Better Home & Finance Holding Co (BETR): Nasdaq/NYSE listing notice — Better Home & Finance receives Nasdaq extension to cure bid price deficiency until Oct 7, 2024

Better Home & Finance Holding Co

Company received 180-day extension from Nasdaq until October 7, 2024 to regain compliance with $1.00 minimum bid price rule.
Previously disclosed non-compliance on Oct 12, 2023; company transferred listing to Nasdaq Capital Market effective March 13, 2024.
If bid price closes at $1.00 or more for 10 consecutive business days before Oct 7, Nasdaq will confirm compliance.
Failure to cure could result in delisting; company may consider reverse stock split subject to stockholder approval.
No immediate effect on listing; Class A common stock continues trading on Nasdaq Capital Market under symbol BETR.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Better Home & Finance Holding Co received a nasdaq extension granted notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

Exchange: nasdaq
Notice: extension granted
Deficiency: minimum bid price
Rules: 5550(a)(2), 5810(c)(3)(A)

Exact text from the filing

The Nasdaq Stock Market LLC (“Nasdaq”) granted the Company’s request for an additional 180-day period, or until October 7, 2024, (the “Extension Notice”) to evidence compliance with the $1.00 per share requirement for continued inclusion on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Rule”). If at any time before October 7, 2024, the bid price of the Company’s Class A common stock, par value $0.0001 per share (the “Class A Common Stock”) closes at $1.00 per share or more for a minimum of ten consecutive business days, Nasdaq will provide the Company wi

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Source: SEC EDGAR

accession 0001628280-24-015553

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