On August 16, 2024, Better Home & Finance Holding Company, a digitally native homeownership company, filed a Certificate of Amendment with the Delaware Secretary of State to effectuate a 1-for-50 reverse stock split of its common stock. The reverse stock split was approved by stockholders on June 4, 2024, and the Board of Directors set the ratio on August 1, 2024. The split aimed to increase the per-share trading price of the company's Class A common stock to comply with Nasdaq's minimum bid price requirement. Trading on a split-adjusted basis began on August 19, 2024, under the ticker symbol 'BETR' with a new CUSIP number. The company's public warrants continue to trade under the symbol 'BETRW'. As a result of the reverse stock split...Show More

On August 16, 2024, Better Home & Finance Holding Company, a digitally native homeownership company, filed a Certificate of Amendment with the Delaware Secretary of State to effectuate a 1-for-50 reverse stock split of its common stock. The reverse stock split was approved by stockholders on June 4, 2024, and the Board of Directors set the ratio on August 1, 2024. The split aimed to increase the per-share trading price of the company's Class A common stock to comply with Nasdaq's minimum bid price requirement. Trading on a split-adjusted basis began on August 19, 2024, under the ticker symbol 'BETR' with a new CUSIP number. The company's public warrants continue to trade under the symbol 'BETRW'. As a result of the reverse stock split, the number of outstanding shares of Class A, Class B, and Class C common stock was significantly reduced, and no fractional shares were issued. Instead, stockholders entitled to fractional shares received cash proceeds from the sale of aggregated fractional shares. The company has updated its securities description to reflect these changes. Better Home & Finance Holding Company has been recognized for its technology platform, Tinman™, and its achievements in the mortgage industry.