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Better Home & Finance Holding Co

🌱 Survivor
$BETRFinancial ServicesSPAC Year: 2021

Trust Size

$1.5B

Peak Price

$3145.50

Current Price

$28.99

Return

+189.9%

Price Journey

$10 IPO$3145.50 peak$28.99

What Happened

Better Home & Finance (Better.com) is an AI-powered digital mortgage lender that has funded over $100 billion in loans since 2016, making it one of the largest online mortgage originators.

Better went public in August 2023 through a merger with Aurora Technology Acquisition Corp, but the deal was widely regarded as disastrous. Originally announced at a $7.7 billion valuation in 2021, the merger was repeatedly delayed as mortgage rates surged and the housing market cooled. CEO Vishal Garg became infamous for laying off 900 employees via Zoom. By the time the deal closed, Better had conducted a 1-for-50 reverse stock split and was valued at a fraction of its original SPAC deal.

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Timeline

2021-02-24

S-1 Registration Filed

SEC Filing Details

CIK Number

1835856

Total SEC Filings

490

State of Incorporation

E9

Last Filing Date

2026-03-19

Business Location

Grand Cayman, E9

Trust/Asset Size

$1.5B

Data sourced from SEC EDGAR Company Facts API and EFTS search index.

📄 SEC Filings

View all EDGAR filings for Better Home & Finance Holding Co

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