To specify this, check the privacy settings on your browser. American Stock Transfer & Trust Companyis acting as trustee. HAMAMOTO DAVID T Director: 12,328: $0: 4,241,463 (Direct) View: 2021-01-25 Ownership: 2021-01-25 8:52 pm: N/A N/A: DiamondHead Holdings Corp. DHHC: HAMAMOTO DAVID T DHP SPAC-II Sponsor LLC CEO Chairman: 0: $0: 8,625,000 (Indirect) View: 2020-10-22 Exercise: 2020-10-26 8:33 pm: N/A N/A: Lordstown Motors Corp. RIDE: HAMAMOTO DAVID T Director . 10177 The Company builds homes in South Carolina and Georgia, focusing on the entry level and first time move up home buyer segments. In addition, as Michael mentioned, we believe there are extremely compelling opportunities to generate accretive growth through M&A as well as a programmatic build-to-rent platform., Himanshu Gulati, Founder and CIO of Antara Capital, says, We are excited to partner with Michael and David on this opportunity. As Docs:Size Issuer Filing Agent 11/18/22 DiamondHead Holdings Corp. PRE 14A 11/18/22 1:1.3M Toppan Merrill/FA Preliminary Proxy Statement Schedule 14A Filing Table of Contents He resigned as chief executive in June. The company has burned through hundreds of millions of dollars in cash. This offering is expected to close on Thursday, January 28. Our management team is led by our Chief Executive Officer and Chairman, David Hamamoto, and our Chief Financial Officer, Keith Feldman. This was a buyer beware situation, he said. With 7.9% and 5.6% of the shares outstanding respectively, BlackRock, Inc. and Adage Capital Management, L.P. are the . Mr. But why? DiamondHead Holdings Corp. is led by Chairman and CEO David T. Hamamoto and CFO and Director Keith Feldman. Shares of NASDAQ DHHC opened at $10.14 on Wednesday. Founder of Northstar Asset Management Group, Inc., NorthStar Realty Europe Corp., NorthStar Capital Investment Corp. and Diamond Head Partners LLC, David T. Hamamoto is an entrepreneur and businessperson who has been at the helm of 15 different companies and presently is Chairman for Northstar Europe SA, Chairman at Ns Real . Now Lordstown is flailing. David Hamamoto, Chairman, co-CEO of DiamondHead Holdings Corp., commented: "We are thrilled to partner with Michael Nieri and the GSH team and look forward to executing on our . So for a company like Lordstown which had no revenue and no truck for sale to succeed, having a management team that could oversee such a complicated endeavor was all the more important. Hawaiians call it Lahi (brow of the tuna) in reference to the formation's ridgeline, which resembles the tuna fish's dorsal fin. David Hamamoto. DiamondHead is a special purpose acquisition company led by Co-CEO and Chairman David Hamamoto, who has over 40 years of experience in real estate investing, as well as operating both private and . OTA Financial Group L.P. purchased a new stake in DiamondHead in the third quarter worth $235,000. Mr. Hamamoto, along with members of his team and Goldman bankers, made at least two visits to the Lordstown factory in Lordstown, Ohio, to meet with Mr. Burns in June last year, according to regulatory documents. He had raised $250 million from big Wall Street investors including BlackRock, and spent more than a year looking at over 100 potential targets. . Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Recently, federal prosecutors in Manhattan opened their own inquiry. 3.Additional Agreement.Antara Capital LP ("Antara") agrees in connection with the Share Repurchase Commitment contemplated by paragraph 1, upon receipt of a written request from David T. Hamamoto ("Mr. Hamamoto"), to make a loan to Mr. Hamamoto in an amount up to $2,500,000 pursuant to a five year unsecured promissory note, which shall bear interest of 8% per annum from the date such . Mr. Burns, 62, left Workhorse in February 2019 to start Lordstown, leaving behind years of losses and a company that produced just a few hundred vehicles. Team. Owens Corning (NYSE:OC) Shares Sold by Capital Fund Management S.A. Nucor Co. (NYSE:NUE) Shares Sold by Blueshift Asset Management LLC, Stratasys Ltd. (NASDAQ:SSYS) Stock Holdings Lifted by AlphaCrest Capital Management LLC, Blueshift Asset Management LLC Lowers Stock Position in Urban Outfitters, Inc. (NASDAQ:URBN). 