Current Report Filing (8-k)
March 10 2017 - 5:26PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported): March 10, 2017
The New Home Company Inc.
(Exact name of registrant as specified in its charter)
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Delaware
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001-36283
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27-0560089
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(State or other jurisdiction of
incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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85 Enterprise, Suite 450
Aliso Viejo, California
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92656
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(Address of principal executive offices)
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(Zip Code)
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(949)
382-7800
(Registrants telephone number, including area code)
N/A
(Former name or
former address, if changed since last report)
Check the appropriate box below
if the Form
8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule
14a-12
under the Exchange Act (17 CFR
240.14a-12)
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Pre-commencement
communications pursuant to Rule
14d-2(b)
under the Exchange Act (17 CFR
240.14d-2(b))
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Pre-commencement
communications pursuant to Rule
13e-4(c)
under the Exchange Act (17 CFR
240.13e-4(c))
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Item 8.01 Other Events.
On March 10, 2017, The New Home Company Inc., a Delaware corporation (the Company), issued a press release announcing that it had priced its
private offering (the Offering) to eligible purchasers of $250.0 million aggregate principal amount of 7.250% senior notes due 2022 (the 2022 Notes). The 2022 Notes will be issued at an offering price of 98.961% of their
face amount, which represents a yield to maturity of 7.500%. The Company intends to use the net proceeds from the Offering to repay all borrowing outstanding under the Companys senior unsecured revolving credit facility, and the remainder for
general corporate purposes. The Company expects to close the Offering on March 17, 2017, subject to the satisfaction of customary closing conditions. In accordance with Rule 135c of the Securities Act, a copy of this press release is being
filed as Exhibit 99.1 to this report and accordingly, this notice is not intended to and does not constitute an offer to sell nor a solicitation for an offer to purchase any securities of the Company.
The 2022 Notes have not been registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent
registration or an applicable exemption from the registration requirements of the Securities Act and any applicable state securities laws.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
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99.1
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Press Release dated March 10, 2017
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
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The New Home Company Inc.
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Date: March 10, 2017
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By:
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/s/ John M. Stephens
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John M. Stephens
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Chief Financial Officer
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EXHIBIT INDEX
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Exhibit No.
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Description
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99.1
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Press Release dated March 10, 2017
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