On October 6, 2026, Better Home & Finance Holding Company filed a Current Report on Form 8-K announcing the termination of its Rights Agreement and the elimination of its Series A Junior Participating Preferred Stock.
The Company entered into Amendment No. 1 to the Rights Agreement with Computershare Trust Company, N.A., as rights agent. The amendment accelerated the expiration date for rights to purchase shares of the Company’s Class A, Class B, and Class C common stock. Under the original terms, these rights were set to expire following the Company’s 2027 annual meeting of stockholders. The amendment moved the expiration date to the close of business on October 6, 2026.
As a result of the amendment, all outstanding Rights expired and became unexercisable, and the Rights Agreement terminated. The Company noted that no shares of the Series A Junior Participating Preferred Stock were issued or outstanding at the time the amendment was executed.
Following the termination of the Rights Agreement, the Company filed a Certificate of Elimination with the Secretary of State of Delaware. This filing eliminated the Preferred Shares and returned the shares designated as Preferred Shares to the status of authorized but unissued and undesignated shares of the Company’s preferred stock.
The Company also filed a Certificate of Designation with the Secretary of State on August 20, 2026, to establish the Preferred Shares in connection with the adoption of the Rights Agreement. The elimination of these shares was filed on October 7, 2026.
