Smith Douglas Announces Pricing of Initial Public Offering

Smith Douglas Homes Corp., one of the fastest growing private homebuilders in the U.S. announced the pricing of its Initial Public Offering (“IPO”) of approximately 7.7 million Class A shares of common stock at a price of $21.00 per share. Smith Douglas granted underwriters a 30-day option to purchase up to approximately 1.2 million additional shares of its Class A common stock. Subsequently, the Company’s shares began trading on the New York Stock Exchange under the ticker symbol “SDHC.”

Vestra Advisors, LLC served as capital markets advisor to Smith Douglas.

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