Weiss Asset Mgmt Amends Better Home & Finance Stake

TL;DR

**Weiss Asset Management updated their stake in Better Home & Finance, signaling a potential portfolio rebalance.**

AI Summary

Weiss Asset Management LP, a Boston-based investment firm, filed an amended SC 13G/A on January 26, 2024, indicating a change in their ownership of Better Home & Finance Holding Co. (formerly Aurora Acquisition Corp.) as of December 31, 2023. This filing updates their previous disclosures regarding their holdings in the Class A Common Stock, par value $0.0001 per share, of the loan broker company. This matters to investors because it signals a potential shift in a significant institutional investor's position, which could influence market sentiment or indicate a re-evaluation of the stock's prospects.

Why It Matters

Changes in institutional ownership can signal a shift in confidence in a company's future, potentially influencing other investors' decisions and the stock price.

Risk Assessment

Risk Level: low — This filing is a routine update on institutional ownership and does not inherently indicate a high level of risk or opportunity.

Analyst Insight

An investor should monitor subsequent filings from Weiss Asset Management LP to understand if their position in Better Home & Finance Holding Co. is increasing or decreasing, which could signal their evolving outlook on the company.

Key Players & Entities

• Weiss Asset Management LP (company) — the entity filing the SC 13G/A
• Better Home & Finance Holding Co. (company) — the subject company whose shares are being reported
• Aurora Acquisition Corp. (company) — the former name of Better Home & Finance Holding Co.
• December 31, 2023 (date) — the date of the event requiring the filing
• January 26, 2024 (date) — the filing date of the SC 13G/A
• $0.0001 (dollar_amount) — par value per share of Class A Common Stock

Forward-Looking Statements

• Weiss Asset Management LP will continue to be a significant institutional holder in Better Home & Finance Holding Co. for the foreseeable future. (Weiss Asset Management LP) — medium confidence, target: December 31, 2024

FAQ

Key Financial Figures

• $0.0001 — suer) Class A Common Stock, par value $0.0001 per share ----------------------------

Filing Documents

• betr13ga31dec2023.htm (SC 13G/A) — 108KB
• 0001357550-24-000005.txt ( ) — 110KB

IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B), OR 13D-2(B), CHECK

ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B), OR 13D-2(B), CHECK WHETHER THE PERSON FILING IS A: (a) [ ] Broker or Dealer registered under Section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance Company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment Company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) [ ] Investment Adviser registered under section 203 of the Investment Advisers Act or under the laws of any State (f) [ ] Employee Benefit Plan, Pension fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see Section 240.13d-1(b)(1)(ii)(F) (g) [ ] A Parent Holding Company or control person, in accordance with Section 240.13d-1(b)(ii)(G) (h) [ ] A Savings Association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813) (i) [ ] A Church Plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3) (j) [ ] Group, in accordance with Section 240.13d-1(b)(1)(ii)(J) CUSIP NO. 08774B102 SCHEDULE 13G/A PAGE 7 OF 10 PAGES

OWNERSHIP

ITEM 4. OWNERSHIP BIP GP* (a) Amount Beneficially Owned: 0 ------------------------------------------- (b) Percent of Class: 0.00%% ---------------------------------------------------- (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 0 ----------------------- (ii) shared power to vote or to direct the vote: 0 --------------------- (iii) sole power to dispose or to direct the disposition of: 0 ---------- (iv) shared power to dispose or to direct the disposition of: 0 ---------- WEISS ASSET MANAGEMENT* (a) Amount Beneficially Owned: 0 ------------------------------------------- (b) Percent of Class: 0.00% ---------------------------------------------------- (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 0 ----------------------- (ii) shared power to vote or to direct the vote: 0 --------------------- (iii) sole power to dispose or to direct the disposition of: 0 ---------- (iv) shared power to dispose or to direct the disposition of: 0 ---------- WAM GP* (a) Amount Beneficially Owned: 0 ------------------------------------------- (b) Percent of Class: 0.00% ---------------------------------------------------- (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 0 ----------------------- (ii) shared power to vote or to direct the vote: 0 --------------------- (iii) sole power to dispose or to direct the disposition of: 0 ---------- (iv) shared power to dispose or to direct the disposition of: 0 ---------- ANDREW M. WEISS, PH.D.* (a) Amount Beneficially Owned: 0 ------------------------------------------- (b) Percent of Class: 0.00% ---------------------------------------------------- (c) Number of shares as to which such person has: CUSIP NO. 08774B102 SCHEDULE 13G/A PAGE 8 OF 10 PAGES (i) sole power to vote or to direct the vote: 0 ------------------------

OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [X].

OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON

ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON Brookdale International Partners, L.P., a US limited partnership, for which Weiss Asset Management serves as investment manager, has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, more than five percent of the Class A ordinary shares, par value $0.0001 per share of the Issuer.

IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE

ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON See Item 4.

IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP

ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP Not Applicable

NOTICE OF DISSOLUTION OF GROUP

ITEM 9. NOTICE OF DISSOLUTION OF GROUP Not Applicable CUSIP NO. 08774B102 SCHEDULE 13G/A PAGE 9 OF 10 PAGES

CERTIFICATION

ITEM 10. CERTIFICATION By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

MATERIALS TO BE FILED AS EXHIBITS

ITEM 11. MATERIALS TO BE FILED AS EXHIBITS Exhibit 1 Joint Filing Agreement SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I hereby certify that the information set forth in this statement is true, complete and correct. Dated: January 26, 2024 WEISS ASSET MANAGEMENT LP By: /s/ Mary Ferruolo ----------------------------------- Mary Ferruolo, Authorized Signatory BIP GP LLC By: /s/ Mary Ferruolo ----------------------------------- Mary Ferruolo, Authorized Signatory WAM GP LLC By: /s/ Mary Ferruolo ----------------------------------- Mary Ferruolo, Authorized Signatory ANDREW M. WEISS, PH.D. By: /s/ Mary Ferruolo ----------------------------------- Mary Ferruolo, Attorney-in-Fact for Andrew Weiss** _____ ** Duly authorized under Power of Attorney incorporated herein by reference to the exhibit to the Form 13G/A filed by Weiss Asset Management LP on February 3, 2023 in respect of its holding in DEEP MEDICINE ACQUISITION CORP. CUSIP NO. 08774B102 SCHEDULE 13G/A PAGE 10 OF 10 PAGES Exhibit 1 JOINT FILING AGREEMENT In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, Weiss Asset Management LP, BIP GP LLC, WAM GP LLC, and Andrew M. Weiss, hereby agree to the joint filing on behalf of each of them of a statement on Schedule 13G and/or 13D (including any and all amendments thereto) with respect to the Class A ordinary shares, par value $0.0001 per share of AURORA ACQUISITION CORP. , and further agree that this Joint Filing Agreement, as may be amended from time to time, shall be included as an Exhibit to such joint filings. The undersigned further agree that each party hereto is responsible for the timely filing of such Statement on Schedule 13G and/or 13D and any amendments thereto, and for the accuracy and completeness of the information concerning such party contained therein; provided, however, that no party is responsible for the accuracy or completeness of the in

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View this SC 13G/A filing on SEC EDGAR