Better Home & Finance Holding Company Appoints New CFO and Provides Capital Strategy Update

2025-12-22SEC Filing 8-K (0001628280-25-058397)

Better Home & Finance Holding Company announced the appointment of Loveen Advani as Chief Financial Officer, effective February 2, 2026. Mr. Advani, with extensive experience in finance roles at Zeta Global Holdings Corp., LivePerson, Inc., Inovalon Holdings, Inc., Aetna, and IBM Corporation, will also serve as the principal financial and accounting officer. His compensation package includes an annual base salary of $450,000, a target bonus of 100% of his base salary, and grants of restricted stock units (RSUs) and performance restricted stock units (PSUs) with specific vesting conditions tied to time and company performance goals. The company also provided an update on its capital strategy, noting that as of December 19, 2025, it had sold over $35 million of its Class A common stock under its at-the-market (ATM) equity offering program. Better Home & Finance Holding Company is actively exploring financing options to reduce its reliance on the ATM program and minimize potential dilution, including discussions with lenders for higher advance rates on its loan production.

Ticker mentioned:BETR