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    Aurora Acquisition Corp. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

    2/7/24 4:57:01 PM ET
    $AURC
    Finance: Consumer Services
    Finance
    Get the next $AURC alert in real time by email
    betr-20240201
    0001835856False00018358562024-02-012024-02-010001835856us-gaap:CommonClassAMember2024-02-012024-02-010001835856us-gaap:WarrantMember2024-02-012024-02-01

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549
    FORM 8-K
    CURRENT REPORT
    Pursuant to Section 13 or 15(d)
    of the Securities Exchange Act of 1934
    Date of Report (Date of earliest event reported): February 1, 2024
    Better Home & Finance Holding Company
    (Exact name of registrant as specified in its charter)
    Delaware001-4014393-3029990
    (State or other jurisdiction of
    incorporation or organization)
    (Commission File Number)
    (I.R.S. Employer Identification
    Number)
    3 World Trade Center
    175 Greenwich Street, 57th Floor
    New York,
    NY
    10007
    (Address of principal executive offices) (Zip Code)
    (415) 523-8837
    Registrant’s telephone number, including area code
    N/A
    (Former name or former address, if changed since last report)
    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
    ☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
    Securities registered pursuant to Section 12(b) of the Act:
    Title of each classTrading Symbol(s)Name of each exchange on which registered
    Class A common stock, par value $0.0001 per shareBETRThe Nasdaq Stock Market LLC
    Warrants exercisable for one share of Class A common stock at an exercise price of $11.50BETRWThe Nasdaq Stock Market LLC
    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
    Emerging growth company ☒
    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐



    Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
    On February 1, 2024, the Board of Directors (the “Board”) of Better Home & Finance Holding Company (the “Company”) approved grants of restricted stock units (the “RSUs”) under the Better Home & Finance Holding Company 2023 Incentive Equity Plan (the “Plan”) to each of Kevin Ryan, the Company’s Chief Financial Officer and President, and Paula Tuffin, the Company’s General Counsel and Chief Compliance Officer. Mr. Ryan received a grant of 3,088,000 RSUs and Ms. Tuffin received a grant of 129,600 RSUs, each of which immediately vested in full on the date of grant. The RSUs are subject to the other terms and conditions set forth in the Plan and the award agreement documenting the grant.
    The foregoing description of the RSUs and the Plan is qualified in its entirely by reference to the Form of Restricted Stock Unit Award Agreement and Grant Notice attached to this Current Report on Form 8-K and filed herewith as Exhibit 10.1, and the Plan filed as Exhibit 10.5 to the Company’s Current Report on Form 8-K, as filed with the SEC on August 28, 2023, which Exhibit is incorporated herein by reference.

    Item 9.01     Financial Statements and Exhibits.
    (d)    Exhibits:
    ExhibitDescription
    10.1
    Form of Restricted Stock Unit Award Agreement and Grant Notice
    104Cover Page Interactive Data File (formatted as Inline XBRL)



    SIGNATURE
    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
    BETTER HOME & FINANCE HOLDING COMPANY
    Date: February 7, 2024By:
    /s/ Kevin Ryan
    Name:
    Kevin Ryan
    Title:
    President and Chief Financial Officer

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