Green Brick Partners closes $50M offering of 5.75% Series A Cumulative Perpetual Preferred Stock

Green Brick Partners, Inc.

Filed Certificate of Designation for 5.75% Series A Cumulative Perpetual Preferred Stock (50,000 shares authorized).
Offered 2,000,000 depositary shares (each 1/1000th of a preferred share) at $25 per depositary share; underwriters have 30-day option for 300,000 additional.
Liquidation preference $25,000 per preferred share ($25 per depositary share); cumulative dividends payable quarterly starting March 15, 2022.
Company may redeem shares at $25,000 each after December 23, 2026; special redemption on change of control at same price plus accrued dividends.
Underwriting agreement with BTIG, LLC as representative; Greenberg Traurig provided legal opinion on validity.

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.