 Gig Harbor, Washington,, Oct. 07, 2021 GLOBE NEWSWIRE -- Harbor Custom Development, Inc. Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ Harbor, Harbor Custom Homes, or the Company, an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced the closing of its previously announced underwritten public offering the Offering of 2,400,000 shares of 8.0 Series A Cumulative Convertible Preferred Stock the Series A Preferred Stock and 13,800,000 warrants to each purchase one share of common stock, including 1,800,000 warrants as a result of a partial exercise of the over-allotment option granted to the underwriter Warrants. 