BETR on Nasdaq
Better Home & Finance Holding Co
Loan brokers company, listed on Nasdaq (BETR)1
In its 2026 annual report the company says: “We are a technology-enabled homeownership company that offers mortgage, home equity, and other homeownership products through a digital platform. Our services are designed to support customers across key stages of the homeownership cycle including purchase, ownership, refinance, and sale. Our proprietary platform supports both consumer-facing offerings and offerings provided to third-party strategic partners and is designed to scale across products, channels, and market conditions.”5 It is headquartered in New York, New York.1
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Last updated Oct 21, 2026.
Overview
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- TickerBETR on Nasdaq1
- IndustryLoan Brokers1
- HeadquartersNew York, New York1
- Business address1 World Trade Center, 285 Fulton St, Flr 80, Suite A, New York, Ny3
- Filer category, Emerging growth company3
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On August 22, 2023, we consummated the transactions contemplated by the Agreement and Plan of Merger (as amended, the “Merger Agreement”), by and among Aurora Acquisition Corp. (“Aurora”), Better Holdco, Inc. (“Pre-Business Combination Better”), and Aurora Merger Sub I, Inc., formerly a wholly owned subsidiary of Aurora (“Business Combination”). In connection with the closing of the transactions contemplated by the Merger Agreement, the Company’s Class A common stock and Warrants began trading on the Nasdaq Global Market and Nasdaq Capital Market, respectively, under the ticker symbols “BETR” and BETRW.” On March 13, 2024, the listing of the Company’s Class A common stock and warrants transferred from the Nasdaq Global Market to the Nasdaq Capital Market.5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Other Platform, International Lending Revenue brought in 46% of the revenue Better Home & Finance Holding Co broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2024 | 2025 |
|---|---|---|
| Other Platform, International Lending Revenue | $4.0M | $5.2M |
| Other Platform, Insurance Services | $3.5M | $2.5M |
| Other Platform, Real Estate Services | $2.5M | $1.9M |
| Other Platform, Other Revenue | $3.0M | $1.7M |
Business segments
Home Finance brought in 98% of the revenue Better Home & Finance Holding Co broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2024 | 2025 |
|---|---|---|
| Home Finance | $12.3M | $11.1M |
| Banking | $570.0K | $198.0K |
Regions
United States brought in 84% of the revenue Better Home & Finance Holding Co broke down this way in fiscal 2025.
Regions by year
| Regions | 2024 | 2025 |
|---|---|---|
| United States | $86.7M | $138.8M |
| Outside the United States | $21.8M | $26.0M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Research and development17¢$27.9M
- Other costs83¢$136.9M
- Income tax0¢$53.0K
Out of $164.9M in revenue.2 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Gain on loans, net | $136.1M | $78.1M |
| Other revenue | $11.3M | $12.9M |
| Interest income | $60.3M | $39.0M |
| Interest expense | -$42.8M | -$21.5M |
| Net interest income | $17.4M | $17.5M |
| Total net revenues | $164.9M | $108.5M |
| Compensation and benefits | $174.2M | $141.1M |
| General and administrative | $45.3M | $52.2M |
| Technology | $27.9M | $26.1M |
| Marketing and advertising | $38.4M | $34.0M |
| Loan origination expense | $14.5M | $9.9M |
| Depreciation and amortization | $14.1M | $33.2M |
| Other expenses/(income) | $16.3M | $17.4M |
| Total Expenses | $330.7M | $313.9M |
| Loss before income tax expense | -$165.8M | -$205.4M |
| Income tax expense | $53.0K | $850.0K |
| Net loss | -$165.9M | -$206.3M |
| Foreign currency translation adjustment, net of tax | $5.6M | -$222.0K |
| Comprehensive loss | -$160.3M | -$206.5M |
| Loss per share attributable to common stockholders: Basic (in dollars per share) | -$10.80 | -$13.65 |
| Loss per share attributable to common stockholders: Diluted (in dollars per share) | -$10.80 | -$13.65 |
| Weighted average common shares outstanding basic (in shares) | 15.4M shares | 15.1M shares |
| Weighted average common shares outstanding diluted (in shares) | 15.4M shares | 15.1M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $99.8M | $211.1M | |
| Restricted cash | $16.8M | $24.4M | |
| Short-term investments | $103.6M | $53.8M | |
| Mortgage loans held for sale, at fair value | $466.7M | $399.2M | |
| Loans held for investment (net of allowance for credit losses of $2,251 and $1,667 as of December 31, 2025 and 2024, respectively) | $723.3M | $111.5M | |
| Other receivables, net | $14.8M | $17.5M | |
| Assets held for sale | $8.7M | $10.4M | |
| Property and equipment, net | $1.9M | $2.7M | |
| Right-of-use assets | $4.7M | $1.4M | |
| Internal use software and other intangible assets, net | $22.0M | $20.9M | |
| Goodwill | $11.0M | $23.6M | $32.4M |
| Derivative assets, at fair value | $4.2M | $2.5M | |
| Prepaid expenses and other assets | $27.9M | $33.9M | |
| Total Assets | $1.5B | $913.1M | |
| Warehouse lines of credit | $411.9M | $244.1M | |
| Convertible note | $0 | $519.7M | |
| Senior notes | $198.8M | $0 | |
| Customer deposits | $763.0M | $134.1M | |
| Liabilities held for sale | $4.8M | $6.1M | |
| Escrow payable and other customer accounts | $172.0K | $74.0K | |
| Derivative liabilities, at fair value | $2.4M | $0 | |
| Warrant and equity related liabilities, at fair value | $1.5M | $1.4M | |
| Lease liabilities | $4.6M | $4.1M | |
| Other liabilities | $6.5M | $13.5M | |
| Total Liabilities | $1.5B | $971.2M | |
| Common stock $0.0001 par value; 66,000,000 and 66,000,000 shares authorized as of December 31, 2025 and 2024, respectively, and 15,996,907 and 15,168,795 shares issued and outstanding as of December 31, 2025 and 2024, respectively | $2.0K | $2.0K | |
| Notes receivable from stockholders | $0 | -$9.2M | |
| Additional paid-in capital | $2.1B | $1.9B | |
| Accumulated deficit | -$2.1B | -$1.9B | |
| Accumulated other comprehensive gain/(loss) | $3.7M | -$1.9M | |
| Total Stockholders Equity/(Deficit) | $37.2M | -$58.2M | $122.6M |
| Total Liabilities and Stockholders Equity/(Deficit) | $1.5B | $913.1M | |
| Allowance for credit losses | $2.3M | $1.7M | |
