Better Home & Finance Confirms Nasdaq Listing for Stock, Warrants
Ticker: BETRW · Form: 8-K · Filed: Feb 5, 2024 · CIK: 1835856
| Field | Detail |
|---|---|
| Company | Better Home & Finance Holding CO (BETRW) |
| Form Type | 8-K |
| Filed Date | Feb 5, 2024 |
| Risk Level | low |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $0.0001, $11.50 B |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: listing, corporate-governance, exchange-listing
TL;DR
**BETR's stock and warrants are officially listed and trading on Nasdaq as of Feb 1, 2024.**
AI Summary
Better Home & Finance Holding Company (BETR) filed an 8-K on February 5, 2024, to report that as of February 1, 2024, its Class A common stock and warrants are registered on The Nasdaq Stock Market LLC. The Class A common stock trades under the symbol BETR, and the warrants, exercisable at $11.50 per share, trade under BETRW. This matters to investors because it confirms the company's continued listing and trading on a major exchange, providing liquidity and visibility for their investment.
Why It Matters
This filing confirms the company's securities are actively traded on Nasdaq, which is crucial for investor confidence, liquidity, and the ability to buy or sell shares and warrants easily.
Risk Assessment
Risk Level: low — This filing is a routine disclosure confirming existing trading arrangements and does not introduce new financial or operational risks.
Analyst Insight
This filing is a standard procedural update. Smart investors would note the confirmed listing details but recognize it doesn't provide new fundamental insights into the company's performance or future prospects. It simply confirms the operational status of their publicly traded securities.
Key Numbers
- $0.0001 — Par Value per Share (The nominal value of each Class A common stock share.)
- $11.50 — Warrant Exercise Price (The price at which warrants can be converted into Class A common stock.)
Key Players & Entities
- Better Home & Finance Holding Company (company) — registrant
- The Nasdaq Stock Market LLC (company) — exchange where securities are registered
- $0.0001 (dollar_amount) — par value per share of Class A common stock
- $11.50 (dollar_amount) — exercise price of warrants
Forward-Looking Statements
- BETR will maintain its listing on Nasdaq. (Better Home & Finance Holding Company) — high confidence, target: 2025-02-01
FAQ
What is the exact name of the registrant as specified in its charter?
The exact name of the registrant is Better Home & Finance Holding Company.
What is the trading symbol for Better Home & Finance Holding Company's Class A common stock on Nasdaq?
The trading symbol for the Class A common stock is BETR.
What is the exercise price for the warrants mentioned in the filing?
The warrants are exercisable for one share of Class A common stock at an exercise price of $11.50.
On which exchange are Better Home & Finance Holding Company's securities registered?
The securities are registered on The Nasdaq Stock Market LLC.
What was the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported was February 1, 2024.
Filing Stats: 1,411 words · 6 min read · ~5 pages · Grade level 14.1 · Accepted 2024-02-05 16:25:39
Key Financial Figures
- $0.0001 — stered Class A common stock, par value $0.0001 per share BETR The Nasdaq Stock Market
- $11.50 B — A common stock at an exercise price of $11.50 BETRW The Nasdaq Stock Market LLC Indic
Filing Documents
- betr-20240201.htm (8-K) — 38KB
- betterannualmeetingpressre.htm (EX-99.1) — 6KB
- 0001628280-24-003319.txt ( ) — 220KB
- betr-20240201.xsd (EX-101.SCH) — 2KB
- betr-20240201_def.xml (EX-101.DEF) — 16KB
- betr-20240201_lab.xml (EX-101.LAB) — 31KB
- betr-20240201_pre.xml (EX-101.PRE) — 17KB
- betr-20240201_htm.xml (XML) — 4KB
01 Other Events
Item 8.01 Other Events. On February 1, 2024, the Board of Directors of Better Home & Finance Holding Company (the " Company ") established June 4, 2024, as the date of the Company's 2024 annual meeting of stockholders (the " 2024 Annual Meeting "). The time and location of the 2024 Annual Meeting will be specified in the Company's proxy statement for the 2024 Annual Meeting. The Board has fixed the close of business on April 8, 2024, as the record date for determining stockholders of the Company who are entitled to vote at the 2024 Annual Meeting, including any adjournments or postponements thereof. The Company previously reported in its quarterly report on Form 10-Q for the quarterly period ended September 30, 2023, filed with the Securities and Exchange Commission (the " SEC ") on November 14, 2023, that the Company anticipated holding the 2024 Annual Meeting on May 16, 2024. A copy of the press release announcing the new date of the 2024 Annual Meeting is filed as Exhibit 99.1 to this current report on Form 8-K and is incorporated by reference in its entirety. As a result of the change in the scheduled date of the 2024 Annual Meeting, the previously disclosed deadlines for submission of stockholder proposals and director nominations have been updated as follows: On August 11, 2023, the Company held an extraordinary general meeting of stockholders in lieu of its 2023 annual meeting (the " 2023 Meeting "). Since the newly scheduled date of the 2024 Annual Meeting differs by more than thirty calendar days from the anniversary date of the 2023 Meeting, the Company is providing the following disclosure in accordance with Rule 14a-5(f) under the Securities and Exchange Act of 1934, as amended (the " Exchange Act "). Rule 14a-8 Deadline for the Submission of Stockholder Proposals As noted above, the 2024 Annual Meeting date will represent a change of more than thirty calendar days from the anniversary date of the 2023 Meeting. As a result, pursuant to Rule
Forward-Looking Statements
Forward-Looking Statements This Report and the information and documents incorporated by reference herein include "forward-looking statements." These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements include, without limitation, statements regarding predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this Report, the words "could," "should," "will," "may," "believe," "anticipate," "intend," "estimate," "expect," "project," the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Such forward-looking statements are based on management's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this Report. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those factors described in the Registration Statement on Form S-1 filed with the SEC by the Company on December 20, 2023, as well as the Company's most recent quarterly report on Form 10-Q and current reports on Form 8-K.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits: Exhibit Description 99.1 Press Release, dated February 5, 2024 104 Cover Page Interactive Data File (formatted as Inline XBRL) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BETTER HOME & FINANCE HOLDING COMPANY Date: February 5, 2024 By: /s/ Kevin Ryan Name: Kevin Ryan Title: Chief Financial Officer and President