On August 22, 2024, an important transaction was filed with the United States Securities and Exchange Commission involving Better Home & Finance Holding Company, a Delaware corporation. Novator Capital Sponsor Ltd., a Cyprus-based company, and Thor Björgólfsson, an individual with Icelandic citizenship, reported significant holdings in Better Home & Finance Holding. Novator Capital Sponsor Ltd. disclosed ownership of 961,962 shares, representing 11.3% of the company's Class A Common Stock, while Thor Björgólfsson reported beneficial ownership of 981,962 shares, accounting for 11.5% of the class. The shares reported include both direct holdings and those issuable upon the exercise of warrants, which are exercisable at $575.00 per share following a 50-for-1 reverse stock split in August 2024. The warrants are set to expire on August 22, 2028. The...Show More

On August 22, 2024, an important transaction was filed with the United States Securities and Exchange Commission involving Better Home & Finance Holding Company, a Delaware corporation. Novator Capital Sponsor Ltd., a Cyprus-based company, and Thor Björgólfsson, an individual with Icelandic citizenship, reported significant holdings in Better Home & Finance Holding. Novator Capital Sponsor Ltd. disclosed ownership of 961,962 shares, representing 11.3% of the company's Class A Common Stock, while Thor Björgólfsson reported beneficial ownership of 981,962 shares, accounting for 11.5% of the class. The shares reported include both direct holdings and those issuable upon the exercise of warrants, which are exercisable at $575.00 per share following a 50-for-1 reverse stock split in August 2024. The warrants are set to expire on August 22, 2028. The filing also detailed a Stock Purchase Agreement dated August 22, 2024, between NaMa Capital Limited, Unbound HoldCo Ltd, and Unbound Consolidator Limited, where NaMa, indirectly owned by The Future Holdings Trust, acquired 20,000 shares of Class A Common Stock from Unbound ConsolidatorCo Limited. Thor Björgólfsson, who may be deemed to have control over the securities owned by NaMa, disclaimed beneficial ownership of these securities.