0001628280-24-002391.txt : 20240126
0001628280-24-002391.hdr.sgml : 20240126
20240126212816
ACCESSION NUMBER: 0001628280-24-002391
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240119
FILED AS OF DATE: 20240126
DATE AS OF CHANGE: 20240126
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Garg Vishal
CENTRAL INDEX KEY: 0001297602
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40143
FILM NUMBER: 24569880
MAIL ADDRESS:
STREET 1: C/O MRU HOLDINGS, INC.
STREET 2: 1114 AVENUE OF THE AMERICAS
CITY: NEW YORK
STATE: NY
ZIP: 10036
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Better Home & Finance Holding Co
CENTRAL INDEX KEY: 0001835856
STANDARD INDUSTRIAL CLASSIFICATION: LOAN BROKERS [6163]
ORGANIZATION NAME: 02 Finance
IRS NUMBER: 933029990
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 3 WORLD TRADE CENTER
STREET 2: 175 GREENWICH STREET, 57TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10007
BUSINESS PHONE: 646-839-0086
MAIL ADDRESS:
STREET 1: 3 WORLD TRADE CENTER
STREET 2: 175 GREENWICH STREET, 57TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10007
FORMER COMPANY:
FORMER CONFORMED NAME: Aurora Acquisition Corp.
DATE OF NAME CHANGE: 20201211
FORMER COMPANY:
FORMER CONFORMED NAME: Aurora Capital Holding Corp.
DATE OF NAME CHANGE: 20201209
4
1
wk-form4_1706322485.xml
FORM 4
X0508
4
2024-01-19
0
0001835856
Better Home & Finance Holding Co
BETR
0001297602
Garg Vishal
C/O BETTER HOME & FINANCE HOLDING CO
3 WORLD TRADE CENTER, 175 GREENWICH ST
NEW YORK
NY
10007
1
1
1
0
Chief Executive Officer
0
Class B Common Stock
2024-01-19
4
G
0
23275863
0
D
Class A Common Stock
23275863
46692779
D
Class B Common Stock
Class A Common Stock
6522761
6522761
I
By 1/0 Real Estate, LLC
Class B Common Stock
Class A Common Stock
23275863
23275863
I
By The 718 4Ever Trust I
Each share of Class B Common Stock is convertible at any time at the option of the holder thereof into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock will convert automatically into one share of Class A Common Stock in connection with: (i) any transfer, whether or not for value, except for certain permitted transfers described in the Issuer's amended and restated certificate of incorporation, (ii) such time as the aggregate number of shares of Class B Common Stock outstanding ceases to represent 5% of the aggregate number of shares of Common Stock outstanding, (iii) the vote of 85% of the holders of Class B Common Stock outstanding; and (iv) following the date of the death or permanent disability of the founder of Better.
On January 19, 2024, the Reporting Person transferred 23,275,863 shares of Class B Common Stock to The 718 4Ever Trust I as a bona fide gift for no consideration. The Reporting Person is the investment adviser of the trust, and members of the Reporting Person's immediate family are the sole beneficiaries of the trust. Therefore, the Reporting Person may be deemed to have voting power and dispositive power over the shares held by the trust. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
The Reporting Person is the controlling member of 1/0 Holdco, LLC, which wholly owns 1/0 Real Estate, LLC. Therefore, the Reporting Person may be deemed to have voting power and dispositive power over the shares held by 1/0 Real Estate, LLC. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
/s/ Max Goodman, Attorney-in-Fact
2024-01-26