secwatch.observer — SEC 8-K summary
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Issuer:     Better Home & Finance Holding Co (BETR)
CIK:        0001835856
Form:       8-K
Filed at:   2026-10-06T20:19:59+00:00
Accession:  0001835856-26-000066
Event type: leadership
Sentiment:  negative
Materiality: 0.85
Item codes: 5.02, 5.07
LLM model:  deepseek-v4.1-flash:cloud@v2

Garg Group consent solicitation ousts five BETR directors and interim CEO Daniel Lewis; Garg is sole remaining director
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- Garg Group consents, a majority of voting power as of Aug 21, 2026, removed without cause directors Daniel Lewis, Arnaud Massenet, Bhaskar Menon, Prabhu Narasimhan and Harit Talwar.
- Board removed Daniel Lewis as Interim CEO on Oct 5, 2026, effective immediately; a search for a successor Interim CEO has begun. Hugh Frater resigned Oct 1, 2026.
- On Oct 5, 2026 Garg, then sole remaining director, appointed Bing Gordon, Steven Sarracino, GC Paula Tuffin and employee Nicholas Calamari to the Board; no committee assignments yet.
- Consent results certified Oct 5, 2026: 13,638,803 votes for the bylaw-repeal proposal vs 24,594 against; each of the five directors was removed by 13,633,243 to 30,154.
- Frater had warned on Aug 27, 2026 he would resign if Garg took an executive role; he sat on the Audit and Special Committees.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1835856/000183585626000066/0001835856-26-000066-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1835856/000183585626000066/betr-20260930.htm
  HTML page:      https://secwatch.observer/filing/0001835856-26-000066

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