Better Home & Finance Holding Company

03/07/2025 | Press release | Distributed by Public on 03/07/2025 20:00

Statement of Changes in Beneficial Ownership (Form 4)

FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
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(Print or Type Responses)
1. Name and Address of Reporting Person *
SOFTBANK GROUP CORP.
2. Issuer Name and Ticker or Trading Symbol
Better Home & Finance Holding Co [BETR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
1-7-1, KAIGAN,
3. Date of Earliest Transaction (Month/Day/Year)
12/09/2024
(Street)
MINATO-KU TOKYO, M0 105-7537
4. If Amendment, Date Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 12/09/2024 C 628,553(1) A (2) 628,553(1) I By SVF II Beaver (DE) LLC(3)
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Common Stock (2) 12/09/2024 C 628,553(1) (2) (2) Class A Common Stock 628,553(1) $ 0 137,545(1) I By SVF II Beaver (DE) LLC(3)

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SOFTBANK GROUP CORP.
1-7-1, KAIGAN
MINATO-KU TOKYO, M0 105-7537
X
SB Global Advisers Ltd
69 GROSVENOR STREET
LONDON,, X0 W1K 3JP
X
SOFTBANK VISION FUND II-2 L.P.
C/O GEN II (JERSEY) LIMITED,
47 ESPLANADE
ST. HELIER,, Y9 JE1 0BD
X
SVF II Aggregator (Jersey) L.P.
C/O GEN II (JERSEY) LIMITED,
47 ESPLANADE
ST. HELIER,, Y9 JE1 0BD
X
SVF II Holdings (DE) LLC
251 LITTLE FALLS DRIVE
WILMINGTON,, DE 19808
X
SVF II Beaver (DE) LLC
251 LITTLE FALLS DRIVE
WILMINGTON,, DE 19808
X
Silver Brick Management PTE. LTD.
138 MARKET STREET #27-01A
CAPITAGREEN,, U0 048926
X
SB Management Ltd
C/O WALKERS, 190 ELGIN AVENUE
GEORGE TOWN,
GRAND CAYMAN,, E9 KY1-9008
X

Signatures

SoftBank Group Corp., By : /s/ Yuko Yamamoto, Head of Corporate Legal Department 03/07/2025
**Signature of Reporting Person Date
SB Global Advisers Limited, By : /s/ Stephen Lam, General Counsel 03/07/2025
**Signature of Reporting Person Date
SoftBank Vision Fund II-2 L.P., By : /s/ SB Global Advisers Limited, its Manager, By : /s/ Stephen Lam, General Counsel 03/07/2025
**Signature of Reporting Person Date
SVF II Aggregator (Jersey) LP, By : /s/ Michael Johnson, Director 03/07/2025
**Signature of Reporting Person Date
SVF II Holdings (DE) LLC, By : /s/ Jonathan Duckles, Director 03/07/2025
**Signature of Reporting Person Date
SVF II Beaver (DE) LLC, By : /s/ Jonathan Duckles, Director 03/07/2025
**Signature of Reporting Person Date
Silver Brick Management PTE. LTD., By : /s/ Kozo Aramaki, Director 03/07/2025
**Signature of Reporting Person Date
SB Northstar LP By : /s/ Stephen Lam, Director 03/07/2025
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Reflects a 1-for-50 reverse stock split effected by the Issuer on August 16, 2024, which was exempt from reporting pursuant to Rule 16a-9.
(2) Each outstanding share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock or Class C Common Stock. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, except for certain permitted transfers, whether or not for value.
(3) SoftBank Group Corp., which is a publicly traded company listed on the Tokyo Stock Exchange, is the sole shareholder of SB Global Advisers Limited, which has been appointed as manager and is responsible for making final decisions related to the acquisition, structuring, financing and disposal of SoftBank Vision Fund II-2 L.P.'s investments, including as held