Item 1.01 Entry into a Material Definitive Agreement

On December 29, 2022, Landsea Homes Corporation, a Delaware corporation (the "Company"), and certain of its subsidiaries entered into that certain Sixth Amendment Agreement (the "Sixth Amendment Agreement") with Western Alliance Bank, as administrative agent, and the other lender parties thereto, which amends the Company's existing Credit Agreement dated October 6, 2021 (as amended on November 30, 2021, December 31, 2021, April 13, 2022, June 30, 2022 and September 30, 2022, and as may be further amended from time to time, the "Credit Agreement"), to, among other things, extend the maturity date of the credit facility by one year (from October 6, 2024 to October 6, 2025), and modify the calculation of the borrowing base under the Credit Agreement.

The foregoing description of the Sixth Amendment Agreement does not purport to be complete and is subject to, and qualified in its entirety by reference to the Sixth Amendment Agreement, a copy of which is filed herewith as Exhibit 10.1, and is incorporated herein by reference.




  Item 9.01 Financial Statements and Exhibits.




(d) Exhibits



Exhibit No. Description
10.1          Sixth Amendment Agreement, dated December 29, 2022, by and among
            Landsea Homes Corporation, as borrower, the other loan parties party
            thereto, Western Alliance Bank as administrative agent, and the
            lender parties thereto.
104         Cover Page Interactive Data File (embedded within the Inline XBRL
            document).

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