Smith Douglas Homes Corp (Ticker: SDHC US) is a United States-based company operating in the Building - Residential/Commercial industry. Founded in 2008, the company specializes in constructing quality homes at affordable prices. Smith Douglas Homes Corp has a strong presence in key U.S. markets, including Alabama, Georgia, North Carolina, Tennessee, and Texas.
The company is preparing for an IPO on the New York Stock Exchange, expected to occur on January 11, 2024. Smith Douglas Homes Corp aims to raise USD 161.538 million by offering 7.69 million shares at an expected price range of USD 18.00 to 21.00 per share. A greenshoe option of 15% is available, amounting to 1.15 million additional shares. The offering is being managed by JP Morgan Securities LLC (Left Lead), BofA Securities, Nomura Securities International, RBC Capital Markets, Wells Fargo Securities LLC, and Zelman Partners.