Novator Capital Sponsor Ltd. - Aug 22, 2023 Form 4/A - Amendment Insider Report for Better Home & Finance Holding Co (BETR)

Role: 10%+ Owner
Signature: /s/ Pericles Spyrou, Director
Stock symbol: BETR
Transactions as of: Aug 22, 2023
Transactions value $: $0
Form type: 4/A - Amendment
Date filed: 10/20/2023, 04:16 PM
Date Of Original Report: Aug 24, 2023
Next filing: Nov 21, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	BETR	Warrant (right to buy)	Other		+2.29M	+229001400%		2.29M	Aug 22, 2023	Class A Common Stock	2.29M	$11.50	Direct	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	On August 24, 2023, the reporting person filed a Form 4 which reported that, in connection with the completion of the Issuer's (as defined below) initial business combination (the "Business Combination") pursuant to the Agreement and Plan of Merger (as amended, the "Merger Agreement"), dated May 10, 2021, by and among Aurora Acquisition Corp. ("Aurora"), Aurora Merger Sub I, Inc., and Better Holdco Inc. ("Better"), outstanding warrants to purchase Class A ordinary shares of Aurora automatically converted into warrants to purchase shares of the Issuer's Class A Common Stock (each, an "Issuer Warrant") for no additional consideration. As part of the Business Combination, Aurora changed its name to Better Home & Finance Holding Company (the "Issuer").
F2	This amended Form 4 is filed solely to correct the number of Issuer Warrants held by the Reporting Person following the completion of the Business Combination. The previously filed Form 4 incorrectly reported holdings of 4,005,029 Issuer Warrants, whereas, as reported in this amendment, the Reporting Person held (and continues to hold) 2,290,015 Issuer Warrants. The Reporting Persons forfeited 2,290,014 Warrants in connection with the Business Combination, as required by a letter agreement entered into between Sponsor and the Issuer dated November 9, 2021.
F3	The Issuer Warrants have an exercise price of $11.50 and will expire on August 22, 2028, five years from the completion of the Business Combination, or earlier upon redemption or liquidation.