8-K
filed March 24, 2023, 7:59 PM ET
ticker UHG
CIK 0001830188
other material
confidence high
sentiment positive
materiality 0.75
DiamondHead shareholders approve business combination with Great Southern Homes
United Homes Group, Inc.
- All six proposals approved, including Business Combination Agreement (12,793,642 for, 29,597 against).
- Stockholders redeemed 109,426 Class A shares at ~$10.13/share, removing ~$1.1M from trust; ~$43.9M remains.
- Directors elected: Michael Bayles, Eric Bland, James Clements, Michael Nieri, Robert Dozier, Alan Levine, Tom O'Grady, James Enoch, Nikki Haley, David Hamamoto.
- Also approved: charter amendment, NASDAQ listing rules issuance, and 2023 Equity Incentive Plan.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
United Homes Group, Inc. shareholders approved Governance Proposal at the 2023-03-23 meeting.
- Outcome
- passed
- Meeting
- 2023-03-23
Exact text from the filing
Proposal 3 : To consider and vote upon, on a non-binding advisory basis, the material differences between the Proposed Charter and the Certificate of Incorporation of the Company as separate proposals in accordance with SEC requirements (the “ Governance Proposal ”). The voting results for the Governance Proposal were as follows: For Against Abstain 12,793,232 30,007 1,000
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
United Homes Group, Inc. shareholders approved Director Election Proposal at the 2023-03-23 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-03-23
Exact text from the filing
Proposal 4 : To elect ten directors to serve on the board of directors of DHHC following the consummation of the Business Combination until the 2024 annual meeting of stockholders, in the case of Class I directors, the 2025 annual meeting of stockholders, in the case of Class II directors, and the 2026 annual meeting of stockholders, in the case of Class III directors, and, in each case, until their respective successors are duly elected and qualified (the “ Director Election Proposal ”). The voting results for the Director Election Proposal were as follows: Michael Bayles (Class I) For Withheld 12,820,731 3,508 Eric S. Bland (Class I) For Withheld 12,821,141 3,098 James P. Clements (Class I) For Withheld 12,821,141 3,098 Michael Nieri (Class I) For Withheld 12,820,735 3,504 Robert Dozier (Class II) For Withheld 12,821,145 3,094 Alan Levine (Class II) For Withheld 12,821,141 3,098 Tom O’Grady (Class II) For Withheld 12,820,731 3,508 James Enoch (Class III) For Withheld 12,821,141 3,098
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
United Homes Group, Inc. shareholders approved Charter Approval Proposal at the 2023-03-23 meeting.
- Proposal
- charter amendment
- Outcome
- passed
- Meeting
- 2023-03-23
Exact text from the filing
Proposal 2 : To adopt the Amended and Restated Certificate of Incorporation of DHHC (the “ Charter Approval Proposal ”). The voting results for the Charter Approval Proposal were as follows: For Against Abstain 12,791,329 31,907 1,003
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
United Homes Group, Inc. shareholders approved Incentive Plan Proposal at the 2023-03-23 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2023-03-23
Exact text from the filing
Proposal 6 : To approve and adopt the United Homes Group, Inc. 2023 Equity Incentive Plan (the “ Incentive Plan Proposal ”). The voting results for the Incentive Plan Proposal were as follows: For Against Abstain 12,793,232 30,006 1,000
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
United Homes Group, Inc. shareholders approved NASDAQ Proposal at the 2023-03-23 meeting.
- Outcome
- passed
- Meeting
- 2023-03-23
Exact text from the filing
Proposal 5 : To approve, for purposes of complying with applicable NASDAQ listing rules: (i) the issuance of UHG Class A Common Shares, which will carry one vote per share, and UHG Class B Common Shares, which will carry two votes per share, to GSH equityholders pursuant to the Business Combination Agreement; and (ii) the issuance of UHG Class A Common Shares pursuant to the conversion of Founder Shares (the “ NASDAQ Proposal ”). The voting results for the NASDAQ Proposal were as follows: For Against Abstain 12,791,642 31,596 1,000
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
United Homes Group, Inc. shareholders approved Business Combination Proposal at the 2023-03-23 meeting.
- Proposal
- merger approval
- Outcome
- passed
- Meeting
- 2023-03-23
Exact text from the filing
Proposal 1 : To approve and adopt the Business Combination Agreement and approve the transactions contemplated thereby (the “ Business Combination Proposal ”). The voting results for the Business Combination Proposal were as follows: For Against Abstain 12,793,642 29,597 1,000
View on SEC.gov
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