4. The transaction includes an earn-out provision pursuant to which GSH stockholders are entitled to receive up to an aggregate maximum of 20 million additional shares, over a five year period, as and when the share price of the combined company reaches certain thresholds. A number of other hedge funds have also bought and sold shares of the business. Mr. Burns did not respond to requests for comment. Thats exactly when BlackRock and other early Wall Street investors as well as top company executives, who all got their shares cheaply before the merger began to sell some of their holdings. Written by DiamondHead Holdings Corp. 19 Jan 23. (Photo Credit: Jamison Logan / Shutterstock.com) 5. The fund owned 147,501 shares of the company's stock after buying an additional 37,626 shares during the quarter. DiamondHead Holdings Corp. has a fifty-two week low of $9.74 and a fifty-two week high of $10.99. The stock has a fifty day moving average of $10.09 and a 200-day moving average of $9.98. Cloudflare is currently unable to resolve your requested domain. It is illegal for insiders to make trades in their companies based on specific, non-public information. document.write(new Date().getFullYear()) United Homes Group. The Board of Directors of GSH and DHHC have approved the transaction. Chairman & Co -CEO DiamondHeadPartners. Mr. Karacic, who hasnt broken even, said he harbored no ill will toward the early investors. Form S-4/A (registration of securities, business combinations) filed with the SEC David Hamamoto, Chairman and co-CEO of DiamondHead Holdings Corp., commented: "We are thrilled to partner with Michael Nieri and the GSH team and look forward to executing on our shared long-term vision.We are impressed with the scale and operational performance of GSH, and we are excited to work with the GSH team in continuing their growth as a public homebuilder. Lordstown Motors Corp. 26 Oct 20. In March, Djordje Karacic, a 23-year-old information technology worker in Koper, Slovenia, bought the stock after learning that it had licensed technology from Elaphe Propulsion Technologies, a Slovenian firm. DiamondHead Holdings, CEO and Chairman 250 Park Avenue, New York, NY, 212-572-6260 . diamondhead holdings corp c/wts 28/01/2028 (to pur com)(dhhcw) Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DiamondHead Holdings Corp. (NASDAQ:DHHC Get Rating). On Thursday afternoon following the closure of US equity markets, a form 4 was filed for DiamondHead Holdings (NASDAQ:DHHC) which revealed the groups CEO and Chairman David Hamamoto had bought more stock in the blank check company ahead of its planned merger with Great Southern Homes. . David Hamamoto in 2007. Mr. Hamamoto is a citizen of the United States of . . David Hamamoto lives in New York, NY; previous cities include Honolulu HI and Park City UT. At Workhorse, he often touted the viability of a personal hybrid-electric helicopter called Surefly a vehicle that had never proved commercially viable. We do know that it's a SPAC formed by the energy-investing group at Silverpeak Capital, a New York-based private equity firm; and David Hamamoto, a serial entrepreneur with a long track record of . DiamondHead Holdings plans to list on the Nasdaq under the symbol DHHCU. New York, New York. The transaction values the combined company at a pro forma enterprise value of approximately $572 million, as of December 31, 2022. Occidental Petroleum Pulls Back To The Sweet Spot. Diamond Head Rd. COLUMBIA, S.C. & NEW YORK(BUSINESS WIRE)Great Southern Homes, Inc. announced today that it has entered into a definitive merger agreement with DiamondHead Holdings Corp. (NASDAQ: DHHC), a special purpose acquisition company. Should you choose not to accept the cookies used by our website, your internet browser can be set to reject or modify cookie usage based on your preferences. Finally, Bank of Montreal Can increased its position in DiamondHead by 14.8% in the third quarter. The company was incorporated in 2020 and is based in New York, New York. I still think Lordstown is a great opportunity and they have a great product and a great factory, Mr. Lukens said. Renaissance Capital LLC is an SEC-registered investment adviser. Insiders are officers, directors, or significant investors in a company. Your IP: 149.202.91.162, Requested URL: www.builderonline.com/building/great-southern-homes-to-go-public-through-merger-with-diamondhead-holdings_o, User-Agent: Mozilla/5.0 (Windows NT 10.0; Win64; x64) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/103.0.0.0 Safari/537.36. This page provides a comprehensive analysis of the known insider trading history of David T Hamamoto. Get your FREE TRIAL now. For purposes of the minimum cash condition, cash includes cash in the DiamondHead trust account after giving effect to redemptions (including the $25 million commitment to purchase and not redeem DHHC public shares from the DHHC sponsor group, including David Hamamoto and Antara Capital) and any other permitted financings obtained in connection with the completion of the transaction. One investor was Maximillian Lawrence, an artist and a high school teacher in Philadelphia. Sullivan & Cromwell LLP is acting as counsel to DHHC. Honolulu, HI 96815. Hamamoto left the new company, Colony NorthStar, in November 2017. Comprehensive