These symbols will be available throughout the site during your session. David T. Hamamoto. 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. MarketBeat.com's FREE daily email newsletter, Kroger Shares Gap Up on Better-Than-Expected Earnings. David T. Hamamoto - Biography - MarketScreener.com Regulators are investigating whether its founder, Steve Burns, who resigned as chief executive in June, overstated claims about truck orders. 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. Verition Fund Management LLC Acquires 37,626 Shares of DiamondHead 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. 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. David W Hamamoto, David Amatoto, David H Hamamoto, David Marty Hamamoto and David T Hamamoto are some of the alias or nicknames that David has used. DiamondHead Holdings, the second blank check company led by David Hamamoto targeting businesses with growth potential, raised $300 million by offering 30 million units at $10. Goldman Sachs & Co. LLC is serving as book-running manager for the offering. DiamondHead Holdings, CEO and Chairman 250 Park Avenue, New York, NY, 212-572-6260 . Diamond Head Rd. (Photo Credit: Jamison Logan / Shutterstock.com) 5. 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. DiamondHead Holdings Corp. 25 Jan 21. DiamondHead Holdings Corp. 19 Jan 23. DiamondHead Holdings Corp. ("DiamondHead") (NASDAQ: DHHC) is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination. 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. 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. What Kind Of Shareholders Hold The Majority In DiamondHead - Yahoo! Renaissance Capital for David Hamamoto, Chairman and 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.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. 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. I figured G.M. David's ethnicity is Asian American, whose . It happens all the time, everywhere, he said. David Hamamoto is the CEO and Chairman of SPAC firm Diamondhead Holdings and. Although he had previously run a public company, the electric vehicle start-up Workhorse Group, his record there was spotty. The fund owned 147,501 shares of the company's stock after buying an additional 37,626 shares during the quarter. we can see that the largest shareholder is the CEO David Hamamoto with 20% of shares outstanding. Mr. Hamamotos scrutiny of Lordstowns business was most likely far less than the inspection that a company undergoes in a conventional initial public offering. 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. 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. 3. Renaissance Capital LLC is an SEC-registered investment adviser. But Mr. Hamamoto didnt focus much on assessing the work experience of Lordstowns management team, including Mr. Burns, who would continue to run the company after the SPAC merger, two people familiar with the matter said. Our management team is led by our Chief Executive Officer and Chairman, David Hamamoto, and our Chief Financial Officer, Keith Feldman. David Hamamoto. The company's CEO David Hamamoto is the largest shareholder with 20% of shares outstanding. Each unit consists of one share of common stock and one-fourth of a warrant, exercisable at $11.50. Chaos ensued. Looking for David Hamamoto online? 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 . You do not have access to www.builderonline.com. 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. SC 13G. Employer Identification No.) 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. But why? Relatives & Associates. DiamondHead Holdings, the second blank check company led by David Hamamoto targeting businesses with growth potential, raised $300 million by offering 30 million units at $10. David T. Hamamoto our Chairman and Chief Executive Officer since inception, is the Founder of Diamond Head Partners, LLC which he established in 2017. 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. One investor was Maximillian Lawrence, an artist and a high school teacher in Philadelphia. This information is used to improve our services. 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. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Stephen Cummings, who has known Mr. Hamamoto for 15 years and served on the board of one of his companies, said the investor has been successful because he is smart, creative and consistently reliable, and has always kept the interests of all his shareholders at heart. Recently, federal prosecutors in Manhattan opened their own inquiry. 74.00% of the stock is currently owned by institutional investors. Lordstown went public in October via a merger with Mr. Hamamotos special purpose acquisition company, DiamondPeak Holdings. Meet the Heavy Hitters Funding Lordstown Motors 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. I (PLMI) to Combine with Sakuu in $705M Deal. Its stock price has plunged to $9, from around $31. The company also shared additional information about itself with DiamondPeak. 