| Accounts payable and accrued expenses | $74.6M | $48.1M | |
| Common shares, par value (in dollars per share) | $0.00 | $0.00 | |
| Common stock, authorized (in shares) | 66.0M shares | 66.0M shares | |
| Common stock, issued (in shares) | 16.0M shares | 15.2M shares | |
| Common stock, outstanding (in shares) | 16.0M shares | 15.2M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $99.8M | $211.1M | |
| Restricted cash | $16.8M | $24.4M | |
| Short-term investments | $103.6M | $53.8M | |
| Mortgage loans held for sale, at fair value | $466.7M | $399.2M | |
| Loans held for investment (net of allowance for credit losses of $2,251 and $1,667 as of December 31, 2025 and 2024, respectively) | $723.3M | $111.5M | |
| Other receivables, net | $14.8M | $17.5M | |
| Assets held for sale | $8.7M | $10.4M | |
| Property and equipment, net | $1.9M | $2.7M | |
| Right-of-use assets | $4.7M | $1.4M | |
| Internal use software and other intangible assets, net | $22.0M | $20.9M | |
| Goodwill | $11.0M | $23.6M | $32.4M |
| Derivative assets, at fair value | $4.2M | $2.5M | |
| Prepaid expenses and other assets | $27.9M | $33.9M | |
| Total Assets | $1.5B | $913.1M | |
| Warehouse lines of credit | $411.9M | $244.1M | |
| Convertible note | $0 | $519.7M | |
| Senior notes | $198.8M | $0 | |
| Customer deposits | $763.0M | $134.1M | |
| Liabilities held for sale | $4.8M | $6.1M | |
| Escrow payable and other customer accounts | $172.0K | $74.0K | |
| Derivative liabilities, at fair value | $2.4M | $0 | |
| Warrant and equity related liabilities, at fair value | $1.5M | $1.4M | |
| Lease liabilities | $4.6M | $4.1M | |
| Other liabilities | $6.5M | $13.5M | |
| Total Liabilities | $1.5B | $971.2M | |
| Common stock $0.0001 par value; 66,000,000 and 66,000,000 shares authorized as of December 31, 2025 and 2024, respectively, and 15,996,907 and 15,168,795 shares issued and outstanding as of December 31, 2025 and 2024, respectively | $2.0K | $2.0K | |
| Notes receivable from stockholders | $0 | -$9.2M | |
| Additional paid-in capital | $2.1B | $1.9B | |
| Accumulated deficit | -$2.1B | -$1.9B | |
| Accumulated other comprehensive gain/(loss) | $3.7M | -$1.9M | |
| Total Stockholders Equity/(Deficit) | $37.2M | -$58.2M | $122.6M |
| Total Liabilities and Stockholders Equity/(Deficit) | $1.5B | $913.1M | |
| Allowance for credit losses | $2.3M | $1.7M | |
| Accounts payable and accrued expenses | $74.6M | $48.1M | |
| Common shares, par value (in dollars per share) | $0.00 | $0.00 | |
| Common stock, authorized (in shares) | 66.0M shares | 66.0M shares | |
| Common stock, issued (in shares) | 16.0M shares | 15.2M shares | |
| Common stock, outstanding (in shares) | 16.0M shares | 15.2M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$165.9M | -$206.3M |
| Depreciation of property and equipment | $1.0M | $7.1M |
| Impairment charges, net | $12.5M | $16.4M |
| Amortization of internal use software and other intangible assets | $13.0M | $26.1M |
| Gain on sale of loans, net | -$128.2M | -$59.2M |
| Non-cash interest and amortization of debt issuance costs and discounts | $1.7M | $6.2M |
| Change in fair value of warrants and equity related liabilities | $69.0K | -$924.0K |
| Stock-based compensation | $20.4M | $26.8M |
| Recovery of loan repurchase reserve | -$821.0K | -$9.9M |
| Provision for credit losses | $584.0K | $1.7M |
| Amortization/accretion of deferred fees and costs | -$1.7M | $0 |
| Change in fair value of derivatives | $673.0K | -$1.7M |
| Change in fair value of loans held for investment attributable to hedged risk | -$1.9M | $0 |
| Change in fair value of mortgage loans held for sale | -$7.4M | -$2.3M |
| Loss on disposal of assets held for sale | $692.0K | $0 |
| Change in operating lease of right-of-use assets | -$3.3M | -$2.3M |
| Originations of mortgage loans held for sale | -$4.7B | -$3.6B |
| Proceeds from sale of mortgage loans held for sale | $4.7B | $3.5B |
| Other receivables, net | $2.3M | -$1.9M |
| Prepaid expenses and other assets | $9.5M | $16.9M |
| Operating lease liabilities | $548.0K | -$6.2M |
| Accounts payable and accrued expenses | $17.0M | -$21.1M |
| Escrow payable and other customer accounts | $484.0K | $567.0K |
| Other liabilities | -$3.5M | $1.5M |
| Net cash used in operating activities | -$166.6M | -$380.0M |
| Purchase of property and equipment | -$1.2M | -$3.4M |
| Payment to dispose of assets held for sale | -$1.6M | $0 |
| Proceeds from sale of property and equipment | $0 | $2.9M |
| Capitalization of internal use software | -$10.0M | -$6.7M |
| Maturities of short-term investments | $446.7M | $183.3M |
| Purchase of short-term investments | -$493.1M | -$211.9M |
| Origination of loans held for investment | -$603.8M | -$110.9M |
| Principal payments received on loans held for investment | $1.5M | $2.8M |
| Net cash used in investing activities | -$661.5M | -$143.8M |
| Principal payments on convertible notes | -$110.0M | -$1.1M |
| Principal payments on senior notes | -$1.6M | $0 |
| Net borrowings on warehouse lines of credit | $167.8M | $117.9M |
| Net increase in customer deposits | $628.9M | $122.3M |
| Proceeds from issuance of common stock under at-the-market offering | $29.2M | $0 |
| Proceeds from issuance of common stock and exercise of stock options | $75.0K | $91.0K |
| Net cash provided by financing activities | $714.3M | $239.1M |
| Effects of currency translation on cash, cash equivalents, and restricted cash | -$7.5M | -$217.0K |
| Net decrease in cash, cash equivalents, and restricted cash, including cash classified within assets held for sale | -$121.2M | -$284.9M |
| Interest paid | $21.8M | $13.8M |
| Income taxes paid/(refunded) | $1.7M | -$677.0K |
| Convertible notes exchange | $209.3M | $0 |
| Reduction of lease liability via modification/termination | $0 | $20.9M |
| Capitalization of stock-based compensation related to internal use software | $1.4M | $1.8M |
| Vesting of stock options early exercised in prior periods | $0 | $1.6M |
| Vesting of common stock issued via notes receivable from stockholders | $0 | $893.0K |
| Settlement of notes receivable from stockholders | $0 | $1.8M |
| Reclasses to internal use software | $0 | $2.3M |
| Termination of notes receivable from stockholders | $9.2M | $0 |
No quarter-by-quarter statement was filed.
