Dream Finders Homes, Inc.

Dream Finders Homes, Inc. (DFH) priced its initial public offering on Jan 22, 2021 at $13.00 per share, raising $124.8M, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $1.18B. BofA Securities was lead-left underwriter, joined by RBC Capital Markets, BTIG and Zelman Partners and others. Baker Botts advised the company and Davis Polk advised the underwriters.

Dream Finders Homes, Inc. is a homebuilder that designs, builds and sells entry-level and move-up single-family homes in markets including Jacksonville, Orlando, Denver, the Washington D.C. area, Austin, Charlotte and Raleigh. It uses an asset-light lot acquisition strategy and also offers title insurance and mortgage banking.

Status

IPO

Ticker

DFH

Exchange

Nasdaq Global Select

Priced

Jan 22, 2021

IPO price

$13.00

Raised

$124.8M

Market cap at IPO price

$1.18B

First filed

Dec 22, 2020

Underwriters

BofA Securities, RBC Capital Markets, BTIG, Zelman Partners, TCB and Wedbush

Company counsel

Baker Botts

Underwriters' counsel

Davis Polk

Sector

Other

Country / state

FL

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.