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. SPAC DiamondHead Holdings prices $300 million IPO; David Hamamoto 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 HAMAMOTO DAVID T Director: 12,328: $0: 4,241,463 (Direct) View: 2021-01-25 Ownership: 2021-01-25 8:52 pm: N/A N/A: DiamondHead Holdings Corp. DHHC: HAMAMOTO DAVID T DHP SPAC-II Sponsor LLC CEO Chairman: 0: $0: 8,625,000 (Indirect) View: 2020-10-22 Exercise: 2020-10-26 8:33 pm: N/A N/A: Lordstown Motors Corp. RIDE: HAMAMOTO DAVID T Director . Martha M Hamamoto, 63 - New York, NY - Has Court or Arrest Records 4. All rights reserved. DiamondHead Holdings, CEO and Chairman 250 Park Avenue, New York, NY, 212-572-6260 . Total SPAC deal count for 2021 year-to-date is now 74 with $20.98 billion in gross proceeds raised. DiamondHead Holdings Corp. (via Public) / Management Change Neither Mr. Hamamoto nor his representatives talked to executives at Workhorse about Mr. Burnss stewardship or what had motivated him to suddenly resign and later pursue the factory in Ohio, a person briefed on the merger process said. Lordstown also operated in an industry with one of the lowest rates of success; few start-ups have succeeded at mass producing electric vehicles. Diamondhead Holdings Corp. (DHHC) latest news, insider trading and hedge fund ownership data provided by Insider Monkey. A few months earlier, other insiders had sold $3 million worth of shares. Hamamoto's second SPAC DiamondHead Holdings files for a $300 - IPOs 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. 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 . . In an I.P.O., a company is held to strict reporting standards about its finances and prospects. Latest SPAC Liquidations: VPC Impact Acquisition Holdings II VPC Impact Acquisition Holdings II(VPCB) to Liquidate on March 9 VPC Impact Acquisition Holdings II (NASDAQ: VPCB) today announced that it will redeem all of its outstanding Class A ordinary shares on March 21. United Homes Group - Announcement Person, a natural person, is the Chairman and Co-Chief Executive Officer of the Issuer, and the managing member of Diamond Head Partners LLC. DiamondHead's CEO/Chairman Buys Another 250K Shares Before Merger With Diamondhead's CEO/Chairman Buys Another 250K Shares Before M He also serves as Advior at Life House. Team. Sign in to view structure, cap table, and calendar of events. By the time Goldman took Lordstown to him, Mr. Hamamotos team had lost out on several other opportunities, a person familiar with the matter said. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. To specify this, check the privacy settings on your browser. The latest filing, Hamamoto disclosed the purchase of 250,000 DHHCU shares at an average price of $10.087 each per share. 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. Now Lordstown is flailing. This page provides a comprehensive analysis of the known insider trading history of David T Hamamoto. The founder has bought 1.25 million shares above the SPAC merger price and ahead of the completed merger. He is joined by CFO and DirectorKeith Feldman, formerCFO of NorthStar Realty Europe (NYSE: NRE) and Managing Director of Colony Capital. David T Hamamoto, 62 - New York, NY - Has Court or Arrest Records - MyLife Gates Capital Management Reduces Risk . DiamondHead Holdings Corp. 13 Jan 23. Mr. Hamamoto Co-Founded NorthStar Capital in July 1997 which he served as Co-Chief Executive Officer until October 2004. Want to see what other hedge funds are holding DHHC? Provide free DIAMONDHEAD HOLDINGS CORP C/WTS 28/01/2028 (TO PUR COM)(DHHCW) major events announcements, including the company's latest resolutions of the general meeting of shareholders, notices of board meeting, important performance progress and other announcements. The company is led by CEO and ChairmanDavid Hamamoto, founder ofDiamond Head Partners and formerExecutive Vice Chairman of Colony Capital. Discovery Communications' David Zaslav tops the list -- with . First Look: The SPAC Deal That Will Take Electric-Pickup Start-Up The sponsor of DiamondHead is DHP SPAC-II Sponsor LLC, an entity controlled by David Hamamoto. Mr. Hamamoto and Mr. Feldman have had a relationship for more than 15 years and average more than 30 years of real estate and alternatives investing experience across the public and private markets. . The British soldiers who visited the area in the . The 15 highest-paid corporate chiefs in America took home a whopping $1.1 billion last year -- about $70 million apiece on average. Jan 18, 2019 INTEL by Kristi Marvin. In Lordstown, those forces eventually collided, highlighting the uneven playing field between Wall Street and Main Street. Name Age Title; David T. Hamamoto 61: Chairman and Co-CEO: Keith Feldman 44: CFO: Judith A. Hannaway 67: Director: NorthStar Realty Finance | TRD Research - The Real Deal BTIG, LLC is acting as exclusive sell-side advisor to GSH. DiamondHead Holdings Corp. | SPAC Research document.write(new Date().getFullYear()) United Homes Group. Each unit consists of one share of common stock and one-fourth of a warrant, exercisable at $11.50. Get your FREE TRIAL now. He resigned as chief executive in June. 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. 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. Important Disclosures Receive News & Ratings for DiamondHead Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DiamondHead and related companies with MarketBeat.com's FREE daily email newsletter. Michael Nieri, Founder and CEO of Great Southern Homes, said, For over 20 years I have worked to build GSH into the leading Southeast homebuilder it is today. We look forward to supporting the companys growth trajectory and future M&A plans.. The Company builds homes in South Carolina and Georgia, focusing on the entry level and first time move up home buyer segments. We may also collect analytic tracking information about your visits to our website. Mr. Hamamoto remains at Lordstown, but has floated a new shell company, in which BlackRock is again an investor. Verition Fund Management LLC's holdings in DiamondHead were worth $1,456,000 as of [] SEC Info - DiamondHead Holdings Corp. - 'PRE 14A' for 11/18/22 9. David T. Hamamoto - 15 top-paid CEOs - CNNMoney GSH was 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. Press Release On Monday September 12th, 2022, it was publicly announced that Great Southern Homes (GSH), one of the largest homebuilders in the Southeast, entered into a definitive merger agreement with DiamondHead Holdings Corp., a special purpose acquisition company. . Great Southern Homes and DiamondHead Holdings To Merge Mr. David T. Hamamoto II is Chairman at DiamondHead Holdings Corp since October 7, 2020 and served as its Chief Executive Officer since October 7, 2020 until August 02, 2022. 