Filing Details

Accession Number:
0000950170-24-135501
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-12-11 18:16:44
Reporting Period:
2024-12-09
Accepted Time:
2024-12-11 18:16:44
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1721386 Landsea Homes Corp LSEA Operative Builders (1531) 822196021
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
2024330 Huaijun Chen Rooms 1007 - 1012, 10/F
K. Wah Centre, 191 Java Road
North Point K3 000000
No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2024-12-09 3,565,217 $10.25 534,783 No 4 S Indirect Held by Ever Fast Holdings Limited
Common Stock Disposition 2024-12-10 534,783 $10.25 0 No 4 S Indirect Held by Ever Fast Holdings Limited
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect Held by Ever Fast Holdings Limited
No 4 S Indirect Held by Ever Fast Holdings Limited
Footnotes
  1. 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.
  2. 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.
  3. 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.