---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-033888"
form_type: "8-K"
ticker: "BETR"
cik: "0001835856"
company_name: "Better Home & Finance Holding Co"
filed_at: "2026-08-20T20:27:39+00:00"
generated_at: "2026-08-20T20:28:16.162529+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Better Home & Finance adopts poison pill to block former CEO's takeover bid

## Summary
- Rights plan effective Aug 20, 2026; expires at 2027 annual meeting; triggers at 15% ownership of any class or voting power.
- One Right per Class A/B/C share; record date Aug 31, 2026; $65.00 exercise price per fractional preferred share.
- Targets former CEO Vishal Garg, coordinating with undisclosed investor group to seize control without paying premium.
- On trigger, non-Acquiring holders may buy shares at 2x market value; Acquiring Person's Rights become null and void.
- Board may redeem Rights for $0.001 each before Distribution Date; Certificate of Designation filed in Delaware Aug 20, 2026.

## SEC filing metadata
- accession: 0001140361-26-033888
- form_type: 8-K
- ticker: BETR
- cik: 0001835856
- company_name: Better Home & Finance Holding Co
- filed_at: 2026-08-20T20:27:39+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.03, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1835856/000114036126033888/0001140361-26-033888-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1835856/000114036126033888/ef20080722_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-033888
- JSON: https://secwatch.observer/filing/0001140361-26-033888.json
- Plain text: https://secwatch.observer/filing/0001140361-26-033888.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.