Item 7.01 Regulation FD Disclosure.

On June 8, 2021, Sterling Griffin, President and Chief Executive Officer of Harbor Custom Development, Inc. (the "Company"), presented during the Company's Annual General Meeting of Stockholders (the "Annual Meeting"). During the Annual Meeting, Mr. Griffin announced that the Company's projected revenues for 2022 are estimated to be $128,000,000 in sales, or a 60% annual increase from 2021. Mr. Griffin further stated that if the current market conditions continue, the Company anticipates operating profitably on an annual basis for the foreseeable future.

The information contained in this Current Report on Form 8-K pursuant to this "Item 7.01 Regulation FD Disclosure" is being furnished. This information shall not be deemed to be filed for the purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities of that section or shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, unless specifically identified therein as being incorporated by reference.





FORWARD LOOKING STATEMENTS



Forward-Looking Statements

Certain statements herein constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. These forward-looking statements are based upon current estimates and assumptions. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are subject to various risks and uncertainties, including without limitation those set forth in the Company's filings with the Securities and Exchange Commission. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.

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