Item 7.01 Regulation FD Disclosure Landsea Homes Corporation, a Delaware corporation (the “Company”) make the following disclosures in response to recent bank closures: ● The Company does not have any lending or depository relationships with Silicon Valley Bank or Signature Bank; ● Out of an abundance of caution, the Company drew the remaining availability under its unsecured revolving credit facility to ensure access to full liquidity; and ● The predominance of the Company’s deposits are FDIC insured and held at a mix of money center and regional banks. The information in this Item 7.01 shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as a(…)
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