He is joined by CFO and DirectorKeith Feldman, formerCFO of NorthStar Realty Europe (NYSE: NRE) and Managing Director of Colony Capital. Diamondhead Holdings Corp. (DHHC) - Insider Monkey . At Workhorse, he often touted the viability of a personal hybrid-electric helicopter called Surefly a vehicle that had never proved commercially viable. 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. David Hamamoto. Hamamoto's second SPAC DiamondHead Holdings files for a $300 million David Hamamoto - Chairman & Chief Executive Officer - Crunchbase diamondhead holdings corp c/wts 28/01/2028 (to pur com)(dhhcw) Renaissance Capital LLC is an SEC-registered investment adviser. The site owner may have set restrictions that prevent you from accessing the site. David Hamamoto General Information. The most-recent trade in DiamondHead Holdings Corp is the acquisition of 250,000 shares on January 18, 2023, which cost David T Hamamoto around $3 Million. Don't risk buying another IPO without IPO Pro. The cookie may also be used to present advertising tailored to your web usage. Chairman & Co -CEO DiamondHeadPartners. David T. Hamamoto. Insider . He is joined by CFO and Director Keith Feldman, formerCFO of NorthStar Realty Europe (NYSE: NRE) and Managing Director of Colony Capital. SPAC DiamondHead Holdings prices $300 million IPO; David Hamamoto follows up RIDE deal, Renaissance International ETF (symbol: IPOS), Do Not Sell My Personal Information (CA Residents Only). David T Hamamoto, Lordstown Motors Corp: Profile and Biography Recent insider trades. Verition Fund Management LLC's holdings in DiamondHead were worth $1,456,000 as of [] 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 . 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Shares of NASDAQ DHHC opened at $10.14 on Wednesday. Diamondhead Holdings Corp. - Home Total SPAC deal count for 2021 year-to-date is now 74 with $20.98 billion in gross proceeds raised. David Hamamoto is 62 years old and was born on 10/26/1959. The stock has a fifty day moving average of $10.09 and a 200-day moving average of $9.98. David has 1 job listed on their profile. David Hamamoto in 2007. In addition, approximately 2.1 million shares owned by the Sponsor currently will be subject to the earn-out. Mr. Hamamoto, along with members of his team and Goldman bankers, made at least two visits to the Lordstown factory in Lordstown, Ohio, to meet with Mr. Burns in June last year, according to regulatory documents. Our website may send a cookie to your computer or mobile device. Track SPACs on IPO Pro. 7 Things You Need To Know Before Visiting Diamond Head, Hawaii DiamondHead Holdings Corp. has a fifty-two week low of $9.74 and a fifty-two week high of $10.99. Should you choose not to accept cookies, this may have an effect on website performance or accessibility. Great Southern Homes (GSH) is one of the largest and most established homebuilders in the Southeast, having built more than 11,000 homes over the last two decades. Each unit consists of one share of common stock and one-fourth of a warrant, exercisable at $11.50. The new company aims to have a broad search focus but intends to identify and acquire a business that could benefit from a hands-on partner with extensive operational, capital markets and investment management experience. You do not have access to www.builderonline.com. Copyright 2012 - 2023 | citybiz | All Rights Reserved, Advertising / Media / Communications / Public Relations. 2023 Renaissance Capital LLC. DiamondHead is co-sponsored by Antara Capital, which is an event-driven hedge fund founded by Himanshu Gulati in 2018 that invests across a wide variety of financial instruments, including loans, bonds, convertible bonds, stressed/distressed credit and special situation equity investments. If he couldnt close a deal soon, he would have to return the money. Discovery Communications' David Zaslav tops the list -- with . Reviews. Purchases New Holdings in Ball Co. (NYSE:BALL), Blueshift Asset Management LLC Sells 21,016 Shares of Dell Technologies Inc. (NYSE:DELL), Cary Street Partners Investment Advisory LLC Has $126,000 Stock Holdings in Yum China Holdings, Inc. (NYSE:YUMC). A native of Hawaii, Mr. Hamamoto began his career at Goldman Sachs, where he helped run the banks real estate investment companies, known as the Whitehall Street funds. Diamondhead's CEO/Chairman Buys Another 250K Shares Before M Each unit consists of one share of common stock and one-fourth of a warrant, exercisable at $11.50. DiamondHead Holdings Corp. | SPAC Research document.write(new Date().getFullYear()) United Homes Group. Mr. Burns, 62, left Workhorse in February 2019 to start Lordstown, leaving behind years of losses and a company that produced just a few hundred vehicles. BlackRock, which originally owned a little more than 2 percent of the combined company, reported owning about 1 percent in March. 