FitzGerald Yap Kreditor LLP Partner, Lynne Bolduc, and Team, Facilitate More than $112.2 Million of Public Offerings for Harbor Custom Development, Inc.
November 10, 2021
Partner, Lynne Bolduc; Associate Attorney, Josephine Rachelle Aranda; and Corporate and Securities Jr. Paralegal, Kaylee Poynter of FitzGerald Yap Kreditor LLP (FYK) represented Harbor Custom Development, Inc. (NASDAQ: HCDI, HCDIP, HCDIW, and HCDIZ) in its recent upsized follow-on preferred public offering.
On November 5, 2021, Harbor Custom Development closed on the sale of 360,000 shares of Series A Cumulative Convertible Preferred Stock at $15.00 per share after the exercise of the underwriter’s overallotment option in its preferred public offering, bringing the total proceeds of the offering to $41 million. ThinkEquity LLC was the underwriter of this public offering.
The FYK team also represented Harbor Custom Development in its:
Initial public offering (IPO) of $12.2 million which closed on September 1, 2020;
Follow-on public offering of $27.6 million which closed on January 15 and 20, 2021; and
Preferred public offering of $31.4 million which closed on June 11 and 30, 2021.
Harbor Custom Development raised a total of more than $112.2 million in its public offerings over the last 14 months with the FYK team.
About Harbor Custom Development
Harbor Custom Development is a real estate development company located in Gig Harbor, Washington. Harbor is developing residential real estate projects in Washington, California, Texas, and Florida, and expanding throughout the United States. Harbor Custom Development is included in the Russell Microcap Index.
How is FitzGerald Yap Kreditor Supporting Harbor Custom Development with Public Offerings?
The securities law attorneys at the Southern California law firm, FitzGerald Yap Kreditor LLP, assisted Harbor Custom Development with every aspect of their public offerings. They continue to represent the Company in its SEC reporting obligations and other matters related to corporate governance and compliance. Managing a public offering requires specialized knowledge in a multitude of legal areas and is a complex process. FitzGerald Yap Kreditor LLP is well equipped to facilitate such transactions with a fully staffed corporate and securities department with experienced attorneys.
Experienced Securities Law Attorney in California
Lynne Bolduc, Partner at FitzGerald Kreditor Bolduc Risbrough LLP, has more than 26 years of experience as a corporate and securities attorney. Ms. Bolduc not only represents public companies but also private companies and ventures that are seeking financing in a private or public offering or pursuing transactions, such as a sale, merger, or acquisition.
Need Assistance with a Public or Private Offering?
Startups, entrepreneurs, and businesses considering a private or public offering or other transaction should contact Lynne Bolduc at (949) 788-8900 to schedule a confidential consultation to evaluate their options.
