Novator Capital Sponsor Ltd. Amends 13D Filing for Better Home & Finance

TL;DR

Novator Capital Sponsor Ltd. updated their stake in Better Home & Finance Holding Co. (BHFC) - check the filing for details.

AI Summary

Novator Capital Sponsor Ltd. filed an amendment (No. 2) to its Schedule 13D on October 25, 2024, regarding its holdings in Better Home & Finance Holding Co. The filing indicates a change in the beneficial ownership of Class A Common Stock. Thor Bjorgolfsson is identified as a member of the group filing.

Why It Matters

This amendment signals a potential shift in control or strategy for Better Home & Finance Holding Co., as a significant stakeholder has updated their filing.

Risk Assessment

Risk Level: medium — Schedule 13D filings often indicate significant ownership changes or intentions, which can impact stock price and corporate control.

Key Players & Entities

• Novator Capital Sponsor Ltd. (company) — Filing entity
• Better Home & Finance Holding Co (company) — Subject company
• Thor Bjorgolfsson (person) — Group member
• Class A Common Stock (security) — Securities subject to filing

FAQ

Key Financial Figures

• $0.0001 — ares of Class A common stock, par value $0.0001 per share (the “ Class A Common S
• $575.00 — e of Class A Common Stock at a price of $575.00 per share, subject to adjustment. The W

Filing Documents

• tm2426815d1_sc13da.htm (SC 13D/A) — 45KB
• tm2426815d1_ex10-1.htm (EX-10.1) — 132KB
• 0001104659-24-111463.txt ( ) — 179KB

Source and Amount of Funds or Other

Item 3. Source and Amount of Funds or Other Consideration

of the Original Schedule 13D is hereby

Item 3 of the Original Schedule 13D is hereby amended and supplemented as follows: The information set forth in Item 4 hereof is hereby incorporated by reference into this Item 3, as applicable. The consideration for the shared purchased by NaMa Capital Limited, a company incorporated in Guernsey (“ NaMa ”), pursuant to the Unbound SPA (as defined in Item 4 below), was satisfied by the by the redemption of all of the equity securities held by NaMa in Unbound ConsolidatorCo Limited, and the release of certain funding obligations owed by NaMa’s to Unbound ConsolidatorCo Limited.

Purpose of Transaction

Item 4. Purpose of Transaction

of the Schedule 13D is hereby amended and supplemented to

Item 4 of the Schedule 13D is hereby amended and supplemented to include the following: Unbound Stock Purchase Agreement On August 22, 2024, NaMa entered into a Stock Purchase Agreement by and between NaMa, Unbound HoldCo Ltd and Unbound Consolidator Limited (the “ Unbound SPA ”). Pursuant to the SPA, NaMa purchased 20,000 (after giving effect to the 50-for-1 reverse stock split effected by the Issuer in August 2024) shares of Class A Common Stock from Unbound ConsolidatorCo Limited. In consideration for the shares purchased by NaMa, NaMa agreed to redeem all participating shares held by NaMa in Unbound ConsolidatorCo Limited. NaMa Capital Limited (“ NaMa ”) is 99.9% indirectly owned by the irrevocable discretionary trust known as The Future Holdings Trust, for which BB Trustees SA acts as trustee. Thor Björgólfsson may be deemed to have dispositive and voting control over securities directly beneficially owned by NaMa. Mr. Björgólfsson disclaims beneficial ownership of those securities.

Interest in Securities of the Issuer

Item 5. Interest in Securities of the Issuer. The response set forth in Item 5 of the Original Schedule 13D is hereby amended by deleting the previous response in its entirety and replacing it with the following: (a) – (b) The information contained in rows 7, 8, 9, 10, 11, and 13 on each of the cover pages of this Schedule 13D is incorporated by reference in its entirety into this Item 5. (c) Except for the transaction described in Item 4 of this Schedule 13D, the Reporting Persons have not engaged in any transaction during the past 60 days involving ordinary shares of the Issuer. (d) None. (e) Not applicable.

Material to be Filed as Exhibit

Item 7. Material to be Filed as Exhibit

of the Schedule 13D is hereby amended

Item 7 of the Schedule 13D is hereby amended and supplemented as follows: Exhibit No. Description 10* Stock Purchase Agreement, dated August 22, 2024 by and between NaMa Capital Limited, Unbound HoldCo Ltd and Unbound Consolidator Limited * Filed herewith.

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: October 25, 2024 Novator Capital Sponsor Ltd. By: /s/ Pericles Spyrou Name: Pericles Spyrou Title: Director /s/ Thor Björgólfsson Thor Björgólfsson

View Full Filing

View this SC 13D/A filing on SEC EDGAR