4//SEC Filing
Novator Capital Sponsor Ltd. 4
Accession 0001104659-24-121628
CIK 0001835856other
Filed
Nov 20, 7:00 PM ET
Accepted
Nov 21, 5:49 PM ET
Size
9.2 KB
Accession
0001104659-24-121628
Insider Transaction Report
Form 4
Novator Capital Sponsor Ltd.
10% Owner
Transactions
- Sale
Warrant (right to buy)
2024-11-13−45,800→ 0 total→ Class A Common Stock (45,800 underlying) - Sale
Class A Ordinary Shares
2024-10-31−650,000→ 266,162 total
Footnotes (3)
- [F1]Novator Capital Sponsor Ltd, a Cyprus limited liability company (the "Reporting Person") is indirectly 99.9% owned by The Future Holdings Trust ("FHT") for which BB Trustees SA acts as trustee. On October 31, 2024, the Reporting Person transferred 650,000 shares of Class A common stock of Better Home & Finance Holding Company (f/k/a Aurora Acquisition Corp.) (the "Issuer") to another entity that is indirectly 99.9% owned by FHT, Livenandro Holdings Limited, a Cyprus limited company ("Livenandro") at a price per share of $15.58. Thor Bjorgolfsson may be deemed to have dispositive and voting control over the securities held by each of Livenandro and the Reporting Person. Mr. Bjorgolfsson disclaims beneficial of such securities. Mr. Bjorgolfsson files Section 16(a) reports separately to report securities of the Issuer that he may be deemed to beneficially own. The transfer did not result in a change in Mr. Bjorgolfsson 's pecuniary interest in the Class A Ordinary Shares.
- [F2]On November 13, 2024, the Reporting Person transferred to Livenandro 45,800 warrants to purchase Class A Common Stock of the Issuer (the "Warrants") at a price per Warrant of $0.07. The transfer did not result in a change in Mr. Bjorgolfsson 's pecuniary interest in the Warrants.
- [F3]On August 16, 2024, the Issuer effected a 1-for-50 reverse stock split of its Class A common stock (the "Reverse Stock Split"), which is reflected in the Reporting's Person's number of securities beneficially owned reported in this filing. As adjusted for the Reverse Stock Split, each Warrant is exercisable to purchase one share of Class A common stock at a price of $575.00 per share, subject to adjustment. The Warrants expire on August 22, 2028,.
Documents
Issuer
Better Home & Finance Holding Co
CIK 0001835856
Entity typeother
IncorporatedCyprus
Related Parties
1- filerCIK 0001851865
Filing Metadata
- Form type
- 4
- Filed
- Nov 20, 7:00 PM ET
- Accepted
- Nov 21, 5:49 PM ET
- Size
- 9.2 KB