The merger has closed and BZH shares will be delisted and deregistered. No further trading or reporting for BZH is expected.
Price Chart
Executive Summary
Beazer Homes USA completed its acquisition by Dream Finders Homes on October 20, 2026. Each outstanding share of BZH common stock was converted into the right to receive $33.50 in cash, and the company's credit agreement and $350 million 7.250% Senior Notes due 2029 were repaid and terminated. BZH requested delisting from the NYSE and will file a Form 15 to suspend reporting obligations, marking the end of BZH as a public company.
Key Facts
- Merger completed on October 20, 2026, with BZH surviving as a wholly owned subsidiary of Dream Finders Homes
- Shareholders received $33.50 per share in cash
- Credit agreement and $350M 7.250% Senior Notes due 2029 repaid and terminated
- NYSE trading halted; delisting and deregistration of shares initiated
- All nine BZH directors resigned; replaced by seven directors from Dream Finders Homes
- Certificate of incorporation and bylaws amended and restated
Financial Impact
Transaction valued at approximately $2.2 billion enterprise value; shareholders received $33.50 per share in cash
Risk Factors
- Appraisal rights exercised by dissenting shareholders could result in litigation or additional cash outlay
- Post-merger integration risks for Dream Finders Homes
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001104659-26-117198 |
| Document: tm2622398d20_8k.htm | 0001104659-26-117198 |
| Document: tm2622398d20_ex3-1.htm | 0001104659-26-117198 |
| Document: 0001104659-26-117198-index-headers.html | 0001104659-26-117198 |
| Document: 0001104659-26-117198-index.html | 0001104659-26-117198 |
| Document: 0001104659-26-117198.txt | 0001104659-26-117198 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 7d 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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