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Better.com Confirms Plans to Go Ahead with Public Offering

Online mortgage lender Better.com has signaled that it is still aiming to hit the public markets via a deal with a blank-check company, or SPAC. So reports TechCrunch.

Better 150x150Better.com asked shareholders in a recent regulatory filing to vote in favor of its mooted combination with Aurora Acquisition Corp., which could leave the merged entity with $750 million in fresh capital.

The disclosure comes as SPAC deal performance has been uninspiring of late, while Better.com has faced a leadership exodus and a lawsuit.

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