secwatch / observer

United Homes Group, Inc. — fact timeline

Source-grounded facts extracted from United Homes Group, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

UHG United Homes Group, Inc. JSON
Shareholder Votes

United Homes Group, Inc. shareholders approved Business Combination Proposal at the 2023-03-23 meeting.

“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”
Debt Financings

United Homes Group, Inc. incurred convertible notes of $80,000,000.

“The Investors have agreed to purchase $80,000,000 in original principal amount of convertible promissory notes”
Material Agreements

United Homes Group, Inc. entered into Convertible Note Purchase Agreement with a group of investors valued at $80,000,000 in original principal amount of convertible promissory notes (effective 2023-03-21).

“On March 22, 2023, DHHC announced that it had entered into a Convertible Note Purchase Agreement, dated March 21, 2023 (the “Note Purchase Agreement”), by and among itself, GSH, and a group of investors party to that agreement (the “Investors”). Pursuant to and at the closing of the transactions contemplated by the Note Purchase Agreement, the Investors have agreed to purchase $80,000,000 in original principal amount of convertible promissory notes (as more fully described below, the “Notes”) and, pursuant to the terms of share subscription agreements to be entered into between each Investor and the Issuer (as more fully described below, the “Subscription Agreements”), an additional 744,588 UHG Class A Common Shares (the “Shares”) in a private placement PIPE investment (the “PIPE Investment”).”
Governance Changes

United Homes Group, Inc.: Extended the deadline for the company to consummate a business combination from January 28, 2023 to July 28, 2023 (effective 2023-01-25).

“On January 25, 2023, DiamondHead Holdings Corp., a Delaware corporation (the “Company”) filed an amendment (the “Extension Amendment”) to the Company’s Certificate of Incorporation (the “Certificate of Incorporation”) with the Secretary of State of the State of Delaware. The Extension Amendment extends the date by which the Company must consummate its initial business combination from January 28, 2023 to July 28, 2023.”
Shareholder Votes

United Homes Group, Inc. shareholders approved Extension Amendment Proposal - amend Certificate of Incorporation to extend business combination deadline to July 28, 2023 at the 2023-01-25 meeting.

“The stockholders of the Company voted on a proposal to amend the Certificate of Incorporation to extend the date by which the Company must consummate a business combination from January 28, 2023 to July 28, 2023 (the “Extension Amendment Proposal”). A summary of the voting results at the Special Meeting is set forth below: The Extension Amendment Proposal was approved by the Company’s shareholders as follows: For Against Abstain 30,769,943 1,174,280 194,572”
Listing & Compliance Notices

United Homes Group, Inc. received a nasdaq deficiency notice notice regarding shareholders (rules 5620(a)).

“January 11, 2023, DiamondHead Holdings Corp. (the “Company”) received a letter (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the Company is not in compliance with Nasdaq Listing Rule Section 5620(a) (the “Annual Meeting Rule”) which requires the Company to hold an annual meeting of shareholders within 12 months of the Company’s fiscal year end. The Notice is only a notification of deficiency, not of imminent delisting, and has no current effect on the listing or trading of the Company’s securities on Nasdaq. The Notice advises that the Company will have”

Michael Bayles was appointed as Co-Chief Executive Officer at United Homes Group, Inc..

“Also on August 2, 2022, the Board appointed Mr. Bayles as Co-Chief Executive Officer, effective as of August 2, 2022.”

Michael Bayles was appointed as Director at United Homes Group, Inc..

“On August 2, 2022, to fill the vacancy arising from Mr. Feldman’s resignation, the Company appointed Michael Bayles to the Board as a Class III director.”

Keith Feldman resigned as Director at United Homes Group, Inc..

“On August 2, 2022, Keith Feldman, the Chief Financial Officer of DiamondHead Holdings Corp. (the “Company”) resigned from his position as a member of the Board of Directors of the Company (the “Board”) and any committees thereof.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.