Green Brick Partners’ Underwritten Secondary Offering


Akin Gump advised Green Brick Partners, Inc. in connection with an underwritten secondary public offering of 7,140,233 shares of its common stock, which closed on June 26, 2018, and an additional 1,071,034 shares of its common stock, which closed on July 3, 2018, that were sold by certain of its stockholders affiliated with Third Point LLC at a public offering price of $9.50 per share.

Green Brick Partners, Inc. operates as a homebuilding and land development company. The Company develops residential homes, complexes, and communities. The company, led by James R Brickman, Richard A Costello and Summer Loveland, in 2017 recorded $454 Million Revenues.

Akin Gump advised Green Brick Partners, Inc. with a team including Sean Gurgle (Picture), Joshua Wright and Cora Fanning (Capital Market), Ron Nardini and David Snyder (Tax).

Involved fees earner: Sean Thomas Gurgle – Akin Gump; Joshua Lee Wright – Akin Gump; Cora Fanning – Akin Gump; Ron Nardini – Akin Gump; David Snyder – Akin Gump;

Law Firms: Akin Gump;

Clients: Green Brick Partners Inc.;

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Author: Ambrogio Visconti