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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. Mr. Lawrence, the artist, isnt so sure. Each unit consists of one share of common stock and one-fourth of a warrant, exercisable at $11.50. Landscape Capital Management L.L.C. Our website may send a cookie to your computer or mobile device. The site owner may have set restrictions that prevent you from accessing the site. The sponsor of DiamondHead is DHP SPAC-II Sponsor LLC, an entity controlled by David Hamamoto. Important Disclosures Copy and paste multiple symbols separated by spaces. 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. DHP MARANA, LLC is an Arizona Foreign LLC filed on July 6, 2020. A. from Wharton School of Business at the University of Pennsylvania. MarketBeat.com's FREE daily email newsletter, Kroger Shares Gap Up on Better-Than-Expected Earnings. . Jan 26, 2021 08:23AM EST. Mr. Hamamoto remains at Lordstown, but has floated a new shell company, in which BlackRock is again an investor. View David Hamamoto's profile on LinkedIn, the world's largest professional community. Significant Real Estate & Public Markets Experience . 2023 Renaissance Capital LLC. Know which insiders are buying and selling along with top shareholders and ownership breakdown. Nelson Mullins Riley & Scarborough LLP is acting as counsel to GSH. General Motors sold the plant to Mr. Burns in November 2019 for $20 million, prompting Mr. Trumps praise for the Lordstown founder. 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. With Lordstown shares trading around $18 in November, George Troicky, a self-employed investor from Cleveland, dived in, and he continued to buy over the next few months. Type a symbol or company name. Relatives & Associates. DiamondHead Holdings Corp.(DHHCU) 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. EVO TRANSPORTATION & ENERGY SERVICES, INC. Riverdale Country School, Inc. (New York). Want to see what other hedge funds are holding DHHC? Track SPACs on IPO Pro. A number of other hedge funds have also bought and sold shares of the business. DiamondHead Holdings plans to list on the Nasdaq under the symbol DHHCU. 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. Some small investors continued to buy even as Lordstown unraveled. We look forward to supporting the companys growth trajectory and future M&A plans.. Now Lordstown is flailing. DiamondHead Holdings Corp. 25 Jan 21. Mr. Hamamotos scrutiny of Lordstowns business was most likely far less than the inspection that a company undergoes in a conventional initial public offering. When you visit our website, we, may automatically collect information from you such as your Internet Protocol (IP) address, location, device and connection information such as browser type and version, plug-in types and versions, and operating system. 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. Previously, he served as Executive Vice Chairman of Colony NorthStar (now Colony Capital . Occidental Petroleum Pulls Back To The Sweet Spot. 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. He was eager to do a deal. 2023 Renaissance Capital LLC. Mr. Hamamoto is a citizen of the United States of . Goldman Sachs acted as lead manager on the deal. Previously, David was a Chairman at SPAXEL and also held positions at Colony Capital, Nsam, Goldman Sachs. 4. Mr. Burns did not respond to requests for comment. Marcum LLP serves as auditor. Should you choose not to accept the cookies used by our website, your internet browser can be set to reject or modify cookie usage based on your preferences. 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. DiamondHead Holdings Corp. 13 Jan 23. Plum I (NASDAQ:PLMI) has entered into a definitive agreement to combine with additive manufacturing battery company Sakuu at an enterprise value of $705 million. 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 company is led by CEO and ChairmanDavid Hamamoto, founder ofDiamond Head Partners and formerExecutive Vice Chairman of Colony Capital. A longtime real estate investor and former Goldman Sachs executive decided to take an electric truck company public. The company was incorporated in 2020 and is based in New York, New York. I (PLMI) to Combine with Sakuu in $705M Deal. He also serves as Advior at Life House. 3.Additional Agreement.Antara Capital LP ("Antara") agrees in connection with the Share Repurchase Commitment contemplated by paragraph 1, upon receipt of a written request from David T. Hamamoto ("Mr. Hamamoto"), to make a loan to Mr. Hamamoto in an amount up to $2,500,000 pursuant to a five year unsecured promissory note, which shall bear interest of 8% per annum from the date such . 