DiamondHead Holdings SPAC extension vote; $306M in redemptions, $43M left in trust

United Homes Group, Inc.

Special meeting Jan 25 to vote on extending business combination deadline to July 28, 2023.
Holders of 30,249,468 shares elected redemption (~$306M, $10.12/share) to be removed from trust.
After redemptions only ~$43M remains in trust for potential business combination.
Deadline to withdraw redemption elections is Jan 25 at 9:00 AM ET.
Company urges stockholders to vote for the Extension Amendment.

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