Estimated reading time: 0 minutes, 27 seconds

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.

Read the full article from TechCrunch

Read 894 times
Rate this item
(0 votes)

FOLLOW US

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.