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. DiamondHead Holdings Corp. . DiamondHead Holdings Corp. is led by Chairman and CEO David T. Hamamoto and CFO and Director Keith Feldman. It is illegal for insiders to make trades in their companies based on specific, non-public information. Get your FREE TRIAL now. David T. Hamamoto. The firms declined to comment on their holdings. DiamondHead Holdings Corp. is led by Chairman and CEO David T. Hamamoto and CFO and Director Keith Feldman. The transaction includes an earn-out provision pursuant to which GSH stockholders are entitled to receive up to an aggregate maximum of 20 million additional shares, over a five year period, as and when the share price of the combined company reaches certain thresholds. Jan 18, 2019 INTEL by Kristi Marvin. Mr. Karacic, who hasnt broken even, said he harbored no ill will toward the early investors. The heat is on Mr. Hamamoto. Upon closing of the merger, GSH will become a publicly traded company, and DiamondHead (NASDAQ: DHHC) [] We may also collect analytic tracking information about your visits to our website. A special committee of Lordstowns board reviewed the stock sales and said it had found nothing improper. GSH plans to employ a capital efficient land-light operating model that is expected to generate higher returns with lower cyclical risk compared to a traditional homebuilding operating model. Additionally, we are building out a programmatic, institutional build-to-rent platform, where our current product set and geographic footprint are well positioned to meet the demands of the strong and growing rental market for single family homes., 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. The fund owned 147,501 shares of the companys stock after buying an additional 37,626 shares during the quarter. On Thursday afternoon following the closure of US equity markets, a form 4 was filed for DiamondHead Holdings (NASDAQ:DHHC) 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. Give Hamamoto props for checking out the technology, but not checking out the jockey of the horse is an astonishing due-diligence failure., A representative for Mr. Hamamoto said, DiamondPeak performed extensive due diligence of Lordstown., Mr. Hamamoto declined to be interviewed. All rights reserved. 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 . Hamamoto David T has traded RIDE, DHHC, DPHCU, CLNS, NSAM, NRF, NRE while serving in roles requiring financial disclosures. 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 . 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 merger with his shell company. 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 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. Shares of NASDAQ DHHC opened at $10.14 on Wednesday. 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. 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 . Copyright 2012 - 2023 | citybiz | All Rights Reserved, Advertising / Media / Communications / Public Relations. Should you choose not to accept cookies, this may have an effect on website performance or accessibility. And Lordstown has yet to begin producing its first truck. Person, a natural person, is the Chairman and Co-Chief Executive Officer of the Issuer, and the managing member of Diamond Head Partners LLC. Looking for David Hamamoto online? . Important Disclosures 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. 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. Tudor Investment Corp Et Al Increases Holdings in Artivion, Inc. BlackRock Inc. 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. 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. 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. CEO Purchases DiamondHead Shares. This offering is expected to close on Thursday, January 28. 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 . In an I.P.O., a company is held to strict reporting standards about its finances and prospects. He and Mr. Burns, who owns 26 percent of Lordstown, are bound by the merger agreement to hold on to their shares until October. Renaissance Capital for DiamondHead Holdings Corp. - DHHC / DiamondHead Holdings Corp. Class A / HAMAMOTO DAVID T - SC 13D Activist Investment - SC 13D - February 06, 2023 . The obligation of GSH to complete the transaction is subject to a minimum cash condition of $125 million. David has 1 job listed on their profile. Silicon Valley-based Sakuu makes solid-state and lithium metal batteries for complex active devices using proprietary additive manufacturing processes. DiamondHead Holdings, CEO and Chairman 250 Park Avenue, New York, NY, 212-572-6260 . David Hamamoto General Information. The clock was ticking for David Hamamoto. Also in February, the Securities and Exchange Commission began investigating Lordstown about statements that Mr. Burns had made about the companys sales prospects. Don't risk buying another IPO without IPO Pro. . 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. Diamond Head is a volcanic cone on the Hawaiian island of Oahu and is the most popular Hawaii State Park. 