Summary by Futu AI
Better Home & Finance Holding has filed Prospectus Supplement No. 7 under Rule 424(b)(3) with the SEC, updating its previous prospectus dated May 9, 2024. The supplement details a primary offering of up to 9,808,405 shares and a secondary offering of up to 414,050,751 shares of Class A Common Stock, including shares issuable upon conversion of Class B and C stock and exercise of warrants. The supplement also includes information from the company's Current Report on Form 8-K filed on September 9, 2024. The report indicates that following a 1-for-50 reverse stock split effective August 16, 2024, the company's stock and warrants are listed on the Nasdaq under the symbols 'BETR' and 'BETRW', respectively. On September 9, 2024, the closing prices were $16.90 per share and $0.08 per warrant. The company has regained compliance with Nasdaq's minimum bid price requirement as of September 3, 2024, after previously being notified of non-compliance in October 2023.