Better Home & Finance Holding Co. Announces 2024 Annual Meeting

TL;DR

<b>Better Home & Finance Holding Co. is holding its 2024 Annual Meeting of Stockholders virtually on June 4, 2024.</b>

AI Summary

Better Home & Finance Holding Co (BETRW) filed a Proxy Statement (DEF 14A) with the SEC on April 22, 2024. The 2024 Annual Meeting of Stockholders for Better Home & Finance Holding Company will be held virtually on June 4, 2024, at 12:00 p.m. ET. Stockholders can attend the virtual meeting online at www.virtualshareholdermeeting.com/BETR2024. The filing is a Definitive Proxy Statement (DEF 14A) filed on April 22, 2024. The company was formerly known as Aurora Acquisition Corp. and Aurora Capital Holding Corp. Voting instructions are detailed on page 39 of the Proxy Statement.

Why It Matters

For investors and stakeholders tracking Better Home & Finance Holding Co, this filing contains several important signals. This filing provides essential details for stockholders to participate in and vote at the upcoming annual meeting, influencing corporate governance decisions. The virtual format allows for broader participation from stockholders regardless of location, emphasizing accessibility for shareholder engagement.

Risk Assessment

Risk Level: — Better Home & Finance Holding Co shows moderate risk based on this filing. The filing is a routine proxy statement for an annual meeting and does not contain new financial performance data or significant strategic changes that would indicate high risk.

Analyst Insight

Stockholders should review the proxy statement to understand the proposals and vote accordingly to influence corporate governance.

Key Numbers

• June 4, 2024 — Annual Meeting Date (2024 Annual Meeting of Stockholders)
• 12:00 p.m. ET — Annual Meeting Time (2024 Annual Meeting of Stockholders)
• 0001628280-24-017132 — Accession Number (SEC Filing Identifier)
• 20231231 — Fiscal Year End (Reporting Period)

Key Players & Entities

• Better Home & Finance Holding Co. (company) — Registrant
• Harit Talwar (person) — Chairman of the Board of Directors
• Aurora Acquisition Corp. (company) — Former Company Name
• Aurora Capital Holding Corp. (company) — Former Company Name
• June 4, 2024 (date) — Date of Annual Meeting
• 2024 (date) — Year of Annual Meeting
• 20231231 (date) — Fiscal Year End
• 20240422 (date) — Filing Date

FAQ

Industry Context

Better Home & Finance Holding Co. operates in the loan brokerage industry, providing services related to mortgage lending and other financial products.

Regulatory Implications

The filing is made under Schedule 14A of the Securities Exchange Act of 1934, which governs the solicitation of proxies from shareholders.

What Investors Should Do

1. Review the proxy statement for proposals and voting matters.
2. Attend the virtual annual meeting on June 4, 2024.
3. Submit proxy votes according to instructions on page 39.

Key Dates

• 2024-06-04: 2024 Annual Meeting of Stockholders — Key date for shareholder participation and voting.
• 2024-04-22: Filing Date — Date the Definitive Proxy Statement was filed with the SEC.

Year-Over-Year Comparison

This filing is a Definitive Proxy Statement (DEF 14A) for the 2024 Annual Meeting, providing information on upcoming shareholder matters and corporate governance.

Key Financial Figures

• $0.0001 — of our Class A common stock, par value $0.0001 per share ("Class A Common Stock"), and
• $11.50 — A Common Stock at an exercise price of $11.50 per share (Warrants) began trading on t

Filing Documents

• definitiveproxystatement.htm (DEF 14A) — 669KB
• better_logoxgreenx1200pxa.jpg (GRAPHIC) — 44KB
• betterhomefinanceholding001.jpg (GRAPHIC) — 156KB
• betterhomefinanceholding002.jpg (GRAPHIC) — 120KB
• harittalwar_signature2002a.jpg (GRAPHIC) — 5KB
• paulatuffinsignatureimage0a.jpg (GRAPHIC) — 15KB
• 0001628280-24-017132.txt (&nbsp;) — 1139KB

Executive Compensation

Executive Compensation 25 Roles and Responsibilities of the Board and Committees 6 Named Executive Officers 25 Risk Oversight 8 Summary Compensation Table 25 Board Diversity 8 Narrative to Summary Compensation Table 26 Director Search 8 Outstanding Equity Awards at Fiscal Year-End 29 Corporate Governance Guidelines 9

Executive Compensation Arrangements

Executive Compensation Arrangements 29 Our Board Leadership 9 32 Limitations on Liability and Indemnification 9 Delinquent Section 16(a) Reports 34 Compensation Committee Interlocks and Insider Participation 10 Certain Relationships and Related Party Transactions 35 Policy on Trading, Pledging and Hedging of Company Stock 10 Stockholders Agreements of Pre-Business Combination Better Related to the Business Combination 35 Code of Business Conduct and Ethics 10 Director Compensation 11 Director and Executive Officer Borrowings of Pre-Business Combination Better 36 Chairman Agreement with Harit Talwar 11 2023 Director Compensation Table 11 Director and Officer Indemnification 36 Proposal 2 - Approval of One or More Amendments to Our Amended and Restated Certificate of Incorporation to Effect One or More Reverse Stock Splits 12 Other Related Party Transactions 37 38 General 12 Proxy Procedures and Information About the Annual Meeting 39 Purpose and Background of the Reverse Stock Split 12 Board Discretion to Implement the Reverse Stock Split 14 Stockholders Entitled to Vote at the Annual Meeting 39 Risks Associated with any Reverse Stock Split 14 Voting Procedures 39 Principal Effects of any Reverse Stock Split 15 Notice of Internet Availability of Proxy Materials 39 Effect on Outstanding Equity Incentive Plans, Warrants and the Convertible Note 17 Voting Options Quorum 40 Revocation of Proxies 41 Procedure for Effecting a Reverse Stock Split 17 Solicitation of Proxies 41 Beneficial Holders of Class A Common Stock 18 Additional Information 41 Fractional Shares 18 Other Business 41 Accounting Matters 18 Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting 41 No Dissenters' Rights of Appraisal 19 No Going Private Transaction 19 Stockholder Commun

Forward-Looking Statements

Forward-Looking Statements This Proxy Statement 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 Proxy Statement, 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 Proxy Statement. 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 Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2023 (the 2023 Annual Report), as well as the Company's most recent quarterly report on Form 10-Q. ii Bett

View Full Filing

View this DEF 14A filing on SEC EDGAR