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Corporate structure
Better Home & Finance Holding Co sits at the top of its group. 34 entities, 4 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Better Home & Finance Holding Co
- Activant Ventures Advisors III, LLC Filed SCHEDULE 13D/A on Better Home & Finance Holding Co, latest Oct 7, 2026 (9 filings since Sep 1, 2023)
- Vishal Garg Filed SCHEDULE 13D/A on Better Home & Finance Holding Co, latest Oct 5, 2026 (7 filings since Sep 7, 2023)
- INTEGRATED CORE STRATEGIES (US) LLC Filed SCHEDULE 13G on Better Home & Finance Holding Co, latest Sep 22, 2026
- Global Investment Ventures LLC Filed SCHEDULE 13D on Better Home & Finance Holding Co, latest Aug 19, 2026
- FRONTIER CAPITAL MANAGEMENT CO LLC Filed SCHEDULE 13G/A on Better Home & Finance Holding Co, latest Aug 14, 2026 (3 filings since Feb 17, 2026)
- BlackRock Filed SCHEDULE 13G on Better Home & Finance Holding Co, latest Jul 27, 2026
- Novator Capital Sponsor Ltd. Filed SCHEDULE 13D/A on Better Home & Finance Holding Co, latest May 19, 2026 (9 filings since Aug 28, 2023)
- Framework Ventures IV L.P. Filed SCHEDULE 13G on Better Home & Finance Holding Co, latest Apr 6, 2026
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on Better Home & Finance Holding Co, latest Mar 26, 2026 (2 filings since Jan 30, 2026)
- HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Filed SCHEDULE 13G/A on Better Home & Finance Holding Co, latest Feb 13, 2026 (3 filings since Feb 13, 2024)
- Orange Capital Ventures LP Filed SCHEDULE 13G/A on Better Home & Finance Holding Co, latest Feb 9, 2026 (2 filings since Oct 21, 2025)
- Pine Brook Capital Partners II, L.P. Filed SCHEDULE 13D/A on Better Home & Finance Holding Co, latest Sep 24, 2025 (3 filings since Sep 1, 2023)
- Better Home & Finance Holding Co New York, New York
- 64 Putnam Brooklyn LLC Subsidiary · Delaware, United States
- Better Connect, LLC (d/b/a Better Attorney Match) Subsidiary · Delaware, United States
- Better Cover, LLC Subsidiary · Delaware, United States
- Better Finance, Ltd. Subsidiary · United Kingdom
- Better Financial Group, Inc. Subsidiary · Delaware, United States
- Better Homeownership, Ltd. Subsidiary · United Kingdom
- Better House I, LLC Subsidiary · Delaware, United States
- Better House II, LLC Subsidiary · Delaware, United States
- Better Inspect, LLC Subsidiary · Delaware, United States
- Better Labs, LLC Subsidiary · Delaware, United States
- Better London, LLC Subsidiary · Delaware, United States
- Better Mortgage Corporation Subsidiary · California, United States
- Better Opportunity Fund Subsidiary · Delaware, United States
- Better Principal Finance Subsidiary · Delaware, United States
- Better Real Estate California, Inc. Subsidiary · Delaware, United States
- Better Real Estate, LLC Subsidiary · Delaware, United States
- Better Settlement Services, LLC Subsidiary · Delaware, United States
- Better Trust I Subsidiary · Delaware, United States
- Better Valuation, LLC Subsidiary · Delaware, United States
- Better WH, LLC Subsidiary · Delaware, United States
- Birmingham Bank Ltd. Subsidiary · United Kingdom
- BMC Trust I Subsidiary · Delaware, United States
- BMC-1, LLC Subsidiary · Delaware, United States
- BMTG Advisors India Pvt. Ltd Subsidiary · India
- BRE-1, LLC Subsidiary · Delaware, United States
- and 8 more
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Better Home & Finance Holding Co reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Operating-lease assets (leased space) | $4.7M2 Dec 31, 2025 | $1.4M2 Dec 31, 2024 | +237.3% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $99.8M2 Dec 31, 2025 | $211.1M2 Dec 31, 2024 | −52.7% |
| Marketable securities, current | $103.6M2 Dec 31, 2025 | $53.8M2 Dec 31, 2024 | +92.7% |
| Loans, net of allowance | $723.3M2 Dec 31, 2025 | $111.5M2 Dec 31, 2024 | +548.9% |
| Deposits held (banks) | $763.0M2 Dec 31, 2025 | $134.1M2 Dec 31, 2024 | +469.0% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $11.0M2 Dec 31, 2025 | $23.6M2 Dec 31, 2024 | −53.4% |
| Intangible assets, net (excluding goodwill) | $22.0M2 Dec 31, 2025 | $20.9M2 Dec 31, 2024 | +5.0% |
| Finite-lived intangibles, gross | $164.2M2 Dec 31, 2025 | $148.9M2 Dec 31, 2024 | +10.3% |
| Accumulated amortization | $144.1M2 Dec 31, 2025 | $129.8M2 Dec 31, 2024 | +11.0% |
| Finite-lived intangibles, net | $20.1M2 Dec 31, 2025 | $19.1M2 Dec 31, 2024 | +5.5% |
Properties, in its own words
Our corporate headquarters are located in New York, New York. We also have offices in Charlotte, North Carolina, Irvine, California, Troy, Michigan, Irving, Texas, Gurgaon, India, London, United Kingdom, and Birmingham, United Kingdom (included in our “Banking” segment). We do not own any material real property. We believe that our existing facilities are adequate to meet the current needs of our essential workforce and that if we require additional space, we will be able to obtain additional facilities on commercially reasonable terms.