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. David T Hamamoto - Insider Trading Tracker - Fintel DiamondHead Holdings Corp. - United Homes Group, Inc. (UHG) Investor David T Hamamoto is Lead Director at Lordstown Motors Corp. See David T Hamamoto's compensation, career history, education, & memberships. DiamondHead Holdings Corp. - DHHC / DiamondHead Holdings Corp. Class A Sullivan & Cromwell LLP is acting as counsel to DHHC. DiamondHead's CEO/Chairman Buys Another 250K Shares Before Merger With Renaissance Capital->. . 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. The stock has a fifty day moving average of $10.09 and a 200-day moving average of $9.98. I was willing to overlook a lot of things because of the affiliation with G.M. Upon closing of the merger, GSH will become a publicly traded company, and DiamondHead (NASDAQ: DHHC) [] The sponsor of DiamondHead is DHP SPAC-II Sponsor LLC, an entity controlled by David Hamamoto. Copy and paste multiple symbols separated by spaces. Cloudflare is currently unable to resolve your requested domain. Ray ID: 7a2d9d928d2fd229 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 . In early 2019, he launched his SPAC, DiamondPeak, with the intention of merging with a real estate business. . 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. Diamondhead Holdings Corp. - Home 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. kauai obituaries july 2020 David Hamamoto is 62 years old and was born on 10/26/1959. Goldman Sachs is the sole bookrunner on the deal. 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. Assuming no redemptions from DHHC shareholders, the transaction will deliver approximately $320 million in cash proceeds, net of estimated transaction costs, to the combined company including a $25 million commitment to purchase and not redeem DHHC public shares from the DHHC sponsor group, including David Hamamoto and Antara Capital. 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 . Verition Fund Management LLC Sells 1,335 Shares of TE Connectivity Ltd. (NYSE:TEL), Verition Fund Management LLC Has $1.48 Million Position in Acuity Brands, Inc. (NYSE:AYI), Get a free copy of the StockNews.com research report on DiamondHead (DHHC), Lucira Stock Jumps over 250% on FDA Approval, Beware Chapter 11. Also in February, the Securities and Exchange Commission began investigating Lordstown about statements that Mr. Burns had made about the companys sales prospects. Insider Sales DHHC / DiamondHead Holdings Corp. Class A - Short . 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. Great Southern Homes Enters Merger Agreement with DiamondHead Holdings Exhibit 10.14 - sec.gov David Hamamoto in 2007. David T. Hamamoto | Board Member | Lordstown Motors Corp. 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 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 - Chairman & Chief Executive Officer - Crunchbase The obligation of GSH to complete the transaction is subject to a minimum cash condition of $125 million. Wolverine Asset Management LLC increased its position in DiamondHead by 146.7% in the third quarter. Traded: Venture Capital on LinkedIn: Traded: Venture Capital on American Stock Transfer & Trust Companyis acting as trustee. Two people briefed on the matter said Mr. Burns was already considering a new venture. The Board of Directors of GSH and DHHC have approved the transaction. The site owner may have set restrictions that prevent you from accessing the site. In November, Mr. Burns said there were 50,000 serious orders, and in January the number shot up to 100,000. The company filed confidentially on November 5, 2020. Honolulu, HI 96815. Previously, he served as Executive Vice Chairman of Colony NorthStar (now Colony Capital . At the same time, some early Wall Street investors and senior Lordstown executives used the opportunity to sell their stock. View David Hamamoto's profile on LinkedIn, the world's largest professional community. The company has burned through hundreds of millions of dollars in cash. 250 Park Ave., 7th Floor. 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. He had raised $250 million from big Wall Street investors including BlackRock, and spent more than a year looking at over 100 potential targets. Hamamoto David T Insdier Trading Report - Form 4 Filings Upon closing of the transaction, GSH will become a publicly traded company, and DiamondHead Holdings Corp. will be renamed United Homes Group, Inc. DiamondHead is expected to remain listed on the Nasdaq Capital Market and is expected to trade under the new ticker symbol UHG.. Hamamoto David T insider ownership history Insider history. Previously, he served as Executive Vice Chairman of Colony NorthStar (now Colony Capital, Inc. (NYSE:CLNY)), a real estate and investment management firm . James Wei's company, Puuwai Estate LLC, owns 3133 Diamond Head Road and Peter Tomozawa's (correct spelling) wife, Donna Leduc . The company's filing status is listed as Active and its File Number is 23103656. Great Southern Homes, one of the largest homebuilders in the Southeast, has entered into a definitive merger agreement with Diamondhead Holdings, Corp., a special purpose acquisition company with $345 million in trust.