other material
confidence high
sentiment neutral
materiality 0.60
Better Home & Finance issues warrant to Framework Ventures for up to 211,312 shares at $27 exercise
Better Home & Finance Holding Co
- Warrant purchased for $0.01 to buy up to 211,312 shares of Class A common stock.
- First exercisable event: beneficial ownership > 4.99%; up to 105,656 shares at $27.00/share.
- Second exercisable event: beneficial ownership > 8.98% after first portion; remaining shares at greater of $27.00 or 90% of 30-day VWAP.
- Warrant expires February 17, 2027; Registration Rights Agreement filed for resale of warrant shares.
- Issuance exempt from registration under Section 4(a)(2) of the Securities Act.