DiamondHead Holdings Corp. (Name of Issuer) Class A Common Stock, par value $0.0001 per share (Title of Class of Securities) 25278L105 (CUSIP Number) David T. Hamamoto. You can see DiamondHead Holdings' historic earnings and revenue below, but keep in mind there's always more to the story. increased its position in DiamondHead by 177.5% in the third quarter. Behind the Lordstown Debacle, the Hand of a Wall Street Dealmaker Previously, he served as Executive Vice Chairman of Colony NorthStar (now Colony Capital . Hamamoto's previous SPAC,DiamondPeak Holdings, went public in February 2019 and completed its merger withEV pickup truck developer Lordstown Motors (RIDE; +133% from $10 offer price) in October 2020. The company's filing status is listed as Active and its File Number is 23103656. Renaissance Capital LLC is an SEC-registered investment adviser. A few months earlier, other insiders had sold $3 million worth of shares. The founder has bought 1.25 million shares above the SPAC merger price and ahead of the completed merger. Jan 18, 2019 INTEL by Kristi Marvin. Purchases New Holdings in Ball Co. Kroger (NYSE:KR) Shares Gap Up on Better-Than-Expected Earnings, AlphaCrest Capital Management LLC Trims Position in Best Buy Co., Inc. (NYSE:BBY), AlphaCrest Capital Management LLC Sells 26,238 Shares of Hormel Foods Co. (NYSE:HRL), Burlington Stores, Inc. (NYSE:BURL) Shares Sold by Eaton Vance Management, Tudor Investment Corp Et Al Increases Holdings in Artivion, Inc. (NYSE:AORT), BlackRock Inc. DiamondHead Holdings plans to list on the Nasdaq under the symbol DHHCU. The site owner may have set restrictions that prevent you from accessing the site. AlphaCrest Capital Management LLC Trims Position in Best Buy Co., Inc. AlphaCrest Capital Management LLC Sells 26,238 Shares of Hormel Foods Co. Burlington Stores, Inc. Shares Sold by Eaton Vance Management. Our management team is led by our Chief Executive Officer and Chairman, David Hamamoto, and our Chief Financial Officer, Keith Feldman. Diamondhead's CEO/Chairman Buys Another 250K Shares Before M Get your FREE TRIAL now. This page provides a comprehensive analysis of the known insider trading history of David T Hamamoto. The sponsor of DiamondHead is DHP SPAC-II Sponsor LLC, an entity controlled by David Hamamoto. 3. To specify this, check the privacy settings on your browser. We are impressed with the scale and operational performance of GSH, and we are excited to work with the GSH team in continuing their growth as a public homebuilder. Sign in to view structure, cap table, and calendar of events. Minimal Gear Needed. There can be no assurances that the minimum cash condition, which may be waived by GSH, will be satisfied. Each unit consists of one share of . United Homes Group - Announcement David T. Hamamoto | Board Member | Lordstown Motors Corp. We are impressed with the scale and operational performance of GSH, and we are excited to work with the GSH team in continuing their growth as a public homebuilder. . Get your FREE TRIAL now. On Thursday afternoon following the closure of US equity markets, a form 4 was filed for DiamondHead Holdings which revealed the group's CEO and Chairman David Hamamoto had bought more stock in . CEO Purchases DiamondHead Shares. document.write(new Date().getFullYear()) United Homes Group. Lordstown went public in October via a merger with Mr. Hamamotos special purpose acquisition company, DiamondPeak Holdings. DiamondHead Holdings Corp. has a fifty-two week low of $9.74 and a fifty-two week high of $10.99. by | Oct 29, 2021 | 415 417 south 10th street philadelphia, pa | is black tip ammo legal | Oct 29, 2021 | 415 417 south 10th street philadelphia, pa | is black tip ammo legal DiamondHead's CEO/Chairman Buys Another 250K Shares Before Merger With 10 Feb 21. Looking for David Hamamoto online? For context, the second . The article SPAC DiamondHead Holdings prices $300 million IPO; David Hamamoto follows up RIDE deal originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Find Instagram, Twitter, Facebook and TikTok profiles, images and more on IDCrawl - free people search website. Steve Burns, the founder of Lordstown Motors, at its plant in