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). The transaction values the combined company at a pro forma enterprise value of approximately $572 million, as of December 31, 2022. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. david hamamoto diamondhead. (Photo Credit: Jamison Logan / Shutterstock.com) 5. In late September, Mr. Burns showed off a prototype of the Endurance truck at the White House an unveiling attended by Mr. Trump. 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. . Zelman Partners is acting as exclusive M&A advisor to DiamondHead. 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 . One said Mr. Burns liked to engage in magical thinking, behaving as if he could will things into existence. In addition, approximately 2.1 million shares owned by the Sponsor currently will be subject to the earn-out. diamondhead holdings corp c/wts 28/01/2028 (to pur com)(dhhcw) For context, the second . 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. This information is used to improve our services. 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. I was willing to overlook a lot of things because of the affiliation with G.M. 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 our Chairman and Chief Executive Officer since inception, is the Founder of Diamond Head Partners, LLC which he established in 2017. DiamondHead Holdings Corp. has a fifty-two week low of $9.74 and a fifty-two week high of $10.99. increased its position in DiamondHead by 177.5% in the third quarter. New York, New York. Renaissance Capital is the global leader in providing pre-IPO institutional research and management of IPO-focused investment products. 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. we can see that the largest shareholder is the CEO David Hamamoto with 20% of shares outstanding. Our management team is led by our Chief Executive Officer and Chairman, David Hamamoto, and our Chief Financial Officer, Keith Feldman. The company's filing status is listed as Active and its File Number is 23103656. Between October, when the company started trading on Nasdaq under the symbol RIDE, and March, the stock continued to climb. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. bulletin board houses for rent montgomery, al; lorex notifications not working; matt fraser psychic net worth; why are canned peaches orange; connor mcdavid house address 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 . Mr. David Hamamoto serves as Chairman and Chief Executive Officer of Diamond Head Partners, LLC which he established in 2017. To specify this, check the privacy settings on your browser. 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. New York, New York 101777. Each unit consists of one share of common stock and one-fourth of a warrant, exercisable at $11.50. 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. But the venture started to tank shortly after the deal closed. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Diamondhead Holdings Corp. (DHHC) latest news, insider trading and hedge fund ownership data provided by Insider Monkey. Previously, he served as Executive Vice Chairman of Colony NorthStar (now Colony Capital, Inc. (NYSE:CLNY)), a real estate and investment management firm . Potential investors, media, and members of the public can find more information in the documents below: 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 . As part of the transaction, all of GSHs existing shareholders will roll 100% of their shares into shares of the combined company and, assuming no redemptions from DHHC public shareholders, will hold approximately 51% of the shares of the combined company on closing. 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. Chairman & Co -CEO DiamondHeadPartners. The clock was ticking for David Hamamoto. The Board of Directors of GSH and DHHC have approved the transaction. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Cloudflare is currently unable to resolve your requested domain. 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 . 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. 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. Erik Gordon, a business professor at the University of Michigan, said Mr. Hamamoto had an obligation to check into all aspects of Lordstown before signing the deal, including Mr. Burnss abilities to run a large public company. All rights reserved. SC 13G. Lordstown Motors Corp. 23 May 22. Martha Hamamoto is 63 years old and was born on 03/29/1959. David Hamamoto is the CEO and Chairman of SPAC firm Diamondhead Holdings and. Name Age Title; David T. Hamamoto 61: Chairman and Co-CEO: Keith Feldman 44: CFO: Judith A. Hannaway 67: Director: 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. For purposes of the minimum cash condition, cash includes cash in the DiamondHead trust account after giving effect to redemptions (including the $25 million commitment to purchase and not redeem DHHC public shares from the DHHC sponsor group, including David Hamamoto and Antara Capital) and any other permitted financings obtained in connection with the completion of the transaction. 