The merger is complete and the stock is being delisted. Shareholders should expect to receive $33.50 per share in cash. No further trading in BZH on NYSE is possible. Monitor for any post-closing adjustments or appraisal rights processes.
Price Chart
Executive Summary
Beazer Homes USA (BZH) has been acquired by Dream Finders Homes via a merger that closed on October 20, 2026. Each share of BZH common stock was converted into $33.50 in cash. The NYSE has filed Form 25-NSE to delist the stock, effective November 2, 2026, and trading was suspended on the closing date.
Key Facts
- Merger between Beazer Homes USA and Bulldogs Merger Sub (Dream Finders Homes subsidiary) closed on October 20, 2026.
- Each share of BZH common stock converted into $33.50 in cash, without interest.
- NYSE filed to delist BZH effective November 2, 2026; trading suspended on October 20, 2026.
- The merger consideration represents a fixed cash price for all outstanding shares.
Financial Impact
All outstanding BZH shares acquired at $33.50 per share in cash; total deal value not disclosed in filing.
Risk Factors
- Potential appraisal rights or shareholder litigation challenging the merger price.
- Delisting may create liquidity issues for any remaining shares not yet tendered.
- No further upside beyond the $33.50 cash consideration.
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 25-NSE Filing (Primary) | 0000876661-26-000851 |
| Document: 0000876661-26-000851-index.html | 0000876661-26-000851 |
| Document: 0000876661-26-000851.txt | 0000876661-26-000851 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 6d ago | 25-NSE | $33.48 | awaiting T+20 | — | — |
Oct 20, 2026 7d ago | SC 13D/A | $33.48 | awaiting T+20 | — | — |
Oct 20, 2026 7d ago | 8-K | $33.48 | awaiting T+20 | — | — |
Oct 15, 2026 12d ago | 8-K | $33.41 | awaiting T+20 | — | — |
Sep 15, 2026 6w ago | DEFM14A | $33.35 $33.44 | ▲ +0.27% | ▼ −2.45% | — |
Aug 15, 2026 10w ago | Institutional Cluster | $33.17 $33.35 | ▲ +0.54% | ▲ +2.52% | — |
Aug 10, 2026 11w ago | DEFA14A | $33.17 $33.25 | ▲ +0.24% | ▲ +1.30% | — |
Aug 7, 2026 11w ago | DEFA14A | $33.18 $33.26 | ▲ +0.24% | ▲ +0.64% | — |
Aug 7, 2026 11w ago | 8-K | $33.18 $33.26 | ▲ +0.24% | ▲ +0.64% | — |
Aug 7, 2026 11w ago | 8-K | $33.18 $33.26 | ▲ +0.24% | ▲ +0.64% | — |
US Market Status
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