DiamondHead’s CEO/Chairman Buys Another 250K Shares Before Merger With Great Southern Homes
The founder has bought 1.25 million shares above the SPAC merger price and ahead of the completed merger. But why? On Thursday afternoon following the closure of US equity markets, a form 4 was filed for DiamondHead Holdings (NASDAQ:DHHC) which revealed the groups CEO and Chairman David Hamamoto had bought more stock in the blank check company ahead of its planned merger with Great Southern Homes. CEO Purchases DiamondHead SharesThe latest filing, Hamamoto disclosed the purchase of 250,000 DHHCU shares at an average price of $10.087 each per share. Q4 2022 hedge fund letters, conferences and m...