1/0 Mortgage Investment LLC Amends 13D Filing for Better Home & Finance
Ticker: BETRW · Form: SC 13D/A · Filed: Jun 4, 2024 · CIK: 1835856
| Field | Detail |
|---|---|
| Company | Better Home & Finance Holding CO (BETRW) |
| Form Type | SC 13D/A |
| Filed Date | Jun 4, 2024 |
| Risk Level | medium |
| Pages | 7 |
| Reading Time | 9 min |
| Key Dollar Amounts | $0.0001, $0.3322, $0.3669, $0.3361, $0.3425 |
| Sentiment | neutral |
Sentiment: neutral
Topics: sec-filing, 13d-amendment, ownership-change
TL;DR
1/0 Mortgage Investment LLC updated their stake in Better Home & Finance. Watch for more details.
AI Summary
1/0 Mortgage Investment LLC filed an amendment (Amendment No. 2) to its Schedule 13D on June 4, 2024, regarding its holdings in Better Home & Finance Holding Company. The filing indicates a change in beneficial ownership, though specific new percentages or dollar amounts are not detailed in this excerpt. The company was formerly known as Aurora Acquisition Corp. and Aurora Capital Holding Corp.
Why It Matters
This amendment signals a potential shift in control or strategy for Better Home & Finance Holding Company, as a significant stakeholder has updated their disclosure with the SEC.
Risk Assessment
Risk Level: medium — Amendments to Schedule 13D filings often indicate changes in significant ownership stakes, which can lead to volatility and strategic shifts for the company.
Key Players & Entities
- 1/0 Mortgage Investment LLC (company) — Filing entity
- Better Home & Finance Holding Company (company) — Subject company
- Aurora Acquisition Corp. (company) — Former company name
- Aurora Capital Holding Corp. (company) — Former company name
FAQ
What specific changes in beneficial ownership are detailed in Amendment No. 2?
The provided excerpt does not specify the exact percentage or number of shares that constitute the change in beneficial ownership for 1/0 Mortgage Investment LLC.
When was this amendment filed with the SEC?
This amendment (Amendment No. 2) was filed on June 4, 2024.
What is the CUSIP number for Better Home & Finance Holding Company's Class A Common Stock?
The CUSIP number for Better Home & Finance Holding Company's Class A Common Stock is 08774B102.
What were the previous names of Better Home & Finance Holding Company?
Better Home & Finance Holding Company was formerly known as Aurora Acquisition Corp. and Aurora Capital Holding Corp.
Where is the principal business address for 1/0 Mortgage Investment LLC?
The principal business address for 1/0 Mortgage Investment LLC is 60 East 42nd Street, Suite 3014, New York, NY 10165.
Filing Stats: 2,234 words · 9 min read · ~7 pages · Grade level 8.9 · Accepted 2024-06-04 16:30:15
Key Financial Figures
- $0.0001 — ssuer) Class A Common Stock, par value $0.0001 per share (Title of Class of Securiti
- $0.3322 — Name of Entity 05/24/2024 100,000 $0.3322 1/0 Mortgage Investment, LLC 05/24/20
- $0.3669 — ge Investment, LLC 05/24/2024 50,000 $0.3669 1/0 Mortgage Investment, LLC 05/24/20
- $0.3361 — e Investment, LLC 05/24/2024 157,139 $0.3361 1/0 Mortgage Investment, LLC 05/28/20
- $0.3425 — ge Investment, LLC 05/28/2024 50,000 $0.3425 1/0 Mortgage Investment, LLC 05/28/20
- $0.3417 — e Investment, LLC 05/28/2024 100,000 $0.3417 1/0 Mortgage Investment, LLC 05/28/20
- $0.3442 — e Investment, LLC 05/28/2024 234,456 $0.3442 1/0 Mortgage Investment, LLC 05/29/20
- $0.3307 — e Investment, LLC 05/29/2024 100,000 $0.3307 1/0 Mortgage Investment, LLC 05/29/20
- $0.3456 — ge Investment, LLC 05/29/2024 50,000 $0.3456 1/0 Mortgage Investment, LLC 05/30/20
- $0.3416 — e Investment, LLC 05/30/2024 303,339 $0.3416 1/0 Mortgage Investment, LLC 05/30/20
- $0.3448 — e Investment, LLC 05/30/2024 100,000 $0.3448 1/0 Mortgage Investment, LLC 05/30/20
- $0.3478 — e Investment, LLC 05/30/2024 100,000 $0.3478 1/0 Mortgage Investment, LLC 05/30/20
- $0.3453 — e Investment, LLC 05/30/2024 350,000 $0.3453 1/0 Mortgage Investment, LLC 05/31/20
- $0.3304 — e Investment, LLC 05/31/2024 100,000 $0.3304 1/0 Mortgage Investment, LLC 05/31/20
- $0.3324 — e Investment, LLC 05/31/2024 100,000 $0.3324 1/0 Mortgage Investment, LLC 05/31/20
Filing Documents
- sc13da2.htm (SC 13D/A) — 89KB
- 0001341004-24-000112.txt ( ) — 91KB
(e) of the Schedule 13D is hereby amended and restated as follows
Item 5(e) of the Schedule 13D is hereby amended and restated as follows: As of March 21, 2024, Better Portfolio Holdings 1 LLC ceased to be the beneficial owner of more than five percent of the outstanding shares of Class A Common Stock. As of April 11, 2024, 1/0 Mortgage Investment, LLC ceased to be the beneficial owner of more than five percent of the outstanding shares of Class A Common Stock. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: June 3, 2024 1/0 MORTGAGE INVESTMENT, LLC By: /s/ Riaz Valani Name: Riaz Valani Title: Authorized Person BETTER PORTFOLIO HOLDINGS 1 LLC By: /s/ Riaz Valani Name: Riaz Valani Title: Authorized Person RIAZ VALANI By: /s/ Riaz Valani SCHEDULE A Transactions in Class A Common Stock Since the Filing of Amendment No. 1 to the Schedule 13D on April 15, 2024 through June 2, 2024 Trade Date Class A Common Stock Sold Weighted Average Price Per Share Name of Entity 05/24/2024 100,000 $0.3322 1/0 Mortgage Investment, LLC 05/24/2024 50,000 $0.3669 1/0 Mortgage Investment, LLC 05/24/2024 157,139 $0.3361 1/0 Mortgage Investment, LLC 05/28/2024 50,000 $0.3425 1/0 Mortgage Investment, LLC 05/28/2024 100,000 $0.3417 1/0 Mortgage Investment, LLC 05/28/2024 234,456 $0.3442 1/0 Mortgage Investment, LLC 05/29/2024 100,000 $0.3307 1/0 Mortgage Investment, LLC 05/29/2024 301,697 $0.3417 1/0 Mortgage Investment, LLC 05/29/2024 50,000 $0.3456 1/0 Mortgage Investment, LLC 05/30/2024 303,339 $0.3416 1/0 Mortgage Investment, LLC 05/30/2024 100,000 $0.3448 1/0 Mortgage Investment, LLC 05/30/2024 100,000 $0.3478 1/0 Mortgage Investment, LLC 05/30/2024 350,000 $0.3453 1/0 Mortgage Investment, LLC 05/31/2024 100,000 $0.3304 1/0 Mortgage Investment, LLC 05/31/2024 100,000 $0.3324 1/0 Mortgage Investment, LLC 05/31/2024 520,422 $0.3352 1/0