Dream Finders Homes Raises $225 Million in Series B Convertible Preferred; Up to $450 Million More at Merger Close

Dream Finders Homes entered into Subscription Agreements with institutional investors to issue 225,000 shares of Series B Convertible Preferred Stock for $225.0 million, with a 2.5% original issue discount. Proceeds redeemed all Series A preferred and support general corporate uses, with a further…