Landsea Homes (LSEA) said Friday it has priced an underwritten public offering of nearly 6.1 million common shares at $10.25 apiece for gross proceeds of $62.4 million.
The selling stockholders, Landsea Holdings and Ever Fast Holdings, have offered the underwriters a 30-day option to buy up to an additional 913,043 shares at the public offering price, Landsea Homes said.
The company also said it is not selling any shares in the offering, which will likely close around Monday.
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