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 . It also names as defendants current Lordstown Motors directors David Hamamoto (also a former DiamondPeak director), Jane Reiss, Keith Feldman, Dale Spencer, Martin Rucidlo, Mickey Kowitz, Angela Boydson and Michael Gates. Goldman Sachs acted as lead manager on the deal. 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. Marcum LLP serves as auditor. Dhhcw Diamondhead Holdings Corp C/Wts 28/01/2028 (To Pur Com) James Wei's company, Puuwai Estate LLC, owns 3133 Diamond Head Road and Peter Tomozawa's (correct spelling) wife, Donna Leduc . Law360 (March 8, 2022, 8:22 PM EST) -- A Delaware vice chancellor has refused to stay a stockholder suit challenging electric vehicle maker Lordstown Motors Corp.'s $1.6 billion merger with . He had raised $250 million from big Wall Street investors including BlackRock, and spent more than a year looking at over 100 potential targets. What Kind Of Shareholders Hold The Majority In DiamondHead - Yahoo! Small investors, who have become active players in the stock market in recent years, were among those driving up the price. He became one of Goldmans youngest partners before striking out on his own in 1997. David Hamamoto in 2007. DiamondHead co-CEO and chairman David Hamamoto has over 40 years of experience in real estate investing, as well as operating both private and public real estate businesses. A special committee of Lordstowns board reviewed the stock sales and said it had found nothing improper. DiamondHead and Antara Capital. Mr. Hamamoto, 61, has owned or operated splashy hotels, office buildings and nursing homes, eventually teaming up with others to build a real estate investment firm, NorthStar Investment. DiamondHead's CEO/Chairman Buys Another 250K Shares Before Merger With Renaissance Capital is the global leader in providing pre-IPO institutional research and management of IPO-focused investment products. In early 2019, he launched his SPAC, DiamondPeak, with the intention of merging with a real estate business. David Hamamoto was the founder and Chairman of the previously publicly-traded NorthStar real estate related companies: NorthStar Realty Finance Corp., NorthStar Asset Management Group, Inc. and NorthStar Realty Europe Corp. All rights reserved. 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. The sponsor of DiamondHead is DHP SPAC-II Sponsor LLC, an entity controlled by David Hamamoto. This cookie is a text file stored on your computer that is used for analytic web usage information. A. from Wharton School of Business at the University of Pennsylvania. kauai obituaries july 2020 And Rivian, a start-up that will begin delivering electric pickup trucks this year, has been working on its vehicles for more than 10 years. Each unit consists of one share of . Mr. Hamamoto Co-Founded NorthStar Capital in July 1997 which he served as Co-Chief Executive Officer until October 2004. I figured G.M. Verition Fund Management LLC increased its holdings in shares of DiamondHead Holdings Corp. (NASDAQ:DHHC Get Rating) by 34.2% during the third quarter, HoldingsChannel.com reports. Silicon Valley-based Sakuu makes solid-state and lithium metal batteries for complex active devices using proprietary additive manufacturing processes. In early August, news of the merger of DiamondPeak and Lordstown drove shares of the SPAC up 20 percent. He and Mr. Burns, who owns 26 percent of Lordstown, are bound by the merger agreement to hold on to their shares until October. Goldman Sachs & Co. LLC is serving as book-running manager for the offering. David Hamamoto is the CEO and Chairman of SPAC firm Diamondhead Holdings and. DiamondHead Holdings Corp. 13 Jan 23. Landscape Capital Management L.L.C. He is joined by CFO and Director Keith Feldman, formerCFO of NorthStar Realty Europe (NYSE: NRE) and Managing Director of Colony Capital. 