Item 2 of the 10-K filed Mar 13, 2026.5
Leadership
Who has led Better Home & Finance Holding Co, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
2025
- Chief executive officerDaniel Seth Lewis Aug 6, 2026 to now14
- Chief executive officerArnaud Massenet Mar 18, 2021 to Mar 18, 202115
- ChairThor Bjorgolfsson Mar 18, 2021 to Mar 18, 202116
- Chief financial officerLoveen Advani Feb 12, 2026 to now17
- Chief financial officerCaroline Harding Mar 23, 2021 to Apr 19, 202118
- Chief operating officerBarry Feierstein Dec 29, 2025 to now19
Board members and other officers (19)
- Chief Technology OfficerJonsson Sigurgeir Orn Apr 6, 2026 to now20
- Chief Accounting OfficerWilliam E. Fischer Iii. May 10, 2024 to Dec 3, 202421
- CAO and Senior CounselJ. Calamari Nicholas Aug 24, 2023 to now22
- CIO and Head of LegalPrabhu Narasimhan Mar 18, 2021 to Mar 18, 202123
- Board memberHugh Frater Mar 31, 2026 to now24
- Board memberDaniel Seth Lewis Aug 6, 2026 to now14
- Board memberBhaskar Menon Sep 2, 2025 to now25
- Board memberDavid Michael Barse Sep 16, 2025 to now26
- Board memberArnaud Massenet Aug 24, 2023 to now27
- Board memberHarit Talwar Aug 24, 2023 to now28
- Board memberMichael J. Farello Aug 24, 2023 to now29
- Board memberPrabhu Narasimhan Aug 24, 2023 to now30
- Board memberRiaz Valani Aug 24, 2023 to Sep 6, 202431
- Board memberSteven Sarracino Aug 24, 2023 to Oct 25, 202432
- Board memberMichael Edelstein Mar 18, 2021 to Mar 18, 202133
- Board memberSangeeta Desai Mar 18, 2021 to Mar 18, 202134
- Board memberCaroline Harding Mar 23, 2021 to Apr 19, 202118
- Board memberShravin Mittal Mar 23, 2021 to Mar 23, 202135
- General counselPaula Tuffin Aug 24, 2023 to now36
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- 64 Putnam Brooklyn LLC Delaware (USA)4
- BMC Trust I Delaware (USA)4
- BMC-1, LLC Delaware (USA)4
- BMTG Advisors India Pvt. Ltd India4
- BRE-1, LLC Delaware (USA)4
- BSS Texas, LLC Delaware (USA)4
- Better Connect, LLC (d/b/a Better Attorney Match) Delaware (USA)4
- Better Cover, LLC Delaware (USA)4
- Better Finance, Ltd. England (UK)4
- Better Financial Group, Inc. Delaware (USA)4
- Better Homeownership, Ltd. England (UK)4
- Better House I, LLC Delaware (USA)4
- Better House II, LLC Delaware (USA)4
- Better Inspect, LLC Delaware (USA)4
- Better Labs, LLC Delaware (USA)4
- Better London, LLC Delaware (USA)4
- Better Mortgage Corporation California (USA)4
- Better Opportunity Fund Delaware (USA)4
- Better Principal Finance Delaware (USA)4
- Better Real Estate California, Inc. Delaware (USA)4
- Better Real Estate, LLC Delaware (USA)4
- Better Settlement Services, LLC Delaware (USA)4
- Better Trust I Delaware (USA)4
- Better Valuation, LLC Delaware (USA)4
All 33 listed subsidiaries
- Better WH, LLC Delaware (USA)4
- Birmingham Bank Ltd. England (UK)4
- Coles Ridge Ltd. England (UK)4
- Goodholm Ltd. England (UK)4
- Heyl-Better, LLC Delaware (USA)4
- LHE Holdings Ltd. Jersey (UK)4
- London House Exchange Ltd. England (UK)4
- PROPERTY PARTNER INVESTMENTS UK LIMITED England (UK)4
- Property Partner Nominee Ltd. England (UK)4
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
- Aurora Acquisition Corp.Dec 23, 2020 to Aug 18, 20233
Timeline
- Oct 14, 20268-K Listing notice or transfer37
- Oct 14, 20268-K Results of operations38
- Oct 13, 20268-K Results of operations39
- Oct 9, 20268-K Executive or director change40
- Oct 9, 20268-K Listing notice or transfer41
- Oct 8, 20268-K Entered a material agreement; Ended a material agreement; Change to shareholders' rights42
- Oct 6, 20268-K Executive or director change; Shareholder vote43
- Oct 2, 20268-K Executive or director change44
- Sep 8, 20268-K Executive or director change45
- Sep 2, 20268-K Executive or director change46
- Aug 20, 20268-K Entered a material agreement; Change to shareholders' rights; Bylaws or fiscal year changed47
- Aug 6, 2026New chief executive Daniel Seth Lewis becomes CEO14
- Aug 6, 20268-K Results of operations48
- Mar 18, 2021New chief executive Arnaud Massenet becomes CEO15
Calendar
Coming up
- Nov 12, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported ($2.14) a share, on Nov 13, 2025.49
When it reported results
- Oct 14, 2026Reported quarterly or annual results38
- Oct 13, 2026Reported quarterly or annual results39
- Aug 6, 2026Reported quarterly or annual results48
- Aug 4, 2026Reported quarterly or annual results50
- May 7, 2026Reported quarterly or annual results51
- Apr 9, 2026Reported quarterly or annual results52
- Mar 13, 2026Reported quarterly or annual results53
- Nov 13, 2025Reported quarterly or annual results54
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
602 filings to the SEC since October 2021: 6 annual reports, 19 quarterly reports, 75 major events, 263 insider forms, 63 large holders, 176 other. The latest 20:
- Oct 15, 20263 EDGAR
- Oct 14, 20268-K EDGAR
- Oct 14, 20268-K/A EDGAR
- Oct 13, 20268-K EDGAR
- Oct 9, 20268-K EDGAR
- Oct 9, 20268-K/A EDGAR
- Oct 8, 20264 EDGAR
- Oct 8, 20268-K EDGAR
