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United Homes shares sink after Stanley Martin agrees all-cash acquisition
United Homes Group (NASDAQ:UHG) shares dropped nearly 50% in premarket trading Monday after the homebuilder revealed plans to be acquired by Stanley Martin Homes in an all-cash deal with an enterprise value of roughly $221 million.
At the end of the December quarter, True North held 7.45% stake Home First Finance, while Aether (Mauritius) held 4.9% stake. Both are classified as promoters of the company as per its shareholding pattern.
Q4 2025 Management View Dallas Tanner, Co-Founder, CEO, President & Director, emphasized the importance of housing affordability and stated the company is “committed to providing…well-maintained, high-quality homes,