0000899243-23-018684.txt : 20230908
0000899243-23-018684.hdr.sgml : 20230908
20230908214252
ACCESSION NUMBER: 0000899243-23-018684
CONFORMED SUBMISSION TYPE: 4/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230822
FILED AS OF DATE: 20230908
DATE AS OF CHANGE: 20230908
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sarracino Steven
CENTRAL INDEX KEY: 0001624037
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40143
FILM NUMBER: 231246537
MAIL ADDRESS:
STREET 1: 401 CONGRESS AVE., SUITE 1850
CITY: AUSTIN
STATE: TX
ZIP: 78701
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Activant Ventures III, LP
CENTRAL INDEX KEY: 0001760228
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40143
FILM NUMBER: 231246536
BUSINESS ADDRESS:
STREET 1: 323 RAILROAD AVENUE, 2ND FLOOR
CITY: GREENWICH
STATE: CT
ZIP: 06830
BUSINESS PHONE: 203-489-9080
MAIL ADDRESS:
STREET 1: 323 RAILROAD AVENUE, 2ND FLOOR
CITY: GREENWICH
STATE: CT
ZIP: 06830
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Activant Ventures III Opportunities Fund 1, LP
CENTRAL INDEX KEY: 0001779961
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40143
FILM NUMBER: 231246535
BUSINESS ADDRESS:
STREET 1: 323 RAILROAD AVENUE, 2ND FLOOR
CITY: GREENWICH
STATE: CT
ZIP: 06830
BUSINESS PHONE: 203-489-9080
MAIL ADDRESS:
STREET 1: 323 RAILROAD AVENUE, 2ND FLOOR
CITY: GREENWICH
STATE: CT
ZIP: 06830
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Activant Ventures III Opportunities Fund 2, LP
CENTRAL INDEX KEY: 0001796950
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40143
FILM NUMBER: 231246534
BUSINESS ADDRESS:
STREET 1: 323 RAILROAD AVENUE, 2ND FLOOR
CITY: GREENWICH
STATE: CT
ZIP: 06830
BUSINESS PHONE: 203-489-9080
MAIL ADDRESS:
STREET 1: 323 RAILROAD AVENUE, 2ND FLOOR
CITY: GREENWICH
STATE: CT
ZIP: 06830
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Activant Ventures III Opportunities Fund 3, LP
CENTRAL INDEX KEY: 0001801580
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40143
FILM NUMBER: 231246533
BUSINESS ADDRESS:
STREET 1: 323 RAILROAD AVE., 2ND FLOOR
CITY: GREENWICH
STATE: CT
ZIP: 06830
BUSINESS PHONE: 203-489-9080
MAIL ADDRESS:
STREET 1: 323 RAILROAD AVE., 2ND FLOOR
CITY: GREENWICH
STATE: CT
ZIP: 06830
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Activant Ventures Advisors III, LLC
CENTRAL INDEX KEY: 0001992147
STATE OF INCORPORATION: DE
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40143
FILM NUMBER: 231246530
BUSINESS ADDRESS:
STREET 1: 323 RAILROAD AVENUE, 2ND FLOOR
CITY: GREENWICH
STATE: CT
ZIP: 06830
BUSINESS PHONE: 203-489-9080
MAIL ADDRESS:
STREET 1: 323 RAILROAD AVENUE, 2ND FLOOR
CITY: GREENWICH
STATE: CT
ZIP: 06830
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Activant Ventures III Opportunities Fund 6, LP
CENTRAL INDEX KEY: 0001823414
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40143
FILM NUMBER: 231246531
BUSINESS ADDRESS:
STREET 1: 323 RAILROAD AVENUE
STREET 2: 2ND FLOOR
CITY: GREENWICH
STATE: CT
ZIP: 06830
BUSINESS PHONE: (203) 489-9080
MAIL ADDRESS:
STREET 1: 323 RAILROAD AVENUE
STREET 2: 2ND FLOOR
CITY: GREENWICH
STATE: CT
ZIP: 06830
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Activant Ventures III Opportunities Fund 4, LP
