The shares are listed on the New York Stock Exchange

Davis Polk advised the joint book-running managers in connection with the upsized initial public offering of 8,846,154 shares of common stock of Smith Douglas Homes Corp. at $21.00 per share for total gross proceeds of approximately $186 million. The common stock is listed on the New York Stock Exchange under the symbol “SDHC.”

Headquartered in Atlanta, Georgia, Smith Douglas Homes is one of the fastest-growing private homebuilders by number of closings. Smith Douglas offers its homebuyers a personalized, affordable-luxury buying experience at attractive prices.

The Davis Polk capital markets team included partner Shane Tintle and associates Dana Sorbi and Jenny Li. Partner Matthew J. Bacal and associate Lachlan J. Forrester provided intellectual property advice. The tax team included partner Kara L. Mungovan and associate Dov Sussman. Counsel Loyti Cheng and associate Timothy J. Sullivan provided environmental advice. Counsel Marcie A. Goldstein provided FINRA advice. All members of the Davis Polk team are based in the New York office.

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