Home Point Capital $94 million IPO
We advised the underwriters on the IPO and Nasdaq listing
Davis Polk advised the representatives of the several underwriters, in connection with the $94 million initial public offering of 7,250,000 shares of common stock of Home Point Capital Inc. sold by certain selling shareholders. The common stock is listed on the Nasdaq Global Select Market under the symbol “HMPT.”
Homepoint is a leading mortgage originator and servicer focused on driving financially healthy and successful homeownership. Founded in 2015 and headquartered in Ann Arbor, Michigan, Homepoint works closely with a nationwide network of more than 5,500 mortgage broker and correspondent partners with deep knowledge and expertise about the communities and customers they serve. Today, Homepoint is the nation’s third-largest wholesale mortgage lender and the 10th-largest non-bank mortgage lender.
The Davis Polk capital markets team included partners Michael Kaplan and Shane Tintle and associates Carrie Guo and Jordyn Giannone. The financial institutions team included partner Margaret E. Tahyar and associate Greg Swanson. Counsel Daniel F. Forester and associate Shuang Ci provided intellectual property advice. The tax team included counsel Kiara L. Rankin and associate Bree Gong. All members of the Davis Polk deal team are based in the New York office.