performance, salary and tenure analysis for the CEO, board and leadership team. At the proposed deal size, DiamondHead Holdings would command a market value of $375 million. Should you choose not to accept cookies, this may have an effect on website performance or accessibility. He and Mr. Burns, who owns 26 percent of Lordstown, are bound by the merger agreement to hold on to their shares until October. By the time Goldman took Lordstown to him, Mr. Hamamotos team had lost out on several other opportunities, a person familiar with the matter said. Landscape Capital Management L.L.C. The founder has bought 1.25 million shares above the SPAC merger price and ahead of the completed merger. In the past, Martha has also been known as Martha Hamamoto David, Martha Hamamotto, Martha Meeker, Martha H Meeker and Martha H Hamamoto. GSH plans to employ a capital efficient land-light operating model that is expected to generate higher returns with lower cyclical risk compared to a traditional homebuilding operating model. Hamamoto, for example, sold 1 million shares at $16.38 per unit for a total of $16.38 million on Oct. 22, 2020 . This information is used to improve our services. Lordstown went public in October via a merger with Mr. Hamamotos special purpose acquisition company, DiamondPeak Holdings. I (PLMI) to Combine with Sakuu in $705M Deal. Insider Sales DHHC / DiamondHead Holdings Corp. Class A - Short . DiamondHead is a special purpose acquisition company led by Co-CEO and Chairman David Hamamoto, who has over 40 years of experience in real estate investing, as well as operating both private and publicly held real estate businesses. NRE (NorthStar Realty Europe) Dividend Payout Ratio as of today (March 04, 2023) is 0.00. Dividend Payout Ratio explanation, calculation, historical data and m (3) Pro -forma shares outstanding does not include the impact from the existing public or private warrants, the sponsor earnout shares, the UHG earnout shares, or the UHG equity incentive plan. Silicon Valley-based Sakuu makes solid-state and lithium metal batteries for complex active devices using proprietary additive manufacturing processes. Track SPACs on IPO Pro. He began selling his stock after the companys bullish predictions didnt come to fruition and walked away with about $4,000 in profits. Relatives & Associates. Date Owner Security . Mr. Hamamoto and Mr. Feldman have had a relationship for more than 15 years and average more than 30 years of real estate and alternatives investing experience across the public and private markets. 3. Find Instagram, Twitter, Facebook and TikTok profiles, images and more on IDCrawl - free people search website. All rights reserved. DiamondHead Holdings Corp. 25 Jan 21. Should You Take a Cruise in Royal Caribbean Stock? Mr. David T. Hamamoto II is Chairman at DiamondHead Holdings Corp since October 7, 2020 and served as its Chief Executive Officer since October 7, 2020 until August 02, 2022. Goldman, which was working with Mr. Hamamoto and arranged $500 million in additional financing for the acquisition, ran only a standard background check on Mr. Burns a public-records search that took more effort than simply looking him up on Google but stopped short of any interviews, a person familiar with the banks activities said. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Purchases New Holdings in Ball Co. Kroger (NYSE:KR) Shares Gap Up on Better-Than-Expected Earnings, AlphaCrest Capital Management LLC Trims Position in Best Buy Co., Inc. (NYSE:BBY), AlphaCrest Capital Management LLC Sells 26,238 Shares of Hormel Foods Co. (NYSE:HRL), Burlington Stores, Inc. (NYSE:BURL) Shares Sold by Eaton Vance Management, Tudor Investment Corp Et Al Increases Holdings in Artivion, Inc. (NYSE:AORT), BlackRock Inc. Martha Hamamoto currently lives in New York, NY; in the past Martha has also lived in Park City UT and Surfside FL. DiamondHead Holdings Corp. does not have significant operations. David Hamamoto, Chairman, co-CEO of DiamondHead Holdings Corp., commented: We are thrilled to partner with Michael Nieri and the GSH team and look forward to executing on our shared long-term vision. Investors are suing, including 70-year-old George Troicky, who lost $864,201 on his investment, according to a pending class-action lawsuit. This offering is expected to close on Thursday, January 28. We have David Hamamoto, who is the Chairman and Co-CEO of DiamondHead Holdings, our SPAC partner, and will also be a UHG board member. He is also a director and chairman of the nominating and corporate governance committee of Lordstown. Previously, he served as Executive Vice Chairman of Colony NorthStar (now Colony Capital . Verition Fund Management LLCs holdings in DiamondHead were worth $1,456,000 as of its most recent filing with the Securities and Exchange Commission. Erik Gordon, a business professor at the University of Michigan, said Mr. Hamamoto had an obligation to check into all aspects of Lordstown before signing the deal, including Mr. Burnss abilities to run a large public company. The Registered Agent on file for this company is CT Corporation System and is located at 3800 North Central Avenue, Suite 460, Phoenix, AZ 85012. A native of Hawaii, Mr. Hamamoto began his career at Goldman Sachs, where he helped run the banks real estate investment companies, known as the Whitehall Street funds. Mr. Hamamotos scrutiny of Lordstowns business was most likely far less than the inspection that a company undergoes in a conventional initial public offering. 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Renaissance Capital's Renaissance IPO ETF (symbol: IPO), Renaissance International ETF (symbol: IPOS), or separately managed institutional accounts may have investments in securities of companies mentioned. Purchases New Holdings in Ball Co. (NYSE:BALL), Blueshift Asset Management LLC Sells 21,016 Shares of Dell Technologies Inc. (NYSE:DELL), Cary Street Partners Investment Advisory LLC Has $126,000 Stock Holdings in Yum China Holdings, Inc. (NYSE:YUMC). A lawyer declined to comment on his behalf, citing the suit. David Hamamoto is a Chairman Chairman's Search Committee at Lordstown Motors based in Lordstown, Ohio. . Landscape Capital Management L.L.C. DiamondHead Holdings Corp. 13 Jan 23. It was June 2020, and Mr. Hamamoto, a former Goldman Sachs executive who invested in real estate, was searching for a business to take public through a merger with his shell company. Uncover the latest insider trading activity for DiamondHead Holdings Corp. (DHHC). While the company has not selected a target industry or geography, DiamondHead Holdings plans to focus on businesses withcompelling growth potential and competitive market position, strong management teams, among other characteristics. Don't risk buying another IPO without IPO Pro. Bank of Montreal Can now owns 654,322 shares of the companys stock worth $6,465,000 after buying an additional 84,434 shares during the last quarter. bulletin board houses for rent montgomery, al; lorex notifications not working; matt fraser psychic net worth; why are canned peaches orange; connor mcdavid house address Verition Fund Management LLC increased its holdings in shares of DiamondHead Holdings Corp. (NASDAQ:DHHC Get Rating) by 34.2% during the third quarter, HoldingsChannel.com reports. 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Mr. Burns, who fancied himself as the next Elon Musk, was known as a persuasive talker, prone to hyperbole, former Lordstown employees said. Anyone can read what you share. This morning, DiamondPeak Holdings Corp. (DPHCU) filed for a $250 million SPAC IPO focused on the real estate sector. Since he knew little about electric vehicles, Mr. Hamamoto hired McKinsey to assess whether the technology that Lordstown had licensed from others could be put together to build an electric truck, several people briefed on the matter said. In November, Mr. Burns said there were 50,000 serious orders, and in January the number shot up to 100,000. Mr. Hamamoto, whose investment group once owned a fifth of the SPAC, got some of those shares at a steep discount meaning that they lose little even if the stock collapses. Get your FREE TRIAL now. David Hamamoto is the CEO and Chairman of SPAC firm Diamondhead Holdings and. The company's filing status is listed as Active and its File Number is 23103656. DiamondHead Holdings was founded in 2020 and plans to list on the Nasdaq under the symbol DHHCU. In Lordstown, those forces eventually collided, highlighting the uneven playing field between Wall Street and Main Street. We have Tom O'Grady, at GSH and Future UHG board member and future UHG Chief Administrative Officer; Shelton Twine, GSH and future UHG Chief Operating Officer; and Keith Feldman, Chief Financial Officer of . David T. Hamamoto. Each unit consists of one share of common stock and one-fourth of a warrant, exercisable at $11.50. It happens all the time, everywhere, he said. Mr. Hamamoto remains at Lordstown, but has floated a new shell company, in which BlackRock is again an investor. SPAC DiamondHead Holdings prices $300 million IPO; David Hamamoto follows up RIDE deal, Renaissance International ETF (symbol: IPOS), Do Not Sell My Personal Information (CA Residents Only). David has 1 job listed on their profile. DiamondHead Holdings Corp. - DHHC / DiamondHead Holdings Corp. Class A / HAMAMOTO DAVID T - SC 13D Activist Investment - SC 13D - February 06, 2023 . Between October, when the company started trading on Nasdaq under