07:46 AM EST, 12/06/2024 (MT Newswires) -- Landsea Homes ( LSEA ) said Friday it has priced an underwritten public offering of nearly 6.1 million common shares at $10.25 apiece for gross proceeds of $62.4 million.

The selling stockholders, Landsea Holdings and Ever Fast Holdings, have offered the underwriters a 30-day option to buy up to an additional 913,043 shares at the public offering price, Landsea Homes ( LSEA ) said.

The company also said it is not selling any shares in the offering, which will likely close around Monday.