Ohio last year. Don't risk buying another IPO without IPO Pro. Renaissance Capital LLC is an SEC-registered investment adviser. Diamondhead Holdings Corp. - Team The transaction values the combined company at a pro forma enterprise value of approximately $572 million, as of December 31, 2022. The transaction also provides that additional Sponsor shares will become subject to the earn-out to the extent there is not $100 million of common stock at closing (including shares of common stock not redeemed, newly issued common stock and common stock subject to any convertible securities issued by DHHC prior to the closing). Our growth plans include both continued organic expansion as well as becoming a merger partner of choice for smaller regional homebuilders located in high growth markets. DIAMONDHEAD HOLDINGS CORP. (Exact name of registrant as specified in its charter) Delaware: 001-39936: 85-3460766 (State or other jurisdiction of (Commission File Number) (I.R.S. Goldman Sachs acted as lead manager on the deal. 4. He is joined by CFO and DirectorKeith Feldman, formerCFO of NorthStar Realty Europe (NYSE: NRE) and Managing Director of Colony Capital. . David Hamamoto is 62 years old and was born on 10/26/1959. The combined company is expected to be listed under the symbol SAKU once DiamondHead Holdings Corp. (DHHCU) Prices $300M IPO, Altimar III (ATAQ) Adjourns Extension Vote Again, The Latest Non-Redemption Agreements: March 3, 2023, The Latest SPAC News and Rumors: March 3, 2023, Plum Acquisition Corp. . Each unit consists of one share of common stock and one-fourth of a warrant, exercisable at $11.50. we can see that the largest shareholder is the CEO David Hamamoto with 20% of shares outstanding. DiamondHead Holdings was founded in 2020 and plans to list on the Nasdaq under the symbol DHHCU. Cloudflare is currently unable to resolve your requested domain. DiamondHead Holdings Corp. - DHHC / DiamondHead Holdings Corp. Class A / HAMAMOTO DAVID T - SC 13D Activist Investment - SC 13D - February 06, 2023 . Great Southern Homes, Inc. and DiamondHead Holdings Corp. Announce Create your Watchlist to save your favorite quotes on Nasdaq.com. He is also a Director of Lordstown Motors Corp. (NYSE:RIDE) and previously served as the Chairman and Chief Executive Officer of DiamondPeak Holdings Corp. While the company has not selected a target industry or geography, DiamondHead Holdings plans to focus on businesses with compelling growth potential and competitive market position, strong management teams, among other characteristics. Lordstown Motors Investors Sue Executives, Directors, Alleging Since he knew little about electric vehicles, Mr. Hamamoto hired McKinsey to assess whether the technology that Lordstown had licensed from others could be put together to build an electric truck, several people briefed on the matter said. david hamamoto diamondhead. It was June 2020, and Mr. Hamamoto, a former Goldman Sachs executive who invested in real estate, was searching for a business to take public through a . The cookie may also be used to present advertising tailored to your web usage. In addition, David Hamamoto was a former partner at Goldman, Sachs & Co. and the co-founder of its Real Estate Principal Investment Group and Whitehall funds. Mr. Karacic, who hasnt broken even, said he harbored no ill will toward the early investors. Mr. The New York, NY-based company plans to raise $300 million by offering 30 million units at $10. S-4/A Form - [Amend] Registration of securities, business combinations David Hamamoto in 2007. Diamond Head is a volcanic cone on the Hawaiian island of Oahu and is the most popular Hawaii State Park. Hamamoto's previous SPAC, DiamondPeak Holdings, went public in February 2019 and completed its merger with EV pickup truck developer Lordstown Motors(RIDE; +132% from $10 offer price) in October 2020. Each unit consists of one share of common stock and one-fourth of a warrant, exercisable at $11.50. Renaissance Capital for He resigned as chief executive in June. Tourist walkway in Diamond Head State Monument. David Hamamoto. Mr. Lawrence, the artist, isnt so sure. David has 1 job listed on their profile. Now Lordstown is flailing. In November, Mr. Burns said there were 50,000 serious orders, and in January the number shot up to 100,000. David Hamamoto, Chairman, co-CEO of DiamondHead Holdings Corp., commented: We are thrilled to partner with Michael Nieri and the GSH team and look forward to executing on our shared long-term vision. 