{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-030682","form_type":"8-K","ticker":"BETR","cik":"0001835856","company_name":"Better Home & Finance Holding Co","filed_at":"2023-08-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.605759+00:00","generated_at":"2026-06-11T03:01:26.423421+00:00","sec_items":["1.01","2.01","5.06","3.02","9.01","4.01","2.02","3.03","5.01","5.02","5.03","5.05"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Better Home & Finance completes business combination with Aurora, begins trading on Nasdaq under BETR","bullets":["No Aurora shareholders exercised redemption rights; ~$21.4M remained in trust at closing.","Legacy Better stockholders own ~84.3% of combined company; SoftBank trust owns 8.8% via bridge conversion.","SoftBank received $528.6M convertible notes (1% interest, due 2028) as post-closing funding.","Sponsor exchanged $100M bridge note for 40M Class A shares at $2.50, plus bought 1.7M shares for $17M.","Company issued 91.3M Class A, 574.4M Class B, 71.9M Class C shares after all transactions."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-030682","json":"https://secwatch.observer/filing/0001628280-23-030682.json","markdown":"https://secwatch.observer/filing/0001628280-23-030682.md","text":"https://secwatch.observer/filing/0001628280-23-030682.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1835856/000162828023030682/0001628280-23-030682-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1835856/000162828023030682/betr-20230822.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T03:01:26.423421+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c4296669d1b5b19515eff3501e237b236e657142","claim":"Better Home & Finance Holding Co reported financial results for the quarter ended June 30, 2023.","evidence_excerpt":"On August 28, 2022, the Company issued a press release announcing the Company’s financial results for the quarter ended June 30, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1835856/000162828023030682/0001628280-23-030682-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"00b7ee98b7","claim":"Kevin Ryan was appointed as Chief Financial Officer and President at Better Home & Finance Holding Co.","evidence_excerpt":"Effective as of the Closing, the Board appointed Mr. Garg to serve as Chief Executive Officer, Mr. Kevin Ryan to serve as Chief Financial Officer and President, Mr. Nicholas Calamari to serve as Chief Administrative Officer and Senior Counsel, and Ms. Paula Tuffin to serve as General Counsel and Chief Compliance Officer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1835856/000162828023030682/0001628280-23-030682-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Financial Officer and President"}],"fact_type":"executive_change"},{"claim_id":"02cee8f4aa","claim":"Caroline Harding resigned as Chief Financial Officer at Better Home & Finance Holding Co.","evidence_excerpt":"Effective as of the Closing, each of Messrs. 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(closed 2023-08-22).","evidence_excerpt":"Following the Domestication, on August 22, 2023 (the \"Closing Date\"), as previously announced and as contemplated by the Merger Agreement, and as described in the section titled \" BCA Proposal \" beginning on page 198 of the Proxy Statement/Prospectus, Merger Sub merged with and into Better, with Better surviving the merger (the \"First Merger\") and Better merged with and into Aurora, with Aurora surviving the merger and changing its name to \"Better Home & Finance Holding Company\" (hereinafter referred to as \"Better Home & Finance\" or the \"Company\") (such merger, the \"Second Merger,\" and together with the First Merger and the Domestication, the \"Business Combination\" and the completion thereof, the \"Closing\").","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1835856/000162828023030682/0001628280-23-030682-index.htm","confidence":0.9,"family_label":"M&A 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dated as of August 26, 2022 (the “First Novator Letter Agreement”) and the letter agreement between Aurora, Better and the Sponsor dated as of February 7, 2023 (the “Second Novator Letter Agreement”), the parties thereto entered into a letter agreement dated as of August 22, 2023 (the “Novator Exchange Agreement”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1835856/000162828023030682/0001628280-23-030682-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Aurora, Better and the Sponsor"},{"label":"Value","value":"Sponsor exchanged Pre-Closing Bridge Note for 40,000,000 shares of Class A common stock at $2.50 per"},{"label":"Effective","value":"2023-08-22"}],"fact_type":"material_agreement"},{"claim_id":"d3554c3402e435b8e5b0cedfd1e18abc5200bae6","claim":"Better Home & Finance Holding Co 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