United Homes Group (DiamondHead Holdings) ^{Priced, Nasdaq: UHG}

We are a newly organized blank check company. Our sponsor, DHP SPAC-II Sponsor LLC, is an entity controlled by David T. Hamamoto. Mr. Hamamoto currently serves as a director of Lordstown Motors Corp. ("Lordstown") and previously served as the Chairman and Chief Executive Officer of DiamondPeak Holdings Corp. ("DiamondPeak"), which was a blank check company at the time of its 2019 initial public offering. We intend to capitalize on the ability of our management team to identify, acquire and operate a business in any industry or sector and leverage our public market experience to unlock value in a private platform, similar to the Lordstown acquisition. We believe the extensive experience of our CEO and management as highlighted through decades of investing and DiamondPeak’s business combination with Lordstown makes us well situated to identify, source, negotiate and execute an initial business combination with an attractive company or business, and gives us a competitive edge. We intend to seek candidates with an enterprise value of between $350 million and $2.0 billion. We believe that the middle-market segment provides the greatest number of opportunities for investment, and it is where we believe our management team has the strongest network to identify opportunities.