3//SEC Filing
LCG4 Best, L.P. 3
Accession 0001628280-23-032307
CIK 0001835856other
Filed
Sep 13, 8:00 PM ET
Accepted
Sep 14, 8:01 PM ET
Size
6.9 KB
Accession
0001628280-23-032307
Insider Transaction Report
Form 3
LCG4 Best, L.P.
10% Owner
Holdings
Class B Common Stock
→ Class A Common Stock (23,203,001 underlying)
Footnotes (3)
- [F1]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 the founder of Better Holdco (as defined below).
- [F2]The Reporting Person received 23,203,001 shares of Class B Common Stock of the Issuer in exchange for 300,000 shares of Class B Common Stock, 125,346 shares of Class C Preferred Stock and 7,165,842 shares of Class D 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.
- [F3]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".
Documents
Issuer
Better Home & Finance Holding Co
CIK 0001835856
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001991427
Filing Metadata
- Form type
- 3
- Filed
- Sep 13, 8:00 PM ET
- Accepted
- Sep 14, 8:01 PM ET
- Size
- 6.9 KB