UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM
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CURRENT REPORT
Pursuant
to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported):
_______________________________________
(Exact name of registrant as specified in its charter)
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| (State
or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS
Employer Identification No.) | ||
| (Address of principal executive offices) | (Zip Code) |
Registrant’s
telephone number, including area code:
_______________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
| Title of Each Class | Trading Symbol(s) | Name of Each Exchange on Which Registered | ||
| The Capital Market | ||||
| The
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| Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter) | |
| Emerging growth company | |
| If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. | |
| Item 1.01 | Entry Into a Material Definitive Agreement. |
On June 30, 2022 (the “Effective Date”), Landsea Homes Corporation (the “Company”), on behalf of itself and each of its greater than 50% owned subsidiaries (the “Licensees”), entered into the First Amendment to Trademark License Agreement (the “Amendment”) with Landsea Group Co., Ltd., a China limited company (“Licensor”), which amended the Trademark License Agreement, dated as of January 7, 2021, pursuant to which Licensor granted the Licensees a sublicensable exclusive license to use the mark LANDSEA in the “domestic homebuilding business,” which includes “mortgage lending,” “title insurance,” “home insurance” and other “settlement services” as such terms are defined therein.
The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the complete text of the Amendment filed as Exhibit 10.1 attached hereto and incorporated by reference herein.
| Item 7.01 | Regulation FD Disclosure. |
On July 5, 2021, the Company issued a press release announcing the launch of Landsea Mortgage, a copy of which is being furnished as Exhibit 99.1 attached hereto.
The information in this Item 7.01 (including Exhibit 99.1) shall not be deemed “filed” for purposes of Section 18 the Securities and Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
| Exhibit No. | Description |
| 10.1 | First Amendment, dated June 30, 2022, to Trademark License Agreement, by and among Landsea Homes Corporation, on behalf of itself and certain of its subsidiaries set forth on Exhibit A thereto and Landsea Group Co., Ltd., dated January 7, 2021. |
| 99.1 | Press Release issued by Landsea Homes Corporation on July 5, 2022. |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| LANDSEA HOMES CORPORATION | ||
| Date: July 5, 2022 | By: | /s/ Franco Tenerelli |
| Name: Franco Tenerelli | ||
| Title: Executive Vice President, Chief Legal Officer and Secretary | ||