Dream Finders Homes Inc. /zigman2/quotes/223883452/composite DFH +2.28% has set terms of its initial public offering, in which the Florida-based home builder looks to raise up to $144 million and to be valued at over $1 billion. The company expects to offering 9.6 million Class A shares in the IPO, which is expected to price between $12 and $15 a share. The stock is expected to list on the Nasdaq exchange under the ticker symbol "DFH." With 30.86 million Class A shares and 60.23 million Class B shares expected to be outstanding after the the IPO, the expected pricing could value the company at up to $1.37 billion. BofA Securities, RBC Capital Markets and BTIG are the lead underwriters. For the nine months ended Sept. 30, the company recorded net income of $40.9 million on revenue of $672.7 million, after net income of $22.8 million on revenue of $490.9 million in the same period a year ago. The company is looking to go public at a time that the Renaissance IPO ETF /zigman2/quotes/207665280/composite IPO -0.46% has surged 20.5% over the past three months while the S&P 500 /zigman2/quotes/210599714/realtime SPX +1.14% has gained 9.6%.