An amendment to the Schedule 13D filing with the United States Securities and Exchange Commission has been made by Better Home & Finance Holding, indicating changes in the beneficial ownership of its Class A Common Stock. The amendment, dated June 3, 2024, reflects updates to the ownership stakes of 1/0 Mortgage Investment LLC and Better Portfolio Holdings 1 LLC, as well as individual investor Riaz Valani. As of June 2, 2024, 1/0 Mortgage Investment LLC holds 15,276,317 shares, and Better Portfolio Holdings 1 LLC holds 17,130,931 shares of Class B Common Stock, convertible into Class A shares on a one-for-one basis. Riaz Valani, who is associated with both entities, is reported to beneficially own 25,287,014 shares of Class A Common Stock, representing approximately 6.3% of the outstanding shares. However, following his resignation...Show More

An amendment to the Schedule 13D filing with the United States Securities and Exchange Commission has been made by Better Home & Finance Holding, indicating changes in the beneficial ownership of its Class A Common Stock. The amendment, dated June 3, 2024, reflects updates to the ownership stakes of 1/0 Mortgage Investment LLC and Better Portfolio Holdings 1 LLC, as well as individual investor Riaz Valani. As of June 2, 2024, 1/0 Mortgage Investment LLC holds 15,276,317 shares, and Better Portfolio Holdings 1 LLC holds 17,130,931 shares of Class B Common Stock, convertible into Class A shares on a one-for-one basis. Riaz Valani, who is associated with both entities, is reported to beneficially own 25,287,014 shares of Class A Common Stock, representing approximately 6.3% of the outstanding shares. However, following his resignation as a manager of Better Portfolio Holdings 1 LLC on June 3, 2024, he will no longer be deemed to beneficially own the securities held by the LLC. The filing also includes a record of recent transactions, including the transfer of Class B Common Stock to the Green Trust and a family member, and the sale of Class A shares in the open market between May 24 and May 31, 2024.