We advised the underwriters in connection with the IPO and Nasdaq listing

Davis Polk advised the underwriters in connection with an initial public offering of 11,040,000 shares of common stock of Dream Finders Homes, Inc., at $13.00 per share, for total gross proceeds of $143.5 million, which reflects the full exercise of the underwriters’ over-allotment option. Dream Finders’ common stock is traded on the Nasdaq Global Select Market under the symbol “DFH.”

Dream Finders Homes was founded by CEO, Patrick Zalupski, in 2008. DFH is based in Jacksonville, Florida, and is one of the nation’s fastest growing homebuilding companies. DFH builds homes in Florida, Texas, North Carolina, South Carolina, Georgia, Colorado, Virginia and Maryland. DFH achieves its industry leading growth and returns by maintaining an asset light homebuilding model.

The Davis Polk corporate team included partners Michael Kaplan and Yasin Keshvargar and associates Stephen A. Byeff, Prince Kudolo and Joshua B. Pittell. Counsel Loyti Cheng provided environmental advice. Partner Michael Farber and associate Shay Moyal provided tax advice. Counsel Marcie A. Goldstein provided FINRA advice. All members of the Davis Polk team are based in the New York office.