Home > Insider Trading > Filing (0001104659-24-121628)

Filing Details

Accession Number:: 0001104659-24-121628
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-11-21 17:49:47
Reporting Period:: 2024-10-31

Accepted Time:: 2024-11-21 17:49:47
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1835856	Better Home & Finance Holding Co	BETR	Loan Brokers (6163)	933029990

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1851865	Ltd. Sponsor Capital Novator	20 North Audley Street London X0 W1K 6LX		No	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Ordinary Shares	Disposition	2024-10-31	650,000	$0.00	266,162	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Warrant (right to buy)	Disposition	2024-11-13	45,800	$0.00	45,800	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0			No	4	S	Direct

Footnotes

Novator Capital Sponsor Ltd, a Cyprus limited liability company (the "Reporting Person") is indirectly 99.9% owned by The Future Holdings Trust ("FHT") for which BB Trustees SA acts as trustee. On October 31, 2024, the Reporting Person transferred 650,000 shares of Class A common stock of Better Home & Finance Holding Company (f/k/a Aurora Acquisition Corp.) (the "Issuer") to another entity that is indirectly 99.9% owned by FHT, Livenandro Holdings Limited, a Cyprus limited company ("Livenandro") at a price per share of $15.58. Thor Bjorgolfsson may be deemed to have dispositive and voting control over the securities held by each of Livenandro and the Reporting Person. Mr. Bjorgolfsson disclaims beneficial of such securities. Mr. Bjorgolfsson files Section 16(a) reports separately to report securities of the Issuer that he may be deemed to beneficially own. The transfer did not result in a change in Mr. Bjorgolfsson 's pecuniary interest in the Class A Ordinary Shares.
On November 13, 2024, the Reporting Person transferred to Livenandro 45,800 warrants to purchase Class A Common Stock of the Issuer (the "Warrants") at a price per Warrant of $0.07. The transfer did not result in a change in Mr. Bjorgolfsson 's pecuniary interest in the Warrants.
On August 16, 2024, the Issuer effected a 1-for-50 reverse stock split of its Class A common stock (the "Reverse Stock Split"), which is reflected in the Reporting's Person's number of securities beneficially owned reported in this filing. As adjusted for the Reverse Stock Split, each Warrant is exercisable to purchase one share of Class A common stock at a price of $575.00 per share, subject to adjustment. The Warrants expire on August 22, 2028,.