- Oct 7, 2026SCHEDULE 13D/A EDGAR
- Oct 6, 20268-K EDGAR
- Oct 5, 2026SCHEDULE 13D/A EDGAR
- Oct 2, 20268-K EDGAR
- Oct 2, 2026DFAN14A EDGAR
- Oct 1, 2026DFAN14A EDGAR
- Sep 30, 2026DFAN14A EDGAR
- Sep 29, 2026DFAN14A EDGAR
- Sep 28, 2026DFAN14A EDGAR
- Sep 25, 2026DEFA14A EDGAR
- Sep 25, 2026DFAN14A EDGAR
- Sep 24, 2026DEFA14A EDGAR
The 602 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
69 open-market trades by officers, directors and large owners since October 2021: 30 buys and 39 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 17, 2026 | Tuffin PaulaGeneral Counsel and CCO | Sale | 3,108 | $12.36 | $38.4K | Form 4 |
| Aug 19, 2026 | Smith Chad M.President, BMC | Sale | 3,307 | $12.85 | $42.5K | Form 4 |
| Jun 11, 2026 | FRATER HUGH RDirector | Buy | 5,150 | $24.34 | $125.4K | Form 4 |
| May 22, 2026 | Talwar HaritDirector | Buy | 5,000 | $25.34 | $126.7K | Form 4 |
| May 21, 2026 | Garg VishalChief Executive Officer | Buy | 15,600 | $24.89 | $388.3K | Form 4 |
| May 20, 2026 | Garg VishalChief Executive Officer | Buy | 15,600 | $25.00 | $390.0K | Form 4 |
| May 18, 2026 | Garg VishalChief Executive Officer | Buy | 15,600 | $24.87 | $388.0K | Form 4 |
| May 12, 2026 | Advani LoveenChief Financial Officer | Buy | 400 | $30.55 | $12.2K | Form 4 |
| May 11, 2026 | Advani LoveenChief Financial Officer | Buy | 100 | $31.25 | $3.1K | Form 4 |
| May 8, 2026 | Smith Chad M.President, BMC | Sale | 2,455 | $30.16 | $74.0K | Form 4 |
| May 8, 2026 | Talwar HaritDirector | Buy | 3,000 | $30.43 | $91.3K | Form 4 |
| May 7, 2026 | Garg VishalChief Executive Officer | Buy | 6,583 | $30.00 | $197.5K | Form 4 |
| Apr 10, 2026 | Framework Ventures IV L.P.10% owner | Buy | 54,384 | $32.96 | $1.8M | Form 4 |
| Apr 9, 2026 | Talwar HaritDirector | Buy | 5,000 | $32.89 | $164.4K | Form 4 |
| Apr 8, 2026 | Advani LoveenChief Financial Officer | Buy | 10 | $35.50 | $355 | Form 4 |
| Apr 8, 2026 | Orn Jonsson SigurgeirChief Technology Officer | Buy | 1,000 | $36.09 | $36.1K | Form 4 |
| Apr 8, 2026 | MENON BHASKARDirector | Buy | 590 | $34.14 | $20.1K | Form 4 |
| Apr 8, 2026 | Talwar HaritDirector | Buy | 1,000 | $33.34 | $33.3K | Form 4 |
| Apr 8, 2026 | Garg VishalChief Executive Officer | Buy | 10,000 | $35.05 | $350.5K | Form 4 |
| Apr 2, 2026 | Talwar HaritDirector | Buy | 5,000 | $35.24 | $176.2K | Form 4 |
All 69 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Activant Ventures Advisors III, LLCSCHEDULE 13D/A, 9 filings Sep 1, 2023 to Oct 7, 202655
- Vishal GargSCHEDULE 13D/A, 7 filings Sep 7, 2023 to Oct 5, 202656
- INTEGRATED CORE STRATEGIES (US) LLCSCHEDULE 13G, 1 filing Sep 22, 202657
- Global Investment Ventures LLCSCHEDULE 13D, 1 filing Aug 19, 202658
- FRONTIER CAPITAL MANAGEMENT CO LLCSCHEDULE 13G/A, 3 filings Feb 17, 2026 to Aug 14, 202659
- BlackRockSCHEDULE 13G, 1 filing Jul 27, 202660
- Novator Capital Sponsor Ltd.SCHEDULE 13D/A, 9 filings Aug 28, 2023 to May 19, 202661
- Framework Ventures IV L.P.SCHEDULE 13G, 1 filing Apr 6, 202662
- VANGUARD GROUP INCSCHEDULE 13G/A, 2 filings Jan 30, 2026 to Mar 26, 202663
- HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUNDSCHEDULE 13G/A, 3 filings Feb 13, 2024 to Feb 13, 202664
- Orange Capital Ventures LPSCHEDULE 13G/A, 2 filings Oct 21, 2025 to Feb 9, 202665
- Pine Brook Capital Partners II, L.P.SCHEDULE 13D/A, 3 filings Sep 1, 2023 to Sep 24, 202566
- SOFTBANK GROUP CORP.SCHEDULE 13D/A, 3 filings Sep 1, 2023 to Apr 30, 202567
- LCG4 Best, L.P.SCHEDULE 13D/A, 2 filings Sep 1, 2023 to Mar 21, 202568
- Macquarie GroupSCHEDULE 13G/A, 2 filings Nov 1, 2024 to Feb 7, 202569
- Riaz ValaniSC 13D/A, 1 filing Sep 3, 202470
- 1/0 Mortgage Investment, LLCSC 13D/A, 3 filings Sep 1, 2023 to Jun 4, 202471
- Weiss Asset Management LPSC 13G/A, 3 filings Dec 2, 2021 to Jan 26, 202472
- Goldman SachsSC 13G/A, 4 filings Feb 3, 2022 to Sep 12, 202373
- American ExpressSC 13G, 1 filing Sep 1, 202374
- SB Management LtdSC 13G, 1 filing Feb 14, 202275
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Vishal GargChief Executive Officer | 48 | $450.0K | $26.7M76 |
| 2025 | Paula TuffinGeneral Counsel, Chief Compliance Officer and Secretary | $450.0K | $5.3M76 | |
| 2025 | Chad SmithPresident and Chief Operating Officer of BMC | $533.3K | $5.0M76 | |
| 2024 | Paula TuffinGeneral Counsel, Chief Compliance Officer and Secretary | $750.0K | $1.1M76 | |
| 2024 | Vishal GargChief Executive Officer | 48 | $750.0K | $750.8K76 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 90. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How Better Home & Finance Holding Co is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARBetter Home & Finance Holding Co1
- CIK0001835856
- Employer ID (EIN)93-30299905
- Filer statusAccelerated filer an emerging growth company; a smaller reporting company; not a shell company5
- Incorporated inDelaware5
- Fiscal year endsDecember 311
- Industry code (SIC)6163 Loan Brokers1
- SEC reviewing officeOffice of Finance, Division of Corporation Finance1
