DiamondHead enters PIPE and lock-up agreements raising ~$4.7M for business combination with Great Southern Homes

United Homes Group, Inc.

PIPE investors to purchase 471,500 UHG Class A shares at $10.00 each, plus 117,875 additional shares at $0.01, for ~$4.7M gross proceeds.
Lock-up investors (open-market purchasers) to receive 0.25 UHG shares per DHHC share held, up to 421,100 UHG shares, at $0.01 each.
All shares subject to lock-up: 50% for one year, 50% for two years, with customary exceptions and pro-rata release waivers.
Securities issued under Section 4(a)(2) exemption; issuance conditioned on closing of the business combination.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.