Published 4 months ago

Smith Douglas Homes to raise $150M in IPO based on midpoint of its price range

Summary by Ground News

Smith Douglas Homes Corp. plans to offer 7.69 million shares at an estimated price range of $18 to $21. Based on the midpoint of the price range, the company's IPO will raise about $150 million. Smith Douglas Homes reported $93.5 million in net income and $547.3 million in revenue in the nine months ending Sept. 30.

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MarketWatch

Smith Douglas Homes to raise $150M in IPO based on midpoint of its price range

Smith Douglas Homes Corp., a Woodstock, Ga., home builder, on Wednesday said it plans to offer 7.69 million shares at an estimated price range of $18 to $21...

4 months ago·United States

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