Smith Douglas Homes announced it has publicly filed a registration statement for a proposed initial public offering with the U.S. Securities and Exchange Commission.

While the offering is subject to market conditions and there can be no assurance as to whether or when the offering may be completed, the company has applied to list its common stock on the New York Stock Exchange under the ticker symbol “SDHC.”

The number of shares to be offered and the price range for the proposed offering have not yet been determined.

The news directly follows the builder’s recent acquisition of Houston-based Devon Street Homes and its expansion into Texas last month. In that news release, president and CEO Greg Bennett mentioned he was “thrilled” to be partnering with another builder “at a time when they were looking to expand.”

Headquartered in Atlanta, Smith Douglas closed 2,200 homes in 2022 and rose to No. 38 on the 2023 Builder 100, from No. 43 the year prior when they closed 1,848 homes. Almost 10 years ago in 2014, the builder ranked No. 83 with 472 closings.

J.P. Morgan, BofA Securities, RBC Capital Markets, Wells Fargo Securities, and Wolfe | Nomura Alliance are acting as joint book-running managers for the proposed offering. Fifth Third Securities, Regions Securities, Wedbush Securities, and Whelan Advisory Capital Markets are acting as co-managers.