secwatch / observer

Better Home & Finance Holding Co — fact timeline

Source-grounded facts extracted from Better Home & Finance Holding Co's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

BETR Better Home & Finance Holding Co JSON
Material Agreements

Better Home & Finance Holding Co entered into Indenture with GLAS Trust Company LLC valued at aggregate principal amount of $528,585,444 (effective 2023-08-22).

“On August 22, 2023, the Company issued and sold to SoftBank senior subordinated convertible notes in the aggregate principal amount of $528,585,444 (the “Convertible Notes”) pursuant to an Indenture, dated as of August 22, 2023 (the “Indenture”), between the Company and GLAS Trust Company LLC, as trustee”
Material Agreements

Better Home & Finance Holding Co amended Amendment No. 2 to the Subscription Agreement with SB Northstar LP valued at $650,000,000 (effective 2023-08-21).

“On August 21, 2023, Aurora, Better and SB Northstar LP, a Cayman Islands exempted limited partnership (“SoftBank”) entered into an Amendment No. 2 to the Subscription Agreement, dated as of May 10, 2021, as amended by Amendment No. 1, dated as of November 30, 2021 (“Amendment No. 2”)”
Material Agreements

Better Home & Finance Holding Co entered into Agreement and Plan of Merger with Better Holdco, Inc., Aurora Merger Sub I, Inc. (effective 2023-08-22).

“consummated the previously announced business combination pursuant to the terms of the Agreement and Plan of Merger, dated as of May 10, 2021, as amended”
Shareholder Votes

Better Home & Finance Holding Co shareholders approved The ESPP Proposal at the 2023-08-11 meeting.

“Proposal No. 7 – The ESPP Proposal Votes For Votes Against Abstentions 8,689,687 10,604 604”
Shareholder Votes

Better Home & Finance Holding Co shareholders approved The Incentive Equity Plan Proposal at the 2023-08-11 meeting.

“Proposal No. 6 – The Incentive Equity Plan Proposal Votes For Votes Against Abstentions 8,689,670 10,621 604”
Shareholder Votes

Better Home & Finance Holding Co shareholders approved The Stock Issuance Proposal at the 2023-08-11 meeting.

“Proposal No. 5 – The Stock Issuance Proposal Votes For Votes Against Abstentions 8,700,271 20 604”
Shareholder Votes

Better Home & Finance Holding Co shareholders approved Director Election Proposal for Class B Ordinary Shares at the 2023-08-11 meeting.

“Proposal No. 4 – Director Election Proposal Class B Ordinary Shares Only Name Votes For Votes Against Abstentions Harit Talwar 6,825,853 0 0 Vishal Garg 6,825,853 0 0 Michael Farello 6,825,853 0 0 Steven Sarracino 6,825,853 0 0 Riaz Valani 6,825,853 0 0 Prabhu Narasimhan 6,825,853 0 0 Arnaud Massenet 6,825,853 0 0”
Shareholder Votes

Better Home & Finance Holding Co shareholders approved Organizational Documents Proposal D at the 2023-08-11 meeting.

“Proposal No. 3d – Organizational Documents Proposal D Votes For Votes Against Abstentions 8,700,271 620 4”
Shareholder Votes

Better Home & Finance Holding Co shareholders approved Organizational Documents Proposal C at the 2023-08-11 meeting.

“Proposal No. 3c – Organizational Documents Proposal C Votes For Votes Against Abstentions 8,689,669 11,222 4”
Shareholder Votes

Better Home & Finance Holding Co shareholders approved Organizational Documents Proposal B at the 2023-08-11 meeting.

“Proposal No. 3b – Organizational Documents Proposal B Votes For Votes Against Abstentions 8,689,669 11,222 4”
Shareholder Votes

Better Home & Finance Holding Co shareholders approved Organizational Documents Proposal A at the 2023-08-11 meeting.

“Proposal No. 3a – Organizational Documents Proposal A Votes For Votes Against Abstentions 8,689,669 11,226 0”
Shareholder Votes

Better Home & Finance Holding Co shareholders approved The Domestication Proposal at the 2023-08-11 meeting.

