Risk Factors Update Summary
- Homebuyers' demand decreased due to elevated mortgage rates, softening demand for new homes.
- Estimated termination payment increased from $85 million to $106 million for TRA termination.
- Outstanding Class A common shares decreased from 69,199 to 354,938 as of December 31, 2023.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1574197&owner=exclude
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