the symbol RIDE, and March, the stock continued to climb. Upon closing of the merger with Great Southern, DiamondHead (NASDAQ: DHHC) will be renamed United Homes Group and trade under the new ticker symbol UHG., Michael Nieri, Founder and CEO of Great Southern Homes, said For over 20 years I have worked to build GSH into the leading Southeast homebuilder it is today. The firms declined to comment on their holdings. I figured G.M. David Hamamoto. Name Age Title; David T. Hamamoto 61: Chairman and Co-CEO: Keith Feldman 44: CFO: Judith A. Hannaway 67: Director: Want to see what other hedge funds are holding DHHC? DiamondPeak will be led by David Hamamoto, the former founder of the Northstar Companies, which was sold to Colony Capital (NYSE: CLNY) in January of 2017. Assuming no redemptions from DHHC shareholders, the transaction will deliver approximately $320 million in cash proceeds, net of estimated transaction costs, to the combined company including a $25 million commitment to purchase and not redeem DHHC public shares from the DHHC sponsor group, including David Hamamoto and Antara Capital. These symbols will be available throughout the site during your session. David Hamamoto General Information. Lordstown also operated in an industry with one of the lowest rates of success; few start-ups have succeeded at mass producing electric vehicles. But Mr. Hamamoto didnt focus much on assessing the work experience of Lordstowns management team, including Mr. Burns, who would continue to run the company after the SPAC merger, two people familiar with the matter said. The transaction is expected to close during the first quarter of 2023. DiamondHead Holdings Corp. . The New York, NY-based company plans to raise $300 million by offering 30 million units at $10. Cookies collect anonymous information, but not personally identifiable information. In February, Lordstowns president and its former finance chief were among those who sold about $8 million in stock. For context, the second . Looking for David Hamamoto online? What followed was a swift merger, then a debacle that put two of the biggest forces shaping the financial world on a collision course. Mr. Lawrence, the artist, isnt so sure. You've requested a page on a website (cloudflarepreview.com) that is on the Cloudflare network. Steve Burns, the founder of Lordstown Motors, at its plant in Ohio last year. 2023 Renaissance Capital LLC. Joe Lukens, a high school friend of Mr. Burnss who owns more than 400,000 shares in Lordstown, said he remained a big believer in Mr. Burnss initial vision. David T. Hamamoto our Chairman and Chief Executive Officer since inception, is the Founder of Diamond Head Partners, LLC which he established in 2017. Small investors began piling into Lordstown shares after the merger closed, attracted to the hype around electric vehicles. Recent insider trades. Learn about DiamondHead Holdings Corp. (DHHC.U) stock's management team. Founder of Diamond Head Partners LLC New York, New York . In early August, news of the merger of DiamondPeak and Lordstown drove shares of the SPAC up 20 percent. . SC 13G. DiamondHead Holdings Corp.(DHHCU) Jan 26, 2021 08:23AM EST. Upon closing of the merger, GSH will become a publicly traded company, and DiamondHead (NASDAQ: DHHC) [] Ladies and Gentlemen: On behalf of our client, DiamondHead Holdings Corp. (the "Company"), this letter responds to a comment from the staff (the "Staff") of the Division of Corporation Finance of the U.S. Securities and Exchange Commission (the "Commission") in a telephone conversation on December 2, 2022 concerning the above-referenced Preliminary Proxy Statement on Schedule 14A, filed with . While the company has not selected a target industry or geography, DiamondHead Holdings plans to focus on businesses with compelling growth potential and competitive market position, strong management teams, among other characteristics. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. increased its position in DiamondHead by 177.5% in the third quarter. Lordstown Motors, the one-year-old Ohio electric automaker that revealed a pickup truck prototype in June, has reached a deal to merge with special-purpose acquisition company DiamondPeak Holdings . The New York, NY-based company plans to raise $300 million by offering 30 million units at $10. 74.00% of the stock is currently owned by institutional investors. