Startup mortgage lender Better.com has revealed that it is going public through a merger with the special purpose acquisition corporation Aurora Acquisition Corp. So reports TechCrunch.
The deal with the blank-check firm, or so-called SPAC, values Better at $7.7 billion.
Better is backed by the Japanese conglomerate SoftBank, while Aurora is sponsored by the investment firm Novator Capital.
Read the full article from TechCrunch.