---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-034377"
form_type: "8-K"
ticker: "BETR"
cik: "0001835856"
company_name: "Better Home & Finance Holding Co"
filed_at: "2023-10-13T23:59:59+00:00"
generated_at: "2026-06-10T00:09:31.333954+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BETR receives Nasdaq deficiency notice for failing minimum bid price; 180-day cure period

## Summary
- On Oct 12, 2023, Nasdaq notified BETR that its common stock failed to maintain minimum $1.00 bid price for 30 consecutive business days.
- Company has until April 9, 2024 to regain compliance by closing at or above $1.00 for 10 consecutive business days.
- If not cured, BETR may seek transfer to Nasdaq Capital Market for a second 180-day cure period or face delisting.
- BETR is evaluating options including a reverse stock split to address the bid price deficiency.

## SEC filing metadata
- accession: 0001628280-23-034377
- form_type: 8-K
- ticker: BETR
- cik: 0001835856
- company_name: Better Home & Finance Holding Co
- filed_at: 2023-10-13T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1835856/000162828023034377/0001628280-23-034377-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1835856/000162828023034377/betr-20231012.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-034377
- JSON: https://secwatch.observer/filing/0001628280-23-034377.json
- Plain text: https://secwatch.observer/filing/0001628280-23-034377.txt

## Key facts
- Listing & Compliance Notices
  Better Home & Finance Holding Co received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5450(a)(1), 5810(c)(3)(A)
  source text: October 12, 2023, Better Home & Finance Holding Company (the “Company”) received a letter (the “Notice”) from the listing qualifications staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5450(a)(1) (the “Bid Price Rule”) for continued listing. The Bid Price Rule requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) (the “Compliance Period Rule”) provides that a failure to meet the minimum bid price
  evidence_url: https://www.sec.gov/Archives/edgar/data/1835856/000162828023034377/0001628280-23-034377-index.htm

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