Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Landsea Homes Reports Fourth Quarter and Full Year 2020 Results, Reiterates Strong 2021 Outlook
Landsea HomesMarch 11, 2021 GMT
NEWPORT BEACH, Calif., March 11, 2021 (GLOBE NEWSWIRE) Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential homebuilder, reported financial results for the fourth quarter and full year ended December 31, 2020.
Fourth Quarter 2020 Summary vs. Same Year-Ago Quarter
Total revenue was $284.7 million compared to $286.1 million.
Excluding lot sales from total revenue, total home sales increased 3% to $284.7 million compared to $275.2 million.
Total homes delivered increased 111% to 587 homes compared to 278.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
LF Capital Acquisition Corp. Announces Stockholder Approval of Proposed Business Combination .
LF Capital Acquisition Corp.December 15, 2020 GMT
- Stockholders Redeem Less Than 5% of Total Public Shares Outstanding -
- Remains on Track to Complete Business Combination -
NEW YORK, Dec. 15, 2020 (GLOBE NEWSWIRE) LF Capital Acquisition Corp. (NASDAQ: LFAC) (“LF Capital”) announced today that LF Capital’s stockholders voted to approve the proposed business combination with Landsea Homes Incorporated (“Landsea Homes”) and certain other related transactions, pursuant to which LF Capital will acquire Landsea Homes for $344 million in total consideration, to be paid fully via 32,557,303 newly issued shares of LF Capital’s Class A common stock. In connection with the approval of the proposed business combination, LF Capital’s public stockholders have requested the redemption of