Better Home & Finance Holding Company Announces First Half 2023 Results
Previously announced closing of business combination on August 22, 2023; Better Home & Finance Class A common stock and warrants commenced trading on Nasdaq under tickers "BETR" and "BETRW" on August 24, 2023
Business combination with Aurora unlocked approximately $565 million of fresh capital, including a $528 million convertible note and additional common equity
Continued investment in Better's proprietary technology platform, Tinman, to improve mortgage fulfillment efficiency and customer experience
For the six months ended June 30, 2023, Better Home & Finance reported revenue of $51.1 million, net loss of $135.4 million and Adjusted EBITDA of $(82.8) million
Continued chall
