur and businessperson who has been at the helm of 15 different companies and currently occupies the position of Chairman of Northstar Europe SA . Sign in for more on DiamondHead Holdings Corp.: Structure and cap table; 6 directors & officers; 19 filings and events; 1 underwriters; 2 deal advisors; . Jan 18, 2019 INTEL by Kristi Marvin. In addition, approximately 2.1 million shares owned by the Sponsor currently will be subject to the earn-out. Great Southern Homes, one of the largest homebuilders in the Southeast, has entered into a definitive merger agreement with Diamondhead Holdings, Corp., a special purpose acquisition company with $345 million in trust. Some small investors continued to buy even as Lordstown unraveled. Sullivan & Cromwell LLP is acting as counsel to DHHC. The transaction will also require the consent of GSHs lenders and the approval of DHHC stockholders, and is subject to customary closing conditions. The company has burned through hundreds of millions of dollars in cash. Honolulu, HI 96815. Erik Gordon, a business professor at the University of Michigan, said Mr. Hamamoto had an obligation to check into all aspects of Lordstown before signing the deal, including Mr. Burnss abilities to run a large public company. Hamamoto David T Stock Data, Filings, Earnings, News & Transcripts In early August, news of the merger of DiamondPeak and Lordstown drove shares of the SPAC up 20 percent. You do not have access to www.builderonline.com. Diamond Head Rd. . Insider . We believe there continues to be a massive undersupply of single family homes in the U.S., especially in starter and first move up products which will result in significant demand for the foreseeable future. The sponsor of DiamondHead is DHP SPAC-II Sponsor LLC, an entity controlled by David Hamamoto. Renaissance Capital for The transaction values the combined company at a pro forma enterprise value of approximately $572 million, as of December 31, 2022. Diamondhead's CEO/Chairman Buys Another 250K Shares Before M . Don't risk buying another IPO without IPO Pro. Date Owner Security . Diamond Head is a volcanic cone on the Hawaiian island of Oahu and is the most popular Hawaii State Park. Finally, Bank of Montreal Can increased its position in DiamondHead by 14.8% in the third quarter. Cookies collect anonymous information, but not personally identifiable information. James Wei's company, Puuwai Estate LLC, owns 3133 Diamond Head Road and Peter Tomozawa's (correct spelling) wife, Donna Leduc . diamondhead holdings corp c/wts 28/01/2028 (to pur com)(dhhcw) 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. 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. DiamondHead Holdings Corp. (via Public) / Management Change (800) 464-2924. United Homes Group - Announcement