- Business address1 World Trade Center, 285 Fulton St, Flr 80, Suite A, New York, NY1
- Phone646-839-00861
- Shares outstanding10,639,547 Common Class A shares; 4,372,800 Common Class B shares; 1,437,545 Common Class C shares as of Mar 2, 20265
- Public float$169.0M as of Jun 30, 20255
- AuditorDeloitte & Touche LLP, New York, NY PCAOB ID 34; no auditor attestation of internal control over financial reporting5
- On EDGAR sinceDec 23, 20201
- Filings651 in all: 4 (229), 8-K (76), 3 (32), DEFA14A (28), DFAN14A (27), CORRESP (22), 144 (21), 425 (19)1
All 52 form types
10-Q (17), SCHEDULE 13D/A (17), UPLOAD (17), SC 13D/A (13), 424B3 (11), SC 13D (10), 4/A (9), S-4/A (9), SC 13G (7), EFFECT (6), SCHEDULE 13G (6), SCHEDULE 13G/A (6), 10-K (5), 8-K/A (5), SC 13G/A (5), 10-Q/A (4), DEF 14A (4), S-1/A (4), S-8 (4), 424B5 (3), PRRN14A (3), 3/A (2), 8-A12B (2), DEFC14A (2), NT 10-K (2), NT 10-Q (2), PRE 14A (2), PREC14A (2), S-1 (2), S-3 (2), 10-K/A (1), 25-NSE (1), 424B4 (1), 8-A12B/A (1), ARS (1), CERT (1), DRS (1), POS AM (1), POS EX (1), PRER14A (1), S-1MEF (1), S-3/A (1), S-4 (1), SCHEDULE 13D (1)
- Latest filingsAnnual report (10-K) Mar 13, 2026
Quarterly report (10-Q) Aug 11, 2026
Proxy statement (DEF 14A) Apr 30, 2026
Latest 8-K (8-K) Oct 14, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Class A Common Stock, par value $0.0001 per share | BETR | The Nasdaq Stock Market LLC |
| Warrants exercisable for one share of Class A Common Stock at an exercise price of $575.00 | BETRW | The Nasdaq Stock Market LLC |
From the cover page of the 10-K filed Mar 13, 2026 (Section 12(b) of the Exchange Act).5
Risk factors and legal proceedings
The risks Better Home & Finance Holding Co names in Item 1A of its 10-K filed Mar 13, 2026: 72 risks under these headings, as written.5
- Risks Related to Our Operating History, Business Model, Growth and Financial Condition
- Our business and results of operations are highly sensitive to interest rate levels and volatility.
- As a result of employee attrition, we have lost certain institutional knowledge and capabilities that has necessitated additional hiring.
- Loss of our key leadership could have a material adverse effect on our business.
- We may not be able to maintain or further develop our loan production business, which could materially and adversely affect our business, financial condition, results of operations and prospects.
- We have a history of operating losses and may not achieve or maintain profitability in the future.
- Our period of rapid growth and subsequent losses makes it difficult to evaluate our future prospects, and we may not be able to grow our revenues or regain profitability in the future.
- Our business depends, in part, on the success of our relationships with third-party vendors and the success of our strategic relationships in allowing us to attract potential customers for and to deliver our products, and our ability to grow our business depends on our ability to continue these relationships.
- We depend on our ability to sell loans and MSRs in the secondary market to a limited number of investors and to the GSEs and other secondary market participants. If our ability to sell loans and MSRs is impaired, we may not be able to originate loans and related MSRs.
- We have been and may in the future be required to repurchase or substitute loans or MSRs that we have sold or indemnify purchasers of our loans or MSRs if we breach representations and warranties.
- We rely heavily on proprietary models and market data to manage risk and operate our business, and model limitations or failures could materially adversely affect our business, financial condition, and results of operations.
- We drive traffic to our website through advertising on financial services websites, search engines, social media platforms and other online sources, and if we fail to appear prominently in the search results or fail to drive traffic through other forms of marketing, our traffic would decline and we may have to spend more to drive traffic and improve our search results, any of which could materially and adversely affect our business, financial condition, results of operations, and prospects.
The other 61 risks
- We may be subject to liability in connection with loans we deliver to third parties, which could materially and adversely affect our business, financial condition, results of operations, and prospects.
- Our expansion into platform-based services for third-party originators may not be successful and could adversely affect our results.
- We have remediated the material weaknesses previously reported in our internal controls over financial reporting, but if we identify additional material weaknesses in the future or fail to maintain an effective system of internal control we may not be able to accurately and timely report our financial results, which may affect investor confidence and cause us to incur additional costs resulting in adverse impacts to our results of operations.
