Smith Douglas IPO Prices Competitively for NYSE Debut

Smith Douglas Homes Corp. Sets IPO Price at $21 per Share

Smith Douglas Homes Corp., a private homebuilder known for its fast growth, has announced the initial public offering (IPO) price for its Class A common stock. The company has set the price at $21 per share. The IPO will offer 7,692,308 shares, with a potential for underwriters to purchase an additional 1,153,846 shares within 30 days. Smith Douglas Homes aims to raise significant funds through this IPO. The offering will be available for interested parties to participate in, subject to standard closing conditions.