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And would like more information Message Your data will be passed to the agent who will contact you directly about your enquiry. BBB Business Profiles are provided solely to assist you in exercising your own best judgment. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate.
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. 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. In addition, approximately 2.1 million shares owned by the Sponsor currently will be subject to the earn-out. 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 . At Great Southern Homes, we believe in quality-built homes for today's growing families at affordable prices. Just as importantly, we understand the process of buying a new home includes learning new terms and making stressful decisions.
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There can be no assurances that the minimum cash condition, which may be waived by GSH, will be satisfied. The transaction will also require the consent of GSH’s lenders and the approval of DHHC stockholders, and is subject to customary closing conditions. The transaction is expected to close during the first quarter of 2023. Contact builderBy pressing Contact builder, you agree that Zillow Group and other real estate professionals may call/text you about your inquiry, which may involve use of automated means and prerecorded/artificial voices.
GSH was the 25th ranked starter-home builder and the 41st ranked single-family detached home builder in the United States, respectively, based on 2021 home closings according to Pro Builder’s 2022 Housing Giants Report. The Board of Directors of GSH and DHHC have approved the transaction. The obligation of GSH to complete the transaction is subject to a minimum cash condition of $125 million.
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However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles. Great southern homes has worked hard to resolve all my repair needs. Melissa was a great point of contact to meet all my concerns and needs. I've been waiting for 3 months just to have my sink sealed. I they also had a painter come out to fix some cracks in the corners and he attempted to flush up some of my cabinets instead of caulking them and used to large of a gauge nail and split my trim. Even though the warranty person I was dealing with notified by text and calls nothing was resolved and he said it wouldn't be covered under my 1 year warranty.
Through organic growth, GSH has become the 25th ranked starter-home builder and the 41st ranked single-family detached home builder in the United States, respectively, based on 2021 home closings according to Pro Builder’s 2022 Housing Giants Report. Certain statements, estimates, targets and projections in this press release may be considered forward-looking statements within the meaning of the federal securities laws with respect to the proposed transaction between DHHC and GSH. Forward looking statements generally relate to future events or involving, or future performance of, DHHC or GSH. Such forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward looking statements. DHHC and GSH and their respective directors and officers may be deemed to be participants in the solicitation of proxies from DHHC’s stockholders in respect of the proposed transaction.
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I tried to ignore the lumps I felt under my feet, but I couldn't, the lumps were everywhere there was carpet. In April 22, I contacted GSH and they sent someone from the company that installed the flooring to come by the house to see the issue. Before I finished telling the rep about the lumps, she stated that it was the recycled materials in the carpet padding. I found a lump near a corner to see for myself and found that the lumps were in the padding. The flooring company rep informed me that since it wasn't an installation issue they are not responsible. The GSH rep informed me that the flooring company determined that there is no defect and wanted me to confirm this so the ticket could be closed.
To ensure the most secure and best overall experience on our website we recommend the latest versions of Chrome, Edge, Firefox, or Safari. Internet Explorer will not be supported as of August 17, 2021. The transaction values the combined company at a pro forma enterprise value of approximately $572 million, as of December 31, 2022. 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.
After all, it's not only a new home, it's an important investment for you and your family. We make the process easy and the best decision you can make. This press release does not constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed transaction or an offer to sell, a solicitation of an offer to buy, or a recommendation to purchase any security of DHHC, GSH, or any of their respective affiliates. No such offering or securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
You don't need to consent as a condition of buying any property, goods or services. My spouse and I purchased our house in may 2021, after moving in I started to notice lumps under the carpet. I thought it was padding trimmings that wasn't swept up and contemplated pulling back the carpet room by room to sweep up the trimming. However, our furniture was delivered earlier than expected and the idea of pulling back the carpet became daunting.
BBB Business Profiles generally cover a three-year reporting period. If you choose to do business with this business, please let the business know that you contacted BBB for a BBB Business Profile. We strive to save you both time and money by combining our use of industry knowledge, the highest quality Material and Craftsmanship, and our dedication to delivering exceptional service. We will not leave the job until it is finished and you are satisfied. Readers are cautioned not to put undue reliance on forward-looking statements, and DHHC and GSH assume no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.
It is your responsibility to independently verify the information on the site. All information provided is provided for information purposes only and does not constitute a legal contract between Great Southern Log Homes and any person or entity unless otherwise specified. Although every reasonable effort is made to present current and accurate information, LinkNow!
This 3033 square foot single family home has 5 bedrooms and 3.0 bathrooms. This home is located at Bodie B6 Plan, Carriagebrook, Camden, SC 29020. "GSH is an awesome company. Everyone was professional and knowledgeable. They made sure we understood everything. They took their time with us. And they even sent reminders to extend our warranties after we moved In. Overall a good experience."
At Great Southern Homes, we believe in quality built homes for today's growing families at affordable prices. As a premier company dedicated to providing premier customer service, it is important to us to deliver unparalleled workmanship on every assignment. We offer a wide range of services to meet your project needs and ensure durable and cost effective workmanship. One way to become the best is to tear down all the businesses around you. Our way, is to provide the best service for the best price.
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Information about DHHC’s directors and executive officers and their ownership of DHHC’s securities is set forth in DHHC’s filings with the SEC, including DHHC’s Annual Report on Form 10-K filed with the SEC on April 13, 2022. To the extent that holdings of DHHC’s securities have changed since the amounts printed in DHHC’s Annual Report on Form 10-K, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC. Additional information regarding the interests of those persons and other persons who may be deemed participants in the proposed transaction may be obtained by reading the proxy statement/prospectus regarding the proposed transaction when it becomes available. You may obtain free copies of these documents as described in the preceding paragraph. Great Southern Homes 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 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.
