1/0 Mortgage Investment LLC Amends Filing for Better Home & Finance

TL;DR

1/0 Mortgage Investment LLC updated their stake in Better Home & Finance Holding Co. on 4/15/24.

AI Summary

1/0 Mortgage Investment LLC has amended its Schedule 13D filing regarding Better Home & Finance Holding Company. The filing, dated April 15, 2024, indicates a change in beneficial ownership. The company's business address is 3 World Trade Center, New York, NY.

Why It Matters

This amendment to a Schedule 13D filing signals a potential shift in significant ownership or control of Better Home & Finance Holding Company, which could impact its stock price and strategic direction.

Risk Assessment

Risk Level: medium — Amendments to 13D filings often indicate changes in significant shareholder positions, which can lead to increased volatility.

Key Numbers

• 20240415 — Filing Date (Date of the Schedule 13D/A amendment)

Key Players & Entities

• 1/0 Mortgage Investment LLC (company) — Filer of the Schedule 13D/A
• Better Home & Finance Holding Co (company) — Subject company of the filing
• Aurora Acquisition Corp. (company) — Former company name of the issuer
• Aurora Capital Holding Corp. (company) — Former company name of the issuer

FAQ

Key Financial Figures

• $0.0001 — ssuer) Class A Common Stock, par value $0.0001 per share (Title of Class of Securiti

Filing Documents

• sc13da1.htm (SC 13D/A) — 55KB
• 0001341004-24-000069.txt ( ) — 57KB

From the Filing

SC 13D/A 1 sc13da1.htm SCHEDULE 13D, AMENDMENT NO. 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 1)* Better Home & Finance Holding Company (Name of Issuer) Class A Common Stock, par value $0.0001 per share (Title of Class of Securities) 08774B102 (CUSIP Number) 1/0 Mortgage Investment LLC 215 NW 24th Street, Suite 501 Miami, Florida 33127 (786) 348-2280 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) April 11, 2024 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). SCHEDULE 13D CUSIP No. 08774B102 Page 2 of 6 1. Names of Reporting Persons. 1/0 Mortgage Investment, LLC 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) 3. SEC Use Only 4. Source of Funds (See Instructions) OO 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) 6. Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each Reporting Person With 7. Sole Voting Power 0 8. Shared Voting Power 17,993,370 (1) 9. Sole Dispositive Power 0 10. Shared Dispositive Power 17,993,370 11. Aggregate Amount Beneficially Owned by Each Reporting Person 17,993,370 (1) 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) 13. Percent of Class Represented by Amount in Row (11) 4.6% (2) 14. Type of Reporting Person: OO (1) The beneficial ownership reported herein does not include 7,711,443 shares of Class A common stock (" Class A Common Stock ") of Better Home & Finance Holding Company (the " Issuer ") disposed of by 1/0 Mortgage Investment, LLC after April 9, 2024, over which certain of the Reporting Persons may be deemed to have voting power through the date of the Issuer's Annual Meeting of Stockholders on June 4, 2024. See Item 5. (2) This percentage was calculated based on 391,152,585 shares of Class A Common Stock outstanding as of March 13, 2024, based on information disclosed in the preliminary proxy statement on Form PRE 14A filed by the Issuer on April 9, 2024. SCHEDULE 13D CUSIP No. 08774B102 Page 3 of 6 1. Names of Reporting Persons. Better Portfolio Holdings 1 LLC 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) 3. SEC Use Only 4. Source of Funds (See Instructions) OO 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) 6. Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each Reporting Person With 7. Sole Voting Power 0 8. Shared Voting Power 27,141,628 9. Sole Dispositive Power 0 10. Shared Dispositive Power 27,141,628 11. Aggregate Amount Beneficially Owned by Each Reporting Person 27,141,628 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) 13. Percent of Class Represented by Amount in Row (11) 6.5% (1) 14. Type of Reporting Person: OO (1) This percentage was calculated based on: (a) 391,152,585 shares of Class A Common Stock outstanding as of March 13, 2024, based on information disclosed in the preliminary proxy statement on Form PRE 14A filed by the Issuer on April 9, 2024, and (b) 27,141,628 of shares of Class A Common Stock issuable upon conversion of the 27,141,628 shares of the Issuer's Class B common stock (" Class B Common Stock ") held directly by Better Portfolio Holdings 1 LLC. SCHEDULE 13D CUSIP No. 08774B102 Page 4 of 6 1. Names of Reporting Persons. Riaz Valani 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) 3. SEC Use Only 4. Source of Funds (See Instructions) OO 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) 6. Citizenship or Place of Organization United States Number of S

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