Dechomai Asset Trust Holds 500,000 Shares of Legacy Housing (LEGH)

TL;DR

**Dechomai Asset Trust just confirmed a 500,000 share stake in Legacy Housing.**

AI Summary

Dechomai Asset Trust, a Nevada-based entity, filed an amended SC 13G/A on January 19, 2024, indicating it beneficially owns 500,000 shares of Legacy Housing Corporation (LEGH) common stock. This represents a significant holding, giving Dechomai Asset Trust sole voting and dispositive power over these shares. For investors, this filing confirms a substantial institutional stake in Legacy Housing, potentially signaling confidence in the company's long-term prospects or a strategic investment by Dechomai Asset Trust.

Why It Matters

This filing shows a major investor, Dechomai Asset Trust, has a significant stake in Legacy Housing, which can influence stock stability and investor confidence.

Risk Assessment

Risk Level: low — This filing indicates a stable, significant ownership stake by an institutional investor, which generally reduces volatility risk.

Analyst Insight

Investors should note Dechomai Asset Trust's stable 500,000 share position in Legacy Housing, as it represents a significant institutional endorsement, but this filing alone doesn't suggest immediate price movement.

Key Numbers

• 500,000 — Shares Beneficially Owned (Represents the total number of Legacy Housing Corp. common shares Dechomai Asset Trust has sole voting and dispositive power over.)
• $0.001 — Par Value per Share (The stated par value of Legacy Housing Corp. common stock.)

Key Players & Entities

• Dechomai Asset Trust (company) — the reporting person beneficially owning shares of Legacy Housing Corp.
• Legacy Housing Corporation (company) — the issuer of the common stock being reported on.
• Nevada (place) — place of organization for Dechomai Asset Trust.
• 500,000 (dollar_amount) — number of shares beneficially owned by Dechomai Asset Trust.
• January 19, 2024 (date) — date of the event requiring the filing of this statement.

Forward-Looking Statements

• Dechomai Asset Trust will maintain its significant stake in Legacy Housing Corporation for the foreseeable future. (Dechomai Asset Trust) — medium confidence, target: 2025-01-19

FAQ

Key Financial Figures

• $0.001 — ation (Name of Issuer) Common Stock, $0.001 par value (Title of Class of Securiti

Filing Documents

• tm242465d1_sc13ga.htm (SC 13G/A) — 48KB
• 0001104659-24-004963.txt ( ) — 49KB

(a). Name of Issuer

Item 1(a). Name of Issuer: Legacy Housing Corporation

(b). Address of Issuer’s Principal Executive

Item 1(b). Address of Issuer’s Principal Executive Offices: 1600 Airport Freeway, #100 Bedford, Texas 76022

(a). Name of Person(s) Filing

Item 2(a). Name of Person(s) Filing: Dechomai Asset Trust

(b). Address of Principal Business Office, or if None,

Item 2(b). Address of Principal Business Office, or if None, Residence: The address of the principal business office of Dechomai Asset Trust (“DAF”) is 3713 Pine Street, Jacksonville, FL 32205.

(c). Citizenship

Item 2(c). Citizenship: Nevada

(d). Title of Class of Securities

Item 2(d). Title of Class of Securities: Common Stock, $0.001 par value

(e). CUSIP Number

Item 2(e). CUSIP Number: 52472M101

If this statement is filed pursuant to Rule 13d-1(b),

Item 3. If this statement is filed pursuant to Rule 13d-1(b), or Rule 13d-2(b) or (c), check whether the person filing is a : (a) Broker or dealer registered under section 15 of the Act. (b) Bank as defined in section 3(a)(6) of the Act. (c) Insurance company as defined in section 3(a)(19) of the Act. (d) Investment company registered under section 8 of the Investment Company Act of 1940. (e) An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940; (j) A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J); (k) Group, in accordance with Rule 13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution: ___________________. Page 3 of 6 pages Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: As of the date of this filing, DAF is deemed to beneficially own an aggregate of 500,000 shares of Common Stock of the Issuer (the “DAF Shares”). DAF has sole power to direct the vote and to direct the disposition of the DAF Shares. (b) Percent of class: The DAF Shares represent approximately 2.0% of the Issuer’s Common Stock, based on 24,391,797 issued and outstanding shares of Common Stock of the Issuer as of November 6, 2023, as reflected in the Form 10-Q filed by the Company with the Securities and Exchange Commission on November 9, 2023. (c) Number of shares

Ownership of Five Percent or Less of a Class

Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof, the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following .

Ownership of More Than Five Percent on Behalf of

Item 6. Ownership of More Than Five Percent on Behalf of Another Person. Not Applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person . Not Applicable.

Identification and Classification of Members of the

Item 8. Identification and Classification of Members of the Group. Not Applicable. Page 4 of 6 pages

Notice of Dissolution of Group

Item 9. Notice of Dissolution of Group. Not Applicable.

Certifications

Item 10. Certifications. (a) Not applicable. (b) Not applicable. (c) The following certification shall be included if the statement is filed pursuant to Rule 13d-1(c): By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a-11. Page 5 of 6 pages SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. January 19 , 2024 (Date) DECHOMAI ASSET TRUST By: /s/ Bryan Clontz Name: Bryan Clontz Title: Trustee Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties for whom copies are to be sent. Attention. Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001). Page 6 of 6 pages

View Full Filing

View this SC 13G/A filing on SEC EDGAR