“Proposal No. 2 – The Domestication Proposal Votes For Votes Against Abstentions 8,700,294 601 0”
Shareholder Votes

Better Home & Finance Holding Co shareholders approved The BCA Proposal at the 2023-08-11 meeting.

“Proposal No. 1 – The BCA Proposal Votes For Votes Against Abstentions 8,700,276 19 600”
Material Agreements

Better Home & Finance Holding Co amended Amendment No. 6 with Aurora Acquisition Corp., Aurora Merger Sub I, Inc., Better HoldCo, Inc. (effective 2023-06-23).

“On June 23, 2023, Aurora, Merger Sub and Better entered into Amendment No. 6 (“Amendment No. 6”) to the Merger Agreement, which amended the Proposed Form of Certificate of Incorporation upon Domestication at Exhibit A to the Merger Agreement to implement a corrective change to the authorized share capital of the combined company.”
Listing & Compliance Notices

Better Home & Finance Holding Co received a nasdaq deficiency notice notice regarding market value (rules 5550(b)(2), 5810(c)(3)(C)).

“June 21, 2023, Aurora received a letter (the “MVLS Notice”) from the Listing Qualifications department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for 30 consecutive business days, the Company’s minimum Market Value of Listed Securities (“MVLS”) with respect to its Class A ordinary shares (the “Ordinary Shares”) was below the minimum of $35 million required for continued listing on the Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(b)(2) (the “Market Value Standard”). In accordance with Nasdaq Listing Rule 5810(c)(3)(C), the MVLS Notice states that the Com”
Listing & Compliance Notices

Better Home & Finance Holding Co received a nasdaq deficiency notice notice regarding other (rules 5550(a)(4)).

“April 24, 2023, Aurora Acquisition Corp. (the “Company”) received a letter (the “Notice”) from the Listing Qualifications department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the Company no longer meets the minimum 500,000 publicly held shares required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(4) (the “Public Float Standard”). The Notice states that the Company has until June 8, 2023 to provide Nasdaq with a specific plan to achieve and sustain compliance with all The Nasdaq Capital Market listing requirements, includi”
Auditor Changes

Better Home & Finance Holding Co reported that prior financial statements should not be relied upon.

“on March 26, 2023, the Audit Committee (the “Audit Committee”) of the board of directors of the Company (the “Board”) and the Board, in consultation with the Company’s management and its advisors , concluded that the Company’s previously issued financial statements issued in connection with: (i) the Company’s Annual Report on Form 10-K for the year ended December 31, 2021, originally filed on March 25, 2022 (the “2021 Form 10-K”); and (ii) the Company’s Quarterly Reports on Form 10-Q for the quarterly periods ended September 30, 2021, March 31, 2022, June 30, 2022 and September 30, 2022, originally filed on November 15, 2021, May 16, 2022, August 15, 2022 and November 14, 2022, respectively (collectively, the “Affected Periods”) should no longer be relied upon.”
Governance Changes

Better Home & Finance Holding Co: Extended the deadline to consummate a business combination from March 8, 2023 to September 30, 2023 by amending the Amended and Restated Memorandum and Articles of Association (effective 2023-02-24).

“Within 15 days of the extraordinary general meeting in lieu of the 2022 annual general meeting (the “Extraordinary General Meeting”) of Aurora, which was held on February 24, 2023, Aurora will file with the Registrar of Companies of the Cayman Islands an amendment (the “Extension Amendment”) to its Amended and Restated Memorandum and Articles of Association to extend the date by which Aurora must consummate a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses from March 8, 2023 to September 30, 2023, or such earlier date as shall be determined by Aurora’s board of directors and publicly announced by Aurora.”
Shareholder Votes

Better Home & Finance Holding Co shareholders approved Adopt the Extension Amendment (the 'Extension Proposal') at the 2023-03-02 meeting.

