Beazer Homes USA, Inc. Merges with Dream Finders Homes Subsidiary

Beazer Homes USA, Inc. announced the completion of its merger with Bulldogs Merger Sub, Inc., a wholly owned subsidiary of Dream Finders Homes, Inc. The transaction, effective October 20, 2026, resulted in Beazer Homes surviving as a wholly owned subsidiary of Dream Finders Homes. Each outstanding share of Beazer Homes common stock was converted into the right to receive $33.50 in cash. In connection with the merger, all outstanding obligations under the Company's Credit Agreement were repaid and terminated, and its 7.250% Senior Notes due 2029 were redeemed in full. Outstanding equity awards were also cancelled and converted into cash payments.