4//SEC Filing
CHEN HUAIJUN 4
Accession 0000950170-24-135501
CIK 0001721386other
Filed
Dec 10, 7:00 PM ET
Accepted
Dec 11, 6:16 PM ET
Size
7.7 KB
Accession
0000950170-24-135501
Insider Transaction Report
Form 4
CHEN HUAIJUN
10% Owner
Transactions
- Sale
Common Stock
2024-12-09$10.25/sh−3,565,217$36,543,474→ 534,783 total(indirect: Held by Ever Fast Holdings Limited) - Sale
Common Stock
2024-12-10$10.25/sh−534,783$5,481,526→ 0 total(indirect: Held by Ever Fast Holdings Limited)
Footnotes (3)
- [F1]On December 5, 2024, the Issuer entered into an underwriting agreement (the "Underwriting Agreement") with Landsea Holdings Corporation and Ever Fast Holdings Limited ("Ever Fast") as the selling stockholders and B. Riley Securities, Inc., as representative of the several underwriters named therein (the "Underwriters"), pursuant to which Ever Fast agreed to sell to the Underwriters an aggregate of 3,565,217 shares of common stock ("Common Stock") of the Issuer (the "Firm Shares") at a price per share of $10.25, before underwriting discounts and commissions (the "Secondary Offering"). The sale of the Firm Shares in the Secondary Offering closed on December 9, 2024.
- [F2]Shares held by Ever Fast Holdings Limited, a British Virgin Islands company wholly owned and controlled by 1103849 B.C. Ltd., a Birtish Columbia corporation, which is wholly owned and controlled by the Reporting Person.
- [F3]Ever Fast also granted the Underwriters a 30-day option to purchase up to an aggregate of 534,783 additional shares of Common Stock (the "Option Shares") owned by Ever Fast. On December 9, 2024, the Underwriters exercised the option to purchase the Option Shares and the sale of the Option Shares in the Secondary Offering closed on December 10, 2024.
Documents
Issuer
Landsea Homes Corp
CIK 0001721386
Entity typeother
Related Parties
1- filerCIK 0002024330
Filing Metadata
- Form type
- 4
- Filed
- Dec 10, 7:00 PM ET
- Accepted
- Dec 11, 6:16 PM ET
- Size
- 7.7 KB