Activant Capital Management Amends Stake in Better Home & Finance
Ticker: BETRW · Form: SC 13D/A · Filed: Oct 2, 2024 · CIK: 1835856
| Field | Detail |
|---|---|
| Company | Better Home & Finance Holding CO (BETRW) |
| Form Type | SC 13D/A |
| Filed Date | Oct 2, 2024 |
| Risk Level | medium |
| Pages | 14 |
| Reading Time | 16 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: ownership-change, sec-filing, amendment
TL;DR
Activant Capital just updated their stake in Better Home & Finance (BHNF) - watch this space.
AI Summary
Activant Capital Management, LLC and its affiliates have filed an amended SC 13D, indicating a change in their beneficial ownership of Better Home & Finance Holding Co. as of October 2, 2024. The filing details the group members involved in this ownership, including various Activant Ventures funds and Steven Sarracino. The company, formerly Aurora Acquisition Corp., operates in the loan brokerage sector.
Why It Matters
This filing signals a potential shift in control or influence over Better Home & Finance Holding Co., which could impact its strategic direction and stock performance.
Risk Assessment
Risk Level: medium — Changes in beneficial ownership filings can precede significant corporate actions or market movements, introducing uncertainty.
Key Players & Entities
- Activant Capital Management, LLC (company) — Filing entity
- Better Home & Finance Holding Co (company) — Subject company
- Steven Sarracino (person) — Group member
- Aurora Acquisition Corp. (company) — Former company name
- Activant Ventures III Opportunities Fund 1, L.P. (company) — Group member
FAQ
What is the specific percentage of beneficial ownership reported by Activant Capital Management, LLC and its affiliates?
The provided filing excerpt does not specify the exact percentage of beneficial ownership, only that an amendment to the SC 13D has been filed.
When was the last reported change in beneficial ownership for Better Home & Finance Holding Co. by Activant Capital Management?
The 'DATE AS OF CHANGE' is listed as 20241002, indicating the change occurred on or before October 2, 2024.
What is the primary business of Better Home & Finance Holding Co.?
Better Home & Finance Holding Co. is classified under Standard Industrial Classification code 6163, which corresponds to 'LOAN BROKERS'.
What were the previous names of Better Home & Finance Holding Co.?
The company was formerly known as Aurora Acquisition Corp. (name change on 20201211) and Aurora Capital Holding Corp. (name change on 20201209).
Where is the principal business address for Activant Ventures Advisors III, LLC?
The principal business address for Activant Ventures Advisors III, LLC is 323 Railroad Avenue, 2nd Floor, Greenwich, CT 06830.
Filing Stats: 4,064 words · 16 min read · ~14 pages · Grade level 11.5 · Accepted 2024-10-02 21:32:58
Key Financial Figures
- $0.0001 — ares of Class A common stock, par value $0.0001 per share (the Class A Common Stock ),
Filing Documents
- d884473dsc13da.htm (SC 13D/A) — 173KB
- 0001193125-24-231414.txt ( ) — 176KB
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this Dated: October 2, 2024 By: /s/ Steven Sarracino Name: Steven Sarracino ACTIVANT VENTURES III OPPORTUNITIES FUND 1, L.P. By: Activant Ventures Advisors III, LLC, its General Partner By: /s/ Steven Sarracino Name: Steven Sarracino Title: Member ACTIVANT VENTURES III OPPORTUNITIES FUND 2, L.P. By: Activant Ventures Advisors III, LLC, its General Partner By: /s/ Steven Sarracino Name: Steven Sarracino Title: Member ACTIVANT VENTURES III OPPORTUNITIES FUND 3, L.P. By: Activant Ventures Advisors III, LLC, its General Partner By: /s/ Steven Sarracino Name: Steven Sarracino Title: Member ACTIVANT VENTURES III OPPORTUNITIES FUND 4, L.P. By: Activant Ventures Advisors III, LLC, its General Partner By: /s/ Steven Sarracino Name: Steven Sarracino Title: Member ACTIVANT VENTURES III OPPORTUNITIES FUND 6, L.P. By: Activant Ventures Advisors III, LLC, its General Partner By: /s/ Steven Sarracino Name: Steven Sarracino Title: Member ACTIVANT VENTURES III, L.P. By: Activant Ventures Advisors III, LLC, Its General Partner By: /s/ Steven Sarracino Name: Steven Sarracino Title: Member ACTIVANT VENTURES ADVISORS III, LLC By: /s/ Steven Sarracino Name: Steven Sarracino Title: Sole Manager and Member ACTIVANT CAPITAL MANAGEMENT, LLC By: /s/ Steven Sarracino Name: Steven Sarracino Title: Sole Manager and Member ACTIVANT HOLDINGS I, LTD. By: Activant Ventures III Opportunities Fund 2, L.P. By: Activant Ventures Advisors III, LLC, its General Partner By: /s/ Steven Sarracino Name: Steven Sarracino Title: Member By: Activant Venture III, L.P. By: Activant Ventures Advisors III, LLC, its General Partner By: /s/ Steven Sarracino Name: Steven Sarracino Tit