Harding Caroline 4
4 · Better Home & Finance Holding Co · Filed Aug 24, 2023
Insider Transaction Report
Form 4
Harding Caroline
DirectorChief Financial Officer
Transactions
- Other
Warrant (right to buy)
2023-08-22+625→ 625 totalExercise: $11.50→ Class A Common Stock (625 underlying) - Other
Class A Ordinary Shares
2023-08-22−2,500→ 0 total - Other
Class A Common Stock
2023-08-22+2,500→ 2,500 total - Other
Warrant (right to buy)
2023-08-22−625→ 0 totalExercise: $11.50→ Class A Common Stock (625 underlying)
Footnotes (2)
- [F1]On August 22, 2023, 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, dated May 10, 2021, as amended, by and among Aurora Acquisition Corp. ("Aurora"), Aurora Merger Sub I, Inc., and Better Holdco Inc., the Class A ordinary shares of Aurora, par value $0.0001 per share, automatically converted into shares of the Issuer's Class A common stock on a one-for-one basis for no additional consideration. As part of the Business Combination, Aurora changed its name to Better Home & Finance Holding Company (the "Issuer").
- [F2]In connection with the completion of the Business Combination, 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. 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.