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Ray ID: 7a2d9d928d2fd229 Each unit consists of one share of common stock and one-fourth of a warrant, exercisable at $11.50. Each unit consists of one share of . The sponsor of DiamondHead is DHP SPAC-II Sponsor LLC, an entity controlled by David Hamamoto. Copyright 2023 Surperformance. James Wei's company, Puuwai Estate LLC, owns 3133 Diamond Head Road and Peter Tomozawa's (correct spelling) wife, Donna Leduc . The new company aims to have a broad search focus but intends to identify and acquire a business that could benefit from a hands-on partner with extensive operational, capital markets and investment management experience. Type a symbol or company name. In early 2019, he launched his SPAC, DiamondPeak, with the intention of merging with a real estate business. Type a symbol or company name. Reviews. David Hamamoto. At the rollout of Lordstowns Endurance truck on June 25, 2020 which was attended by Mr. Hamamoto and Goldman bankers, who by then were deep in merger talks with Lordstown Mr. Burns was quoted in TechCrunch saying the company already had 20,000 pledges to order its truck and planned to begin producing the vehicle by summer 2021. Press Release On Monday September 12th, 2022, it was publicly announced that Great Southern Homes (GSH), one of the largest homebuilders in the Southeast, entered into a definitive merger agreement with DiamondHead Holdings Corp., a special purpose acquisition company. While the company has not selected a target industry or geography, DiamondHead Holdings plans to focus on businesses with compelling growth potential and competitive market position, strong management teams, among other characteristics. Discovery Communications' David Zaslav tops the list -- with . At the same time, small investors have become a potent force in the markets, driving up the stock prices of companies like GameStop and lapping up shares of SPACs, which are highly speculative and can pose financial risks. The obligation of GSH to complete the transaction is subject to a minimum cash condition of $125 million. As part of the transaction, all of GSHs existing shareholders will roll 100% of their shares into shares of the combined company and, assuming no redemptions from DHHC public shareholders, will hold approximately 51% of the shares of the combined company on closing. Maximillian Lawrence, an artist and a teacher in Philadelphia, said he had viewed his Lordstown shares as a long-term holding., $3.5 billion electric-vehicle battery factory. DiamondHead Holdings Corp. is a blank check special purpose acquisition company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. It was June 2020, and Mr. Hamamoto, a former Goldman Sachs executive who invested in real estate, was searching for a business to take public through a . The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 2023, Nasdaq, Inc. All Rights Reserved. 2023 Renaissance Capital LLC. We believe GSH is a best in class operator with significant potential to grow throughout the United States. He was eager to do a deal. Goldman Sachs acted as lead manager on the deal. I am excited for the next chapter for GSH, where, through the combination of my operational expertise with David Hamamoto s public company and capital markets experience, we plan to grow UHG into a leading national homebuilder.. Even Tesla, the industrys breakout star, didnt deliver its first car until 2008 five years after it was founded. Renaissance Capital LLC is an SEC-registered investment adviser. Sullivan & Cromwell LLP is serving as Issuers Counsel with Ropes & Gray LLPserving as Underwriters Counsel. MarketBeat.com's FREE daily email newsletter, Kroger Shares Gap Up on Better-Than-Expected Earnings. Each unit consists of one share of common stock and one-fourth of a warrant, exercisable at $11.50. He is also a Director of Lordstown Motors Corp. (NYSE:RIDE) and previously served as the Chairman and Chief Executive Officer of DiamondPeak Holdings Corp. He is joined by CFO and DirectorKeith Feldman, formerCFO of NorthStar Realty Europe (NYSE: NRE) and Managing Director of Colony Capital. The sponsor of DiamondHead is DHP SPAC-II Sponsor LLC, an entity controlled by David Hamamoto. DiamondHead Holdings, the second blank check company led by David Hamamoto targeting businesses with growth potential, raised $300 million by offering 30 million units at $10. Law360 (March 8, 2022, 8:22 PM EST) -- A Delaware vice chancellor has refused to stay a stockholder suit challenging electric vehicle maker Lordstown Motors Corp.'s $1.6 billion merger with . His special purpose acquisition company, DiamondPeak Holdings, merged with Lordstown Motors.CreditPatrick McMullan. New York, New York 101777. Significant Real Estate & Public Markets Experience . Copy and paste multiple symbols separated by spaces. Our website may send a cookie to your computer or mobile device. One said Mr. Burns liked to engage in magical thinking, behaving as if he could will things into existence. Diamond Head is a volcanic cone on the Hawaiian island of Oahu and is the most popular Hawaii State Park.