Better Home & Finance completes 1-for-50 reverse stock split to regain Nasdaq compliance

Better Home & Finance Holding Co

Effective August 16, 2024, every 50 shares of common stock converted into 1 share; no fractional shares issued.
Class A shares reduced from 424,783,460 to 8,497,010; Class B from 259,770,986 to 5,194,080; Class C from 71,877,283 to 1,437,545.
Warrant terms adjusted: number of shares per warrant divided by 50, exercise price multiplied by 50.
Stockholders not required to take action; fractional shareholders receive cash proceeds from sale of aggregated shares.
Reverse split aimed at increasing per-share price to meet Nasdaq minimum bid requirement for continued listing.

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