regulatory
confidence high
sentiment negative
materiality 0.75
Better Home & Finance Holding Co (BETR): Nasdaq/NYSE listing notice — Aurora Acquisition Corp. receives Nasdaq notice for failure to meet minimum publicly held shares
Better Home & Finance Holding Co
- Received Nasdaq letter on April 24, 2023 that it falls below the 500,000 minimum publicly held shares required for continued listing on the Nasdaq Capital Market (Rule 5550(a)(4)).
- Company has until June 8, 2023 to submit a plan to regain compliance; no immediate delisting effect.
- Intends to provide a plan and evaluate options, including potential arrangements related to its merger with Better Holdco, Inc. (announced May 2021).
- If plan is not accepted, the company may appeal to a Nasdaq Hearings Panel.