CENTRAL INDEX KEY: 0001808595
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40143
FILM NUMBER: 231246532
BUSINESS ADDRESS:
STREET 1: 323 RAILROAD AVENUE
STREET 2: 2ND FLOOR
CITY: GREENWICH
STATE: CT
ZIP: 06830
BUSINESS PHONE: (203) 489-9080
MAIL ADDRESS:
STREET 1: 323 RAILROAD AVENUE
STREET 2: 2ND FLOOR
CITY: GREENWICH
STATE: CT
ZIP: 06830
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Activant Holdings I, LTD
CENTRAL INDEX KEY: 0001991432
STATE OF INCORPORATION: E9
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40143
FILM NUMBER: 231246528
BUSINESS ADDRESS:
STREET 1: 323 RAILROAD AVENUE, 2ND FLOOR
CITY: GREENWICH
STATE: CT
ZIP: 06830
BUSINESS PHONE: 203-489-9080
MAIL ADDRESS:
STREET 1: 323 RAILROAD AVENUE, 2ND FLOOR
CITY: GREENWICH
STATE: CT
ZIP: 06830
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Activant Capital Management, LLC
CENTRAL INDEX KEY: 0001992093
STATE OF INCORPORATION: DE
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40143
FILM NUMBER: 231246529
BUSINESS ADDRESS:
STREET 1: 323 RAILROAD AVENUE, 2ND FLOOR
CITY: GREENWICH
STATE: CT
ZIP: 06830
BUSINESS PHONE: 203-489-9080
MAIL ADDRESS:
STREET 1: 323 RAILROAD AVENUE, 2ND FLOOR
CITY: GREENWICH
STATE: CT
ZIP: 06830
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Better Home & Finance Holding Co
CENTRAL INDEX KEY: 0001835856
STANDARD INDUSTRIAL CLASSIFICATION: LOAN BROKERS [6163]
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/A
1
doc4a.xml
FORM 4/A SUBMISSION
X0508
4/A
2023-08-22
2023-08-24
0
0001835856
Better Home & Finance Holding Co
BETR
0001624037
Sarracino Steven
C/O BETTER HOME & FINANCE HOLDING CO
3 WORLD TRADE CENTER, 175 GREENWICH ST
NEW YORK
NY
10007
1
0
1
0
0001760228
Activant Ventures III, LP
323 RAILROAD AVENUE
GREENWICH
CT
06830
1
0
1
0
0001779961
Activant Ventures III Opportunities Fund 1, LP
323 RAILROAD AVENUE
GREENWICH
CT
06830
1
0
1
0
0001796950
Activant Ventures III Opportunities Fund 2, LP
323 RAILROAD AVENUE
GREENWICH
CT
06830
1
0
1
0
0001801580
Activant Ventures III Opportunities Fund 3, LP
323 RAILROAD AVENUE
GREENWICH
CT
06830
1
0
1
0
0001808595
Activant Ventures III Opportunities Fund 4, LP
323 RAILROAD AVENUE
GREENWICH
CT
06830
1
0
1
0
0001823414
Activant Ventures III Opportunities Fund 6, LP
323 RAILROAD AVENUE
GREENWICH
CT
06830
1
0
1
0
0001992147
Activant Ventures Advisors III, LLC
323 RAILROAD AVENUE
GREENWICH
CT
06830
1
0
1
0
0001992093
Activant Capital Management, LLC
323 RAILROAD AVENUE
GREENWICH
CT
06830
1
0
1
0
0001991432
Activant Holdings I, LTD
323 RAILROAD AVENUE
GREENWICH
CT
06830
1
0
1
0
0
Class B Common Stock
2023-08-22
4
A
0
18339423
A
Class A Common Stock
18339423
18339423
I
By Activant Holdings I, Ltd.
Class B Common Stock
2023-08-22
4
A
0
7151754
A
Class A Common Stock
7151754
7151754
I
By Activant Ventures III Opportunities Fund 1, LP
Class B Common Stock
2023-08-22
4
A
0
1080188
A
Class A Common Stock
1080188
1080188
I
By Activant Ventures III Opportunities Fund 2, L.P.
Class B Common Stock
2023-08-22
4
A
0
873305
A
Class A Common Stock
873305
873305
I
By Activant Ventures III Opportunities Fund 3, LP
Class B Common Stock
2023-08-22
4
A
0
1400933
A
Class A Common Stock
1400933
1400933
I
By Activant Ventures III Opportunities Fund 4, L.P.
