Better Home & Finance Holding Co: Nasdaq notifies listing rule noncompliance

What happened

• Better Home & Finance Holding Co reported that on Oct 5, 2026 it notified The Nasdaq Stock Market LLC that, due to resignations and removals disclosed in the company’s Form 8-Ks filed on Oct 6, 2026 and Oct 2, 2026, the company is "not in compliance" with certain corporate governance requirements under Nasdaq listing standards.
• The company reported that on Oct 8, 2026 it received notice from Nasdaq stating the noncompliance and that Nasdaq provided the company with 45 calendar days to submit a plan to regain compliance. The filing states the notice has no immediate effect on the listing of the company’s Class A common stock or warrants.

Key details

• Nasdaq listing rules cited: Rule 5605(b)(1) (majority independent directors), Rule 5605(c)(2) (audit committee of at least 3 members, each independent), Rule 5605(d) (compensation committee of at least 2 members, each independent), and Rule 5605(e)(1) (independent director oversight of director nominations).
• Dates: company notice to Nasdaq on Oct 5, 2026; Nasdaq notice to company on Oct 8, 2026; company has 45 calendar days to submit a compliance plan.
• The company said it intends to submit a compliance plan within the 45-day period and intends to take actions necessary to regain compliance, but stated there is no assurance Nasdaq will accept the plan or that the company will regain compliance.

Why it may matter

• This item was reported as Item 3.01: notice of delisting or failure to satisfy a continued listing rule or standard, which covers Nasdaq listing-standard compliance and the company’s plan to regain compliance. A filing does not show why the insider traded or why the company acted.