- Better Cover, our property and casualty insurance agency, exposes us to additional risks and regulatory oversight that could materially and adversely affect our business, financial condition, results of operations, and prospects.
- Better Settlement Services’ position as an agent utilizing third-party vendors for issuing a significant amount of title insurance policies could result in title claims directed at Better, which in turn could materially and adversely affect our business, financial condition, results of operations, and prospects.
- Our compliance and risk management policies, procedures and techniques may not be sufficient to identify all of the financial, legal, regulatory, and other risks to which we are exposed, and failure to identify and address such risks could result in substantial losses and material disruption to our business operations.
- Our CEO is involved in litigation that could have a material adverse effect on our revenues, financial condition, cash flows and results of operations.
- Risks Related to Our Market, Industry, and General Economic Conditions
- Our business and our mortgage loan origination revenues are highly dependent on macroeconomic and U.S. residential real estate market conditions, including those affecting the broader mortgage market. Deterioration of such conditions has had, and may continue to have, a negative impact on our loan origination volume, rate of growth and potential to again achieve profitability.
- A disruption in the secondary home loan market would impact our ability to sell the loans that we produce and would have a material adverse effect on our business, financial condition, results of operations, and prospects.
- Our hedging strategies may not be successful in mitigating our risks associated with changes in interest rates, which could materially and adversely affect our earnings.
- Our business is highly dependent on Fannie Mae and Freddie Mac and certain other U.S. government agencies, and any changes in these entities or their current roles could have a material adverse effect on our business.
- Changes in the GSEs’, the FHA’s or the VA’s requirements could materially and adversely affect our business.
- Failure to comply with underwriting guidelines of GSEs or non-GSE loan purchasers or insurers/guarantors could materially and adversely impact our business.
- For further discussion, see “-Risks Related to Our Operating History, Business Model, Growth and Financial Condition-We depend on our ability to sell loans and MSRs in the secondary market to a limited number of investors and to the GSEs and other secondary market participants. If our ability to sell loans and MSRs is impaired, we may not be able to originate loans and related MSRs.”
- Our underwriting guidelines may not be able to accurately predict the likelihood of defaults on the mortgage loans in our portfolio, which could have a material adverse effect on our business, financial condition, liquidity and results of operations.
- Challenges to the Mortgage Electronic Registration System could materially and adversely affect our business, financial condition, results of operations, and prospects.
- Risks Related to Our Global Operations
- Our business operations in the United Kingdom subjects us to laws and regulations with which we have limited experience, which could increase our costs associated with compliance and individually or in the aggregate adversely affect our business.
- We have global operations that could be materially and adversely affected by changes in political or economic stability or by government policies in the U.S., United Kingdom, India or globally.
- Risks Related to Our Products and Our Customers
- We face intense competition that could materially and adversely affect us.
- Our success and ability to develop our business depend on retaining and expanding our customer base. If we fail to add new customers, our business, financial condition or operating results, and prospects could be materially and adversely affected.
- Our business depends heavily on our mortgage loan production business, and our ability to develop, refine, and successfully scale new and existing products.
- Our loans to customers originated outside of Fannie Mae or Freddie Mac guidelines or the guidelines of the FHA or VA involve a high degree of business and financial risk, which can result in substantial losses that could materially and adversely affect our business, financial condition, results of operations, and prospects.
- The geographic concentration of our loan production and factors adversely affecting those geographic areas may adversely affect our financial condition and results of operations.
- The “Better” or “Better Home & Finance” brand may not become as widely known as competitors’ brands and the brand may become tarnished from negative public opinion, which could damage our reputation and materially and adversely affect our earnings.
- Fraud could result in significant financial losses and harm to our reputation.
- We are subject to significant legal and reputational risks and expenses relating to the privacy, use, and security of customer information.
- Risks Related to Our Technology and Intellectual Property
- The success and growth of our business will depend upon our ability to adapt to and implement technological changes, and a failure in our ability to adapt to and implement such changes could have a material and adverse effect on our business, financial condition, results of operations, and prospects.
- Technology disruptions or failures in, and cybersecurity incidents, disruptions or other breaches relating to, our operational, security or fraud-detection systems or infrastructure, or those of third parties with whom we do business, could disrupt our business, cause legal or reputational harm and materially and adversely impact our business, financial condition, results of operations, and prospects.
- Issues related to the development, proliferation and use of AI could give rise to legal and/or regulatory action, damage our reputation or otherwise materially harm our business.
- Our products use third-party software, hardware and services that may be difficult to replace or cause errors or failures of our products that could materially and adversely affect our business, financial condition, results of operations, or prospects.
- Some aspects of our platform include open source software or software that uses open source software and the requirements of or the failure to comply with the terms of one or more of the open source licenses governing the use of such software could materially and adversely affect our business, financial condition, results of operations, and prospects.
- We could be materially and adversely affected if we inadequately obtain, maintain, protect and enforce our intellectual property and proprietary rights and may face allegations that our product offerings or conduct infringes on the intellectual property rights of third parties.
- We may not be able to enforce our intellectual property rights throughout the world, which could have a material adverse effect on our business, results of operations, financial condition and liquidity.
- Risks Related to Our Indebtedness and Warehouse Lines of Credit
- Our debt obligations could materially and adversely affect our business, financial condition, results of operations, and prospects. Our ability to meet our payment obligations under our outstanding indebtedness depends on our ability to generate significant cash flows or obtain external financing in the future. We cannot assure you that we will be able to generate sufficient cash flow or obtain external financing on terms acceptable to us or at all.
- We rely on our warehouse lines to fund loans and otherwise operate our business. If one or more of such facilities is terminated or otherwise becomes unavailable for us to use, we may be unable to find replacement financing at commercially favorable terms, or at all, which could have a material adverse effect on our business.
- Conditions-Our hedging strategies may not be successful in mitigating our risks associated with changes in interest rates, which could materially and adversely affect our earnings.”
- If the value of the collateral underlying certain of our warehouse lines decreases, we could be required to satisfy a margin call, and an unanticipated margin call could have a material adverse effect on our liquidity.
- Borrowings under our finance and warehouse lines expose us to interest rate risk because of variable rates of interest that could materially and adversely impact the financing of our business.