Class B Common Stock
2023-08-22
4
A
0
6111340
A
Class A Common Stock
6111340
6111340
I
By Activant Ventures III Opportunities Fund 6, LP
Class B Common Stock
2023-08-22
4
A
0
26349310
A
Class A Common Stock
26349310
26349310
I
By Activant Ventures III, L.P.
Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person 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 Better Holdco's founder.
Activant Holdings I, Ltd. received 18,339,423 shares of Class B Common Stock of the Issuer in exchange for 6,000,000 shares of Series A Preferred Stock of Better Holdco, Inc. ("Better Holdco"), a Delaware corporation, pursuant to the Agreement and Plan of Merger, dated as of May 10, 2021 (as amended, the "Merger Agreement"), by and among Aurora Acquisition Corp, a Cayman Islands exempted company ("Aurora" and, following the Business Combination, the "Issuer"), Aurora Merger Sub I, Inc. a Delaware corporation and a direct wholly owned subsidiary of Aurora, and Better Holdco. Upon consummation of the business combination contemplated by the Merger Agreement (the "Business Combination"), as described on the Form S-4 (File No. 333-258423) filed by Aurora with the U.S. Securities and Exchange Commission and declared effective on July 27, 2023, the surviving entity of the Business Combination, the "Issuer", was renamed "Better Home & Finance Holding Company".
Steven Sarracino is the controlling shareholder of Activant Holdings I, Ltd. Therefore, Mr. Sarracino may be deemed to have voting and dispositive power over the shares held by Activant Holdings I, Ltd. Mr. Sarracino disclaims beneficial ownership of these securities 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.
Activant Ventures III Opportunities Fund 1, LP received 7,151,754 shares of Class B Common Stock of the Issuer in exchange for 2,339,797 shares of Series C Preferred Stock of Better Holdco pursuant to the Merger Agreement. Please see footnote 1 of this Form 4 for further details.
Activant Ventures Advisors III, LLC is the general partner of Activant Ventures III Opportunities Fund 1, L.P. Activant Capital Management, LLC is the investment advisor of Activant Ventures III Opportunities Fund 1, L.P. Mr. Sarracino is Principal of Activant Ventures Advisors III, LLC. Activant Ventures Advisors III, LLC, Activant Capital Management, LLC and Mr. Sarracino may be deemed to have voting power and dispositive power with respect to the shares held by Activant Ventures III Opportunities Fund 1, L.P. Activant Ventures Advisors III, LLC, Activant Capital Management, LLC, and Mr. Sarracino disclaim beneficial ownership of these securities except to the extent of each person's respective 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.
Activant Ventures III Opportunities Fund 2, L.P. received 1,080,188 shares of Class B Common Stock of the Issuer in exchange for 353,399 shares of Series D Preferred Stock of Better Holdco pursuant to the Merger Agreement. Please see footnote 1 of this Form 4 for further details.
Activant Ventures Advisors III, LLC is the general partner of Activant Ventures III Opportunities Fund 2, L.P. Activant Capital Management, LLC is the investment advisor of Activant Ventures III Opportunities Fund 2, L.P. Mr. Sarracino is Principal of Activant Ventures Advisors III, LLC. Activant Ventures Advisors III, LLC, Activant Capital Management, LLC and Mr. Sarracino may be deemed to have voting power and dispositive power with respect to the shares held by Activant Ventures III Opportunities Fund 2, L.P. Activant Ventures Advisors III, LLC, Activant Capital Management, LLC, and Mr. Sarracino disclaim beneficial ownership of these securities except to the extent of each person's respective 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.
Activant Ventures III Opportunities Fund 3, LP received 873,305 shares of Class B Common Stock of the Issuer in exchange for 285,714 shares of Series A Preferred Stock of Better Holdco pursuant to the Merger Agreement. Please see footnote 1 of this Form 4 for further details.
Activant Ventures Advisors III, LLC is the general partner of Activant Ventures III Opportunities Fund 3, L.P. Activant Capital Management, LLC is the investment advisor of Activant Ventures III Opportunities Fund 3, L.P. Mr. Sarracino is Principal of Activant Ventures Advisors III, LLC. Activant Ventures Advisors III, LLC, Activant Capital Management, LLC and Mr. Sarracino may be deemed to have voting power and dispositive power with respect to the shares held by Activant Ventures III Opportunities Fund 3, L.P. Activant Ventures Advisors III, LLC, Activant Capital Management, LLC, and Mr. Sarracino disclaim beneficial ownership of these securities except to the extent of each person's respective 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.
Activant Ventures III Opportunities Fund 4, L.P. received 1,400,933 shares of Class B Common Stock of the Issuer in exchange for 458,335 shares of Class B Common Stock of Better Holdco pursuant to the Merger Agreement. Please see footnote 1 of this Form 4 for further details.
Activant Ventures Advisors III, LLC is the general partner of Activant Ventures III Opportunities Fund 4, L.P. Activant Capital Management, LLC is the investment advisor of Activant Ventures III Opportunities Fund 4, L.P. Mr. Sarracino is Principal of Activant Ventures Advisors III, LLC. Activant Ventures Advisors III, LLC, Activant Capital Management, LLC and Mr. Sarracino may be deemed to have voting power and dispositive power with respect to the shares held by Activant Ventures III Opportunities Fund 4, L.P. Activant Ventures Advisors III, LLC, Activant Capital Management, LLC, and Mr. Sarracino disclaim beneficial ownership of these securities except to the extent of each person's respective 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.
Activant Ventures III Opportunities Fund 6, LP received 6,111,340 shares of Class B Common Stock of the Issuer in exchange for 1,999,411 shares of Series D Preferred Stock of Better Holdco pursuant to the Merger Agreement. Please see footnote 1 of this Form 4 for further details.
Activant Ventures Advisors III, LLC is the general partner of Activant Ventures III Opportunities Fund 6, L.P. Activant Capital Management, LLC is the investment advisor of Activant Ventures III Opportunities Fund 6, L.P. Mr. Sarracino is Principal of Activant Ventures Advisors III, LLC. Activant Ventures Advisors III, LLC, Activant Capital Management, LLC and Mr. Sarracino may be deemed to have voting power and dispositive power with respect to the shares held by Activant Ventures III Opportunities Fund 6, L.P. Activant Ventures Advisors III, LLC, Activant Capital Management, LLC, and Mr. Sarracino disclaim beneficial ownership of these securities except to the extent of each person's respective 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.
Activant Ventures III, L.P. received 26,349,310 shares of Class B Common Stock of the Issuer in exchange for 173,866 shares of Class B Common Stock, 788,122 shares of Class O Common Stock, 611,720 shares of Series A Preferred Stock, 6,434,441 shares of Series C Preferred Stock and 612,378 shares of Series D Preferred Stock of Better Holdco pursuant to the Merger Agreement. Please see footnote 1 of this Form 4 for further details.
Steven Sarracino is the controlling shareholder of Activant Ventures III, L.P. Activant Capital Management, LLC is the investment advisor of Activant Ventures III, L.P. Therefore, Activant Capital Management, LLC and Mr. Sarracino may be deemed to have voting power and dispositive power over the shares held by Activant Ventures III, L.P. Activant Capital Management, LLC and Mr. Sarracino disclaim beneficial ownership of these securities except to the extent of each person's respective 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.
This amendment to the Form 4 filed on August 24, 2023 is being filed solely to reflect certain additional entities as reporting persons following the receipt or recovery of EDGAR filing credentials for such persons and to clarify the relationships between such persons, and does not otherwise change any information set forth in the original Form 4.
/s/ Steven Sarracino
2023-09-08
/s/ Steven Sarracino, as authorized person for the GP of Activant Ventures III Opportunities Fund 1, L.P.
2023-09-08
/s/ Steven Sarracino, as authorized person for the GP of Activant Ventures III Opportunities Fund 2, L.P.
2023-09-08
/s/ Steven Sarracino, as authorized person for the GP of Activant Ventures III Opportunities Fund 3, L.P.
2023-09-08
/s/ Steven Sarracino, as authorized person for the GP of Activant Ventures III Opportunities Fund 4, L.P.
2023-09-08
/s/ Steven Sarracino, as authorized person for the GP of Activant Ventures III Opportunities Fund 6, L.P.
2023-09-08
/s/ Steven Sarracino, as authorized person for the GP of Activant Ventures III, L.P.
2023-09-08
/s/ Steven Sarracino, as sole member and manager of Activant Ventures Advisors III, LLC
2023-09-08
/s/ Steven Sarracino, as sole member and manager of Activant Capital Management, LLC
2023-09-08
/s/ Steven Sarracino, as authorized person for the GPs of Activant Holdings I, Ltd.
2023-09-08