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OFFON

THE NEW HOME COMPANY INC.

(NWHM)
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The New Home Company Inc. Announces Resignation of Directors

09/08/2021 | 08:51am EDT

The New Home Company Inc. announced In connection with the consummation of the Merger, each of H. Lawrence Webb, Wayne Stelmar, Sam Bakhshandehpour, Michael J. Berchtold, Paul C. Heeschen, Gregory P. Lindstrom, Cathey Lowe and Douglas C. Neff resigned as directors of the Board of Directors of the Company (the Company Board") and from all committees of the Company Board on which such directors served, effective as of the Effective Time. On September 8, 2021, pursuant to the Merger Agreement in connection with the consummation of the Merger, the directors of Merger Sub, Peter Sinensky and Tracy Vo (the Post-Closing Directors"), became the directors of the Surviving Corporation in lieu of the Company's existing directors. In accordance with the Surviving Corporation's bylaws and Section 141(k) of the DGCL, following the Effective Time, Parent, as the sole stockholder of the Surviving Corporation, will be removing the Post-Closing Directors and electing additional directors of the Surviving Corporation. Information about Peter Sinensky and Tracy Vo is contained in the Offer to Purchase, filed by Parent and Merger Sub as Exhibit (a)(1)(A) to the Tender Offer Statement on Schedule TO, originally filed with the SEC on August 10, 2021, which information is incorporated herein by reference.


ę S&P Capital IQ 2021
All news about THE NEW HOME COMPANY INC.
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09/08The New Home Company Inc. Announces Resignation of Directors
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08/13SHAREHOLDER ALERT : WeissLaw LLP Reminds CSOD, XENT, MSON, and NWHM Shareholders About Its..
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08/10NEW HOME : Moore Kuehn Encourages BTNB, DGNS, NWHM, and ACBI Investors to Contact Law Firm
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Financials (USD)
Sales 2020 507 M - -
Net income 2020 -32,8 M - -
Net Debt 2020 141 M - -
P/E ratio 2020 -2,66x
Yield 2020 -
Capitalization 163 M 163 M -
EV / Sales 2019 0,48x
EV / Sales 2020 0,45x
Nbr of Employees 209
Free-Float 70,6%
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Managers and Directors
Leonard S. Miller President & Chief Executive Officer
John M. Stephens Chief Financial Officer & Executive Vice President
Drew Mackintosh Head-Investor Relations
Miek D. Harbur Secretary, Senior Vice President & General Counsel
Joan Marcus-Colvin Chief Marketing Officer
Sector and Competitors