Key facts
- This page summarizes SOFTBANK GROUP CORP.'s Form 4 filing for Better Home & Finance Holding Co (BETR).
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 30 Apr 2025, 21:00.
SOFTBANK GROUP CORP. - 28 Apr 2025 Form 4 Insider Report for Better Home & Finance Holding Co (BETR)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- BETR
- Reported as of
- 28 Apr 2025
- Net transaction value
- -$533,884,514
- SEC form
- 4
- Accepted by SEC
- 30 Apr 2025, 21:00:05 UTC
- Prior SEC filing
- 07 Mar 2025
- Next SEC filing
- 08 Dec 2025
- Source filing
- View source filing
- Reporting owner signature
- SoftBank Group Corp., By : /s/ Yuko Yamamoto, Head of Corporate Legal Department
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
SOFTBANK GROUP CORP. filed Form 4 for Better Home & Finance Holding Co (BETR) on 30 Apr 2025.
Change
- Previous filing in this sequence was filed on 07 Mar 2025.
- Current net transaction value: -$533,884,514.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
BETR
transaction
Derivative
Convertible Notes
Other
- Transaction value
- $533,884,514
- Shares
- Change %
- Price
- Shares after
- 0
- Date
- 28 Apr 2025
- Ownership
- By SB Northstar LP
- Underlying class
- Class A Common Stock
- Underlying amount
- 44,490,376
- Exercise price
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
Pursuant to an Exchange Agreement, dated April 12, 2025, SB Northstar LP exchanged $533,884,514 aggregate principal amount of the Convertible Notes for (i) 6.00% senior secured notes due 2028 in the aggregate principal amount of $155,000,000 and (ii) a cash payment of $110,000,000.
Footnote F2
SoftBank Group Corp. is the parent company of Silver Brick Management PTE. LTD., which has been appointed as investment manager of SB Northstar LP and is responsible for making voting and investment decisions with respect to SB Northstar LP's investments. As a result of these relationships, each of these entities may be deemed to share beneficial ownership of the securities held of record by SB Northstar LP.