- Risks Related to Our Regulatory Environment
- We operate in a heavily regulated industry, and our loan production and real estate brokerage activities, title and settlement services activities and homeowners insurance agency activities expose us to risks of noncompliance with a large and increasing body of complex laws and regulations at the U.S. federal, state and local levels, which, at times, may be inconsistent.
- We are, and may in the future be, subject to litigation and regulatory enforcement matters from time to time. If the outcomes of these matters are adverse to us, it could materially and adversely affect our business, revenues, financial condition, results of operations, and prospects.
- We are subject to various telecommunications, data protection, AI and privacy laws and regulations, as well as various consumer protection laws, including predatory lending laws, and failure to comply with such laws can result in material adverse effects.
- We did not receive approval from New York state regulators prior to closing of the Business Combination, which could adversely affect our business.
- Our Better Real Estate and Better Settlement Services businesses are subject to significant additional regulation.
- The laws and regulations to which we are subject are constantly evolving, together with the scope of supervision.
- If we do not obtain and maintain the appropriate state licenses, we will not be allowed to produce or service loans or provide other services in some states, which could materially and adversely affect our business, financial condition, results of operations, and prospects.
- The CFPB monitors the loan production and servicing sectors. The CFPB’s monitoring, rule issuance, published guidance, and enforcement actions increase our compliance costs, and failure to comply with federal consumer protection laws, rules and/or regulations, whether actual or alleged, could result in enforcement actions, fines, penalties and the inherent reputational harm that results from such actions.
- The state regulatory agencies, as well as other federal agencies and loan purchasers, continue to be active in their supervision of the loan production and servicing sectors and the results of these examinations may materially and adversely affect our business, financial condition, results of operations, and prospects.
- If we are unable to comply with the TRID rules, our business and operations could be materially and adversely affected, and our plans to expand our lending business could be materially and adversely impacted.
- A failure to comply with laws and regulations regarding our use of telemarketing, including the TCPA, could increase our operating costs and materially and adversely impact our business, financial condition, results of operations, and prospects.
- If new laws and regulations lengthen foreclosure times or introduce new regulatory requirements regarding foreclosure procedures, our operating costs could increase and we could be subject to regulatory action.
- Failure to comply with fair lending laws and regulations could lead to a wide variety of costs and penalties.
- Risks Related to Ownership of Common Stock
- The market price of Class A common stock and Warrants has previously and in the future may continue to decline significantly.
- Vishal Garg, our CEO, controls over 20 percent of our voting power and is able to exert significant influence over the direction of our business, both as our CEO and as a significant stockholder, as well as through our commercial relationships with his various affiliates, which could materially and adversely affect our business, financial condition, results of operations, and prospects.
- The existence of multiple classes of common stock may materially and adversely affect the value and liquidity of Class A Common Stock.
- Future sales, or the perception of future sales, of our Class A common stock in the public market or other financings could cause our stock price to decline.
- The market price of our Class A common stock has been extremely volatile and may continue to be volatile due to numerous circumstances beyond our control.
- We do not expect to pay any cash dividends for the foreseeable future.
- Our directors and management team have limited experience in overseeing a public company.
- Provisions in the Amended and Restated Certificate of Incorporation and the Bylaws and Delaware law might discourage, delay or prevent a change in control of our company or changes in our management and, therefore, depress the market price of our common stock.
- We qualify as an “emerging growth company” and “smaller reporting company,” and the reduced public company reporting requirements applicable to emerging growth companies and smaller reporting companies may make our Common Stock less attractive to investors.
- If analysts do not publish research about our business or if they publish inaccurate or unfavorable research, the price and trading volume of the Company’s securities could decline.
Legal proceedings
We are, from time to time, subject to legal proceedings and claims arising from the normal course of business activities, claims or investigations asserting that some employees are improperly classified under applicable law, and an unfavorable resolution of any of these matters could materially affect our future business, results of operations, financial condition, or cash flows. For example, we are currently party to pending legal claims and proceedings regarding an employee related labor dispute brought forth during the third quarter of 2020. The disputes allege that the Company has failed to pay certain employees for overtime and is in violation of the Fair Labor Standards Act and labor laws in the State of California. The majority of such legal claims and proceedings are in the early stages and, to the extent applicable, have not yet reached the class certification stage and as such the ultimate outcomes cannot be predicted with certainty due to inherent uncertainties in the legal claims and proceedings. As part of the disputes and other legal matters, the Company included an estimated liability of $6.7 million and $8.3 million as of December 31, 2025 and 2024, respectively, on the consolidated balance sheets. A determination in, or settlement of, any legal proceeding relating to classification of our employees could materially and adversely affect our business, financial condition, results of operations, and prospects. In addition, our CEO is, and potentially Better Home & Finance may be, subject to litigation as described above in “Risk Factors—Risks Related to Our Operating History, Business Model, Growth and Financial Condition—Our CEO is involved in litigation that could have a material adverse effect on our revenues, financial condition, cash flows and results of operations.”
The opening of Item 3, Legal Proceedings.5
Sources
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- 24SEC EDGARHugh Frater, Board member
- 25SEC EDGARBhaskar Menon, Board member
- 26SEC EDGARDavid Michael Barse, Board member
- 27SEC EDGARArnaud Massenet, Board member
- 28SEC EDGARHarit Talwar, Board member
- 29SEC EDGARMichael J. Farello, Board member
- 30SEC EDGARPrabhu Narasimhan, Board member
- 31SEC EDGARRiaz Valani, Board member
- 32SEC EDGARSteven Sarracino, Board member
- 33SEC EDGARMichael Edelstein, Board member
- 34SEC EDGARSangeeta Desai, Board member
- 35SEC EDGARShravin Mittal, Board member
- 36SEC EDGARPaula Tuffin, General counsel
- 37SEC EDGARListing notice or transfer
- 38SEC EDGARResults of operations
- 39SEC EDGARResults of operations
- 40SEC EDGARExecutive or director change
- 41SEC EDGARListing notice or transfer
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- 44SEC EDGARExecutive or director change
- 45SEC EDGARExecutive or director change
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- 48SEC EDGARResults of operations
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