Cover |
May 04, 2021 |
|---|---|
| Affiliate, Collateralized Security [Line Items] | |
| Document Type | 8-K/A |
| Amendment Flag | true |
| Amendment Description | On May 4, 2021, Landsea Homes Corporation, a Delaware corporation (the “Company”), and its wholly owned subsidiary, Landsea Homes US Corporation, a Delaware corporation (“Buyer”), completed its acquisition (the “Acquisition”) of all the outstanding membership interests of Vintage Estate Homes, LLC, a Florida limited liability company (d/b/a Mercedes Premier Homes) (“Vintage Estate Homes”), a Florida- and Texas-based home builder, pursuant to that certain Membership Interest Purchase Agreement (the “Purchase Agreement”), dated April 27, 2021, by and among the Company, Buyer, Vintage Estate Homes, and the certain other individual selling parties thereto, for an aggregate cash purchase price of $54.6 million, subject to certain adjustments as further described in the Purchase Agreement. On May 4, 2021, the Company filed with the Securities and Exchange Commission a Current Report on Form 8-K (the “Original Form 8-K”) reporting, among other things, the completion of the Acquisition and indicating that the Company intended to provide the required Item 9.01(a) Financial Statements of Business Acquired and Item 9.01(b) Pro Forma Financial Information through an amendment to the Original Form 8-K no later than 71 days from the date on which the Original Form 8-K was required to be filed. This Current Report on Form 8-K/A amends the Original Form 8-K to provide such financial statements and information. |
| Document Period End Date | May 04, 2021 |
| Entity File Number | 001-38545 |
| Entity Registrant Name | LANDSEA HOMES CORPORATION |
| Entity Central Index Key | 0001721386 |
| Entity Tax Identification Number | 82-2196021 |
| Entity Incorporation, State or Country Code | DE |
| Entity Address, Address Line One | 660 Newport Center Drive |
| Entity Address, Address Line Two | Suite 300 |
| Entity Address, City or Town | Newport Beach |
| Entity Address, State or Province | CA |
| Entity Address, Postal Zip Code | 92660 |
| City Area Code | (949) |
| Local Phone Number | 345-8080 |
| Written Communications | false |
| Soliciting Material | false |
| Pre-commencement Tender Offer | false |
| Pre-commencement Issuer Tender Offer | false |
| Entity Emerging Growth Company | true |
| Elected Not To Use the Extended Transition Period | false |
| Common Stock, par value $0.0001 per share | |
| Affiliate, Collateralized Security [Line Items] | |
| Title of 12(b) Security | Common Stock, par value $0.0001 per share |
| Trading Symbol | LSEA |
| Security Exchange Name | NASDAQ |
| Warrants exercisable for Common Stock | |
| Affiliate, Collateralized Security [Line Items] | |
| Title of 12(b) Security | Warrants exercisable for Common Stock |
| Trading Symbol | LSEAW |
| Security Exchange Name | NASDAQ |