Dream Finders Homes, Inc.

Dream Finders Homes, Inc. announced its reincorporation from the State of Delaware to the State of Texas, effective June 9, 2026. This change means the company's internal affairs are now governed by Texas law, including its new certificate of formation and bylaws. The reincorporation did not alter the company's business, management, properties, employees, assets, or liabilities, and its Class A common stock continues to trade on the NYSE under "DFH." Additionally, the board approved new indemnification agreements for directors and executive officers, governed by Texas law.

Dream Finders Homes, Inc. announced the appointment of Clint Szubinski as Chief Operating Officer, effective June 1, 2026. Mr. Szubinski brings over two decades of homebuilding leadership experience, including senior roles at Meritage Homes Corporation. His employment agreement includes a base salary of $800,000 and a one-time restricted stock signing bonus valued at $6,000,000, vesting over three years. This strategic appointment aims to strengthen the executive team as the company continues its national expansion.

Dream Finders Homes, Inc. (DFH) reaffirmed its all-cash proposal to acquire Beazer Homes USA, Inc. for $25.75 per share, representing a 40% premium and a total equity value of approximately $704 million. DFH released an investor presentation criticizing Beazer's "prolonged underperformance" and "flawed strategy," while highlighting DFH's superior operational and M&A track record. Dream Finders urges Beazer's board to engage constructively, stating it is fully committed to the transaction and has secured financing confidence.

Dream Finders Homes, Inc. announced the dismissal of PricewaterhouseCoopers LLP (PwC) as its independent registered public accounting firm, effective May 13, 2026. This decision followed a competitive Request for Proposal process conducted by the Audit Committee. Concurrently, the Audit Committee appointed KPMG LLP as the Company's new independent registered public accounting firm for the fiscal year ending December 31, 2026. The Company confirmed there were no disagreements or reportable events with PwC during the fiscal years 2024 and 2025, or the subsequent interim period.

Dream Finders Homes, Inc. announced a proposal to acquire all outstanding shares of Beazer Homes USA, Inc. for $25.75 per share in an all-cash transaction, valuing Beazer at approximately $704 million. This offer represents a 40% premium to Beazer's closing share price on May 5, 2026. Dream Finders, already a top 10 shareholder, highlighted Beazer's recent operational challenges and stated that the combination would create the seventh-largest U.S. homebuilder, urging Beazer's board to engage.