BUZZ-Landsea Homes falls on pricing secondary offering

Reuters
2024-12-06
BUZZ-Landsea Homes falls on pricing secondary offering

** Shares of Landsea Homes LSEA.O down 6.2% at $10.51 early Fri after overnight secondary offering priced

** Dallas, Texas-based residential homebuilder announces ~6.1 mln shares at $10.25

** Offering size increased from ~5 mln shares, priced at 8.5% discount to stock's last close

** Sellers are Landsea Holdings Corp and Ever Fast Holdings, which owned stakes of 24.9% and 11.3%, respectively, prior to offering

** LSEA has ~36.3 mln shares outstanding for ~$380 mln market cap, and ~20.5 mln shares of public float, per LSEG

** B. Riley Secs sole bookrunner for offering

** With move on the session, shares off ~20% YTD

(Lance Tupper is a Reuters market analyst. The views expressed are his own)

((lance.tupper@tr.com 1-646-279-6380))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10