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. Great Southern Homes, Inc., a Leading Private Homebuilder in the Know which insiders are buying and selling along with top shareholders and ownership breakdown. He began selling his stock after the companys bullish predictions didnt come to fruition and walked away with about $4,000 in profits. Exhibit 10.14 - sec.gov Recently, federal prosecutors in Manhattan opened their own inquiry. Thats exactly when BlackRock and other early Wall Street investors as well as top company executives, who all got their shares cheaply before the merger began to sell some of their holdings. The company is led by CEO and ChairmanDavid Hamamoto, founder ofDiamond Head Partners and formerExecutive Vice Chairman of Colony Capital. We have Tom O'Grady, at GSH and Future UHG board member and future UHG Chief Administrative Officer; Shelton Twine, GSH and future UHG Chief Operating Officer; and Keith Feldman, Chief Financial Officer of . David T Hamamoto is Lead Director at Lordstown Motors Corp. See David T Hamamoto's compensation, career history, education, & memberships. Good technology isnt enough, Mr. Gordon said. (800) 464-2924. 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 . Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. New York, New York 101777. T David Hamamoto, Co-Ceo, Chairman, 2023-01-19; Millennium Management, a hedge fund firm, and Fidelity, a mutual fund company, also reduced their stakes, filings show. The Registered Agent on file for this company is CT Corporation System and is located at 3800 North Central Avenue, Suite 460, Phoenix, AZ 85012. Sujan Patel | TRD Research - The Real Deal GSH is currently one of the largest homebuilders in the Southeast. Comprehensive performance, salary and tenure analysis for the CEO, board and leadership team. Great Southern Homes, Inc. and DiamondHead Holdings Corp. Announce we can see that the largest shareholder is the CEO David Hamamoto with 20% of shares outstanding. This page provides a comprehensive analysis of the known insider trading history of David T Hamamoto. . Wolverine Asset Management LLC now owns 359,579 shares of the companys stock worth $3,541,000 after buying an additional 213,819 shares during the last quarter. We do know that it's a SPAC formed by the energy-investing group at Silverpeak Capital, a New York-based private equity firm; and David Hamamoto, a serial entrepreneur with a long track record of . 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. Sullivan & Cromwell LLP is acting as counsel to DHHC. On Thursday afternoon following the closure of US equity markets, a form 4 was filed for DiamondHead Holdings 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.These trades come only one week after the Chairman bought 1 million shares at $1.09 last week on the 12th of January. 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. David and Martha Hamamoto own a house at 3125 Diamond Head Road. 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. The transaction values the combined company at a pro forma enterprise value of approximately $572 million, as of December 31, 2022. SEC Info - DiamondHead Holdings Corp. - 'PRE 14A' for 11/18/22 According to the SEC Form 4 filings, David T Hamamoto has made a total of 0 transactions in NorthStar Realty Finance Corp (NRF) over the past 5 years. A Wall Street innovation, SPACs are all the rage, having raised more than $190 billion from investors since the start of 2020, according to SPACInsider. Many look for medium term catalysts that will drive the share price higher. The company is led by CEO and Chairman David Hamamoto, founder of Diamond Head Partners and former Executive Vice Chairman of Colony Capital. It is illegal for insiders to make trades in their companies based on specific, non-public information. Maximillian Lawrence, an artist and a teacher in Philadelphia, said he had viewed his Lordstown shares as a long-term holding., $3.5 billion electric-vehicle battery factory. Goldman Sachs is the sole bookrunner on the deal. Mr. Hamamoto is a citizen of the United States of . 