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. David T. Hamamoto our Chairman and Chief Executive Officer since inception, is the Founder of Diamond Head Partners, LLC which he established in 2017. Find Instagram, Twitter, Facebook and TikTok profiles, images and more on IDCrawl. DiamondHead's CEO/Chairman Buys Another 250K Shares Before Merger With David received a B. S. degree from Stanford University and a M. B. Hamamoto's second SPAC DiamondHead Holdings files for a $300 million 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. 7 Things You Need To Know Before Visiting Diamond Head, Hawaii Insider . From July 1983 to July 1997, Mr. Hamamoto worked for Goldman Sachs, where he was co-head of the Real Estate Principal Investment Area and general partner of it from February 1994 to June 1997. The fund owned 147,501 shares of the company's stock after buying an additional 37,626 shares during the quarter. David Hamamoto lives in New York, NY; previous cities include Honolulu HI and Park City UT. . David Hamamoto is the CEO and Chairman of SPAC firm Diamondhead Holdings and. Potential investors, media, and members of the public can find more information in the documents below: Jan 26, 2021 08:23AM EST. DiamondHead Holdings Corp.(DHHCU) 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. Founder of Diamond Head Partners LLC New York, New York . The heat is on Mr. Hamamoto. Description. Mr. Troicky, who lost close to a million dollars on his investment, later said in his lawsuit that he had based his decision on my own research of publicly available information. A federal judge recently approved him as the lead plaintiff in the pending class-action lawsuit. With 7.9% and 5.6% of the shares outstanding respectively, BlackRock, Inc. and Adage Capital Management, L.P. are the . DiamondHead Holdings Corp. 13 Jan 23. 2023 Renaissance Capital LLC. The Company currently has a presence in South Carolina and Georgia and focuses on providing high-quality, affordable homes for the entry-level and first move-up segments. The clock was ticking for David Hamamoto. Between October, when the company started trading on Nasdaq under the symbol RIDE, and March, the stock continued to climb. 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. DiamondHead Holdings Corp. does not have significant operations. All rights reserved. OTA Financial Group L.P. purchased a new stake in DiamondHead in the third quarter worth $235,000. . By contrast, SPAC mergers give companies that would find it challenging to go public on their own an easier path to the public markets. DiamondHead Holdings Corp. is a blank check special purpose acquisition company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. David and Martha Hamamoto own a house at 3125 Diamond Head Road. Small investors, who have become active players in the stock market in recent years, were among those driving up the price. James Wei's company, Puuwai Estate LLC, owns 3133 Diamond Head Road and Peter Tomozawa's (correct spelling) wife, Donna Leduc . In a statement, he said: During our diligence prior to entering into our business combination, it was clear that we have the technology and the assets to develop the first and best full-size all-electric pickup truck. He added that the board, management and the entire team are focused on making Lordstown Motors a success as we transition to the commercial stage of our business.. Track SPACs on IPO Pro. Many look for medium term catalysts that will drive the share price higher. Hamamoto David T has traded RIDE, DHHC, DPHCU, CLNS, NSAM, NRF, NRE while serving in roles requiring financial disclosures. Lordstown Motors Corp. 23 May 22. This information is used to improve our services. Ladies and Gentlemen: On behalf of our client, DiamondHead Holdings Corp. (the "Company"), this letter responds to a comment from the staff (the "Staff") of the Division of Corporation Finance of the U.S. Securities and Exchange Commission (the "Commission") in a telephone conversation on December 2, 2022 concerning the above-referenced Preliminary Proxy Statement on Schedule 14A, filed with . Learn about DiamondHead Holdings Corp. (DHHC.U) stock's management team. DiamondHead Holdings Ownership - Simply Wall St David Hamamoto in 2007. David T. Hamamoto Mr. Hamamoto has served as Chairman and Chief Executive Officer of DiamondPeak from inception and is the Founder of Diamond Head Partners, LLC which he established in 2017. In late September, Mr. Burns showed off a prototype of the Endurance truck at the White House an unveiling attended by Mr. Trump. The company is led by CEO and Chairman David Hamamoto, founder of Diamond Head Partners and former Executive Vice Chairman of Colony Capital. The company's CEO David Hamamoto is the largest shareholder with 20% of shares outstanding. DiamondHead Holdings Corp. announced the pricing of its $300 million IPO this morning and its units are expected to begin trading on the Nasdaq under the symbol DHHCU today, January 26. DiamondPeak Holdings Corp (DPHCU) Files $250M SPAC - SPACInsider 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 . Great Southern Homes, Inc., a Leading Private Homebuilder in the Copy and paste multiple symbols separated by spaces. kauai obituaries july 2020 Exhibit 10.14 - sec.gov Meet the Heavy Hitters Funding Lordstown Motors I (PLMI) to Combine with Sakuu in $705M Deal. In February, Lordstowns president and its former finance chief were among those who sold about $8 million in stock. 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. Ray ID: 7a2d9d928d2fd229 At the proposed deal size, DiamondHead Holdings would command a market value of $375 million. Track SPACs on IPO Pro. 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 . It happens all the time, everywhere, he said. 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 . 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 . He and Mr. Burns, who owns 26 percent of Lordstown, are bound by the merger agreement to hold on to their shares until October. DiamondHead Holdings, the second blank check company led by David Hamamoto targeting businesses with growth potential, filed on Friday with the SEC to raise up to $300 million in an initial public offering. As Docs:Size Issuer Filing Agent 11/18/22 DiamondHead Holdings Corp. PRE 14A 11/18/22 1:1.3M Toppan Merrill/FA Preliminary Proxy Statement Schedule 14A Filing Table of Contents DiamondHead Holdings, the second blank check company led by David Hamamoto targeting businesses with growth potential, filed on Friday with the SEC to raise up to $300 million in an initial public . I am excited for the next chapter for GSH, where, through the combination of my operational expertise with David Hamamoto s public company and capital markets experience, we plan to grow UHG into a leading national homebuilder.. (3) Pro -forma shares outstanding does not include the impact from the existing public or private warrants, the sponsor earnout shares, the UHG earnout shares, or the UHG equity incentive plan. Marcum LLP serves as auditor. Russia's war on Ukraine latest: Putin casts war as battle for nation's survival, India FM Jaishankar says Soros dangerous, debate needed on democracy, Buffett's Berkshire profit falls on investments, currencies, Bill Gates buys Heineken stake, despite saying he's 'not a big beer drinker', Elon Musk recruits team to develop OpenAI rival - The Information, Hedge fund manager Chris Hohn demands Airbus drop Atos deal - letter, Elon Musk's challenge: Stay ahead of the competition, ISS urges Apple shareholders to vote for CEO Tim Cook, other execs' pay packages, Elon Musk accuses media of racism after newspapers drop 'Dilbert' cartoon, French media billionaire Niel fails with bid for TNT television frequence - Arcom. Verition Fund Management LLCs holdings in DiamondHead were worth $1,456,000 as of its most recent filing with the Securities and Exchange Commission. Denby Fawcett: Illegal Diamond Head Gates Mysteriously Disappear 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.