LGI Homes Expects IPO Price In Range Of $13.00-$15.00 - Quick Facts

(RTTNews) - LGI Homes Inc. (LGIH) announced the company is selling 9 million shares of common stock in its initial public offering. LGI Homes currently expects the initial public offering price to be between $13.00 and $15.00 per share of common stock. The company has granted the underwriters an option to purchase up to 1.35 million additional shares of common stock.

LGI Homes is a homebuilder engaged in the design and construction of entry-level homes in high growth markets in Texas, Arizona, Florida and Georgia. LGI Homes has applied to list the shares of its common stock on the NASDAQ Global Select Market under the symbol, LGIH.