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. By contrast, SPAC mergers give companies that would find it challenging to go public on their own an easier path to the public markets. Lordstown also operated in an industry with one of the lowest rates of success; few start-ups have succeeded at mass producing electric vehicles. Great Southern Homes and DiamondHead Holdings To Merge Lordstown went public in October via a merger with Mr. Hamamotos special purpose acquisition company, DiamondPeak Holdings. At the same time, small investors have become a potent force in the markets, driving up the stock prices of companies like GameStop and lapping up shares of SPACs, which are highly speculative and can pose financial risks. DiamondHead Holdings plans to list on the Nasdaq under the symbol DHHCU. As of Aug. 6, Colony was trading at $1.98 per share. Mr. Burns, who fancied himself as the next Elon Musk, was known as a persuasive talker, prone to hyperbole, former Lordstown employees said. The founder has bought 1.25 million shares above the SPAC merger price and ahead of the completed merger. COLUMBIA, S.C. & NEW YORK(BUSINESS WIRE)Great Southern Homes, Inc. announced today that it has entered into a definitive merger agreement with DiamondHead Holdings Corp. (NASDAQ: DHHC), a special purpose acquisition company. . Steve Burns, the founder of Lordstown Motors, at its plant in Ohio last year. DiamondHead Holdings Ownership - Simply Wall St United Homes Group - Announcement The transaction is expected to close during the first quarter of 2023. Additionally, it plans to focus on businesses with enterprise values between $350 million and $2 billion. General Motors sold the plant to Mr. Burns in November 2019 for $20 million, prompting Mr. Trumps praise for the Lordstown founder. The company's filing status is listed as Active and its File Number is 23103656. Mr. Lawrence, 46, said he believed Lordstown would succeed largely because of the implicit backing of G.M. Owens Corning (NYSE:OC) Shares Sold by Capital Fund Management S.A. Nucor Co. (NYSE:NUE) Shares Sold by Blueshift Asset Management LLC, Stratasys Ltd. (NASDAQ:SSYS) Stock Holdings Lifted by AlphaCrest Capital Management LLC, Blueshift Asset Management LLC Lowers Stock Position in Urban Outfitters, Inc. (NASDAQ:URBN). Total SPAC deal count for 2021 year-to-date is now 74 with $20.98 billion in gross proceeds raised. Insider Sales DHHC / DiamondHead Holdings Corp. Class A - Short . Zoom Video Communications, Inc. (NASDAQ:ZM) Shares Acquired by BlackRock Inc. BlackRock Inc. Lowers Position in APA Co. (NASDAQ:APA), Piper Sandler Boosts Duolingo (NYSE:DUOL) Price Target to $127.00, BlackRock Inc. Cuts Holdings in NortonLifeLock Inc. (NASDAQ:NLOK), Altair Engineering Inc. (NASDAQ:ALTR) Insider Sells $161,325.00 in Stock, Caisse DE Depot ET Placement DU Quebec Has $2.15 Million Position in Franklin Resources, Inc. (NYSE:BEN), Capital Fund Management S.A. Makes New Investment in CVR Energy, Inc. (NYSE:CVI), 12,000 Shares in Stratasys Ltd. (NASDAQ:SSYS) Purchased by Gabelli Funds LLC. Additionally, it plans to focus on businesses with enterprise values between$350million and $2 billion. David T. Hamamoto - Biography - MarketScreener.com S-4/A Form - [Amend] Registration of securities, business combinations SPAC DiamondHead Holdings prices $300 million IPO; David Hamamoto Denby Fawcett: Illegal Diamond Head Gates Mysteriously Disappear David T Hamamoto, 62 - New York, NY - Has Court or Arrest Records - MyLife 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. DiamondHead Holdings Corp. 25 Jan 21. 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. Hamamoto's second SPAC DiamondHead Holdings files for a $300 - IPOs Sullivan & Cromwell LLP is serving as Issuers Counsel with Ropes & Gray LLPserving as Underwriters Counsel. Type a symbol or company name. David T. Hamamoto. Learn about DiamondHead Holdings Corp. (DHHC.U) stock's management team. (Photo Credit: Jamison Logan / Shutterstock.com) 5. Employer Identification No.) Joe Lukens, a high school friend of Mr. Burnss who owns more than 400,000 shares in Lordstown, said he remained a big believer in Mr. Burnss initial vision. DiamondPeak Holdings Corp (DPHCU) Files $250M SPAC - SPACInsider Hamamoto David T has traded RIDE, DHHC, DPHCU, CLNS, NSAM, NRF, NRE while serving in roles requiring financial disclosures. 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, Chairman of Ns Real Estate Income Trust Advisor LLC, Chairman & Co-Chief Executive Officer at DiamondHead Holdings Corp., Chairman at Spaxel LLC and Chairman & Chief Executive Officer at Northstar Healthcare Investors, Inc. David T. Hamamoto is also on the board of 6 other companies.
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