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. . Find Instagram, Twitter, Facebook and TikTok profiles, images and more on IDCrawl. Should You Take a Cruise in Royal Caribbean Stock? This offering is expected to close on Thursday, January 28. Uncover the latest insider trading activity for DiamondHead Holdings Corp. (DHHC). 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 . Its stock price has plunged to $9, from around $31. DiamondHead Holdings, CEO and Chairman 250 Park Avenue, New York, NY, 212-572-6260 . 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. In November, Mr. Burns said there were 50,000 serious orders, and in January the number shot up to 100,000. Hamamoto David T insider ownership history Insider history. The sponsor of DiamondHead is DHP SPAC-II Sponsor LLC, an entity controlled by David Hamamoto. Goldman Sachs acted as lead manager on the deal. 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. Sullivan & Cromwell LLP is acting as counsel to DHHC. Mr. Hamamoto left the next year, selling stock worth $27 million. Wolverine Asset Management LLC increased its position in DiamondHead by 146.7% in the third quarter. Renaissance Capital->. 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. 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. 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). He became one of Goldmans youngest partners before striking out on his own in 1997. 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.. now owns 94,279 shares of the companys stock worth $929,000 after buying an additional 60,301 shares during the last quarter. 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. Lordstown also operated in an industry with one of the lowest rates of success; few start-ups have succeeded at mass producing electric vehicles. 10177 Total SPAC deal count for 2021 year-to-date is now 74 with $20.98 billion in gross proceeds raised. Mr. Lawrence, 46, said he believed Lordstown would succeed largely because of the implicit backing of G.M. He began selling his stock after the companys bullish predictions didnt come to fruition and walked away with about $4,000 in profits. 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. 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. The transaction will also require the consent of GSHs lenders and the approval of DHHC stockholders, and is subject to customary closing conditions. 250 Park Ave., 7th Floor. He is joined by CFO and Director Keith Feldman, formerCFO of NorthStar Realty Europe (NYSE: NRE) and Managing Director of Colony Capital. Mr. Burns and another top executive at Lordstown resigned after its board investigated the companys statements about truck orders. MERGER IMAGE: David Hamamoto & Mike Satterfield DATE: 09/12/2022 COMPANIES: Great Southern Homes, Inc & DiamondHead Holdings Corp VALUATION: $572,000,000 With 7.9% and 5.6% of the shares outstanding respectively, BlackRock, Inc. and Adage Capital Management, L.P. are the . 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. David T Hamamoto is Lead Director at Lordstown Motors Corp. See David T Hamamoto's compensation, career history, education, & memberships. David Hamamoto is 62 years old and was born on 10/26/1959. David Hamamoto is a Chairman Chairman's Search Committee at Lordstown Motors based in Lordstown, Ohio. BlackRock, which originally owned a little more than 2 percent of the combined company, reported owning about 1 percent in March. All rights reserved. 74.00% of the stock is currently owned by institutional investors. 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. Honolulu, HI 96815. At the proposed deal size, DiamondHead Holdings would command a market value of $375 million. 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. Landscape Capital Management L.L.C. 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. 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 . document.write(new Date().getFullYear()) United Homes Group. 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. . BTIG, LLC is acting as exclusive sell-side advisor to GSH. In February, Lordstowns president and its former finance chief were among those who sold about $8 million in stock. James Wei's company, Puuwai Estate LLC, owns 3133 Diamond Head Road and Peter Tomozawa's (correct spelling) wife, Donna Leduc . Lordstown went public in October via a merger with Mr. Hamamotos special purpose acquisition company, DiamondPeak Holdings. In early August, news of the merger of DiamondPeak and Lordstown drove shares of the SPAC up 20 percent.