“At the Extraordinary General Meeting, Aurora’s shareholders approved a proposal, by special resolution under Cayman Islands law, to adopt the Extension Amendment (the “Extension Proposal”).”
Material Agreements

Better Home & Finance Holding Co amended Amendment No. 5 with Aurora, Merger Sub, Better (effective 2023-02-24).

“On February 24, 2023, Aurora, Merger Sub and Better entered into Amendment No. 5 (“Amendment No. 5”) to the Merger Agreement, pursuant to which the parties agreed to extend the Agreement End Date (as defined in the Merger Agreement) from March 8, 2023 to September 30, 2023.”
Material Agreements

Better Home & Finance Holding Co amended Amendment No. 3 with Aurora, Merger Sub, Better (effective 2021-11-30).

“On November 30, 2021, Aurora entered into Amendment No. 3 (“Amendment No. 3”) to the Merger Agreement, by and among, Aurora, Merger Sub and Better.”
Material Agreements

Better Home & Finance Holding Co amended Amendment No. 2 with Aurora, Merger Sub, Better (effective 2021-11-09).

“On November 9, 2021, Aurora entered into Amendment No. 2 (“Amendment No. 2”) to the Merger Agreement, by and among, Aurora, Merger Sub and Better.”
Material Agreements

Better Home & Finance Holding Co amended Amendment No. 1 with Aurora Acquisition Corp., Merger Sub, Better (effective 2021-10-27).

“On October 27, 2021, Aurora entered into Amendment No. 1 (“Amendment No. 1”) to the Merger Agreement, by and among Aurora, Merger Sub and Better.”
Material Agreements

Better Home & Finance Holding Co entered into Agreement and Plan of Merger with Aurora Acquisition Corp., Aurora Merger Sub I, Inc., Better HoldCo, Inc. (effective 2021-05-10).

“On May 10, 2021 Aurora Acquisition Corp., a Cayman Islands exempted company (“Aurora”) entered into an Agreement and Plan of Merger (the “Merger Agreement”), by and among Aurora, Aurora Merger Sub I, Inc., a Delaware corporation and a direct wholly owned subsidiary of Aurora (“Merger Sub”), and Better HoldCo, Inc., a Delaware corporation (“Better”), relating to, among other things, (i) each of the mergers of (x) Merger Sub, with and into Better, with Better surviving the merger as a wholly owned subsidiary of Aurora (the “First Merger”), and (y) Better with and into Aurora, with Aurora surviving the merger (together with the First Merger, the “Mergers” or “Business Combination”), and (ii) as a condition to the effectiveness of the Mergers, the proposal of Aurora to change its jurisdiction of incorporation by deregistering as an exempted company in the Cayman Islands and domesticating as a Delaware corporation pursuant to Section 388 of the General Corporation Law of the State of Delawa”
Material Agreements

Better Home & Finance Holding Co amended Limited Waiver with Novator Capital Sponsor Ltd., certain individuals (Insiders), and Better HoldCo, Inc. valued at up to an aggregate of $17 million (effective 2023-02-23).

“On February 23, 2023, Aurora Acquisition Corp., a Cayman Island exempted company (“Aurora” or the “Company”), Novator Capital Sponsor Ltd., a Cyprus limited liability company (the “Sponsor”), certain individuals, each of whom is a member of the board of directors and/or management team of Aurora (the “Insiders”) , and Better HoldCo, Inc. a Delaware corporation ("Better"), entered into a limited waiver (the “Limited Waiver”) to the Amended and Restated Letter Agreement (the “A&R Letter Agreement”), dated as of May 10, 2021, by and among Aurora, the Sponsor and the Insiders.”
Material Agreements

Better Home & Finance Holding Co entered into Letter Agreement with Better HoldCo, Inc., Aurora Acquisition Corp., and Novator Capital Sponsor Ltd. (effective 2023-02-07).

“On February 7, 2023, Aurora Acquisition Corp., a Cayman Island exempted company (“Aurora”), Better HoldCo, Inc., a Delaware corporation (“Better”) and Novator Capital Sponsor Ltd., a Cyprus limited liability company (“Novator”) entered into a letter agreement (the “Letter Agreement”)”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.