4/A//SEC Filing
Bjorgolfsson Thor 4/A
Accession 0001104659-23-110485
CIK 0001835856other
Filed
Oct 19, 8:00 PM ET
Accepted
Oct 20, 4:15 PM ET
Size
7.5 KB
Accession
0001104659-23-110485
Insider Transaction Report
Form 4/AAmended
Bjorgolfsson Thor
DirectorChairman10% Owner
Transactions
- Other
Warrant (right to buy)
2023-08-22+2,290,014→ 2,290,015 total(indirect: Held through Novator Capital Sponsor Ltd.)Exercise: $11.50→ Class A Common Stock (2,290,015 underlying)
Footnotes (3)
- [F1]On August 24, 2023, the reporting person filed a Form 4 which reported that, in connection with the completion of the Issuer's (as defined below) initial business combination (the "Business Combination") pursuant to the Agreement and Plan of Merger (as amended, the "Merger Agreement"), dated May 10, 2021, by and among Aurora Acquisition Corp. ("Aurora"), Aurora Merger Sub I, Inc., and Better Holdco Inc. ("Better"), outstanding warrants to purchase Class A ordinary shares of Aurora automatically converted into warrants to purchase shares of the Issuer's Class A Common Stock (each, an "Issuer Warrant") for no additional consideration. As part of the Business Combination, Aurora changed its name to Better Home & Finance Holding Company (the "Issuer").
- [F2]This amended Form 4 is filed solely to correct the number of Issuer Warrants held by the Reporting Person through Novator Capital Sponsor Ltd. following the completion of the Business Combination. The previously filed Form 4 incorrectly reported holdings of 4,005,029 Issuer Warrants, whereas, as reported in this amendment, the Reporting Person held (and continues to hold) 2,290,015 Issuer Warrants through Novator Capital Sponsor Ltd. The Reporting Person forfeited 2,290,014 Warrants in connection with the Business Combination, as required by a letter agreement entered into between Sponsor and the Issuer dated November 9, 2021.
- [F3]The Issuer Warrants have an exercise price of $11.50 and will expire on August 22, 2028, five years from the completion of the Business Combination, or earlier upon redemption or liquidation.
Documents
Issuer
Better Home & Finance Holding Co
CIK 0001835856
Entity typeother
Related Parties
1- filerCIK 0001842767
Filing Metadata
- Form type
- 4/A
- Filed
- Oct 19, 8:00 PM ET
- Accepted
- Oct 20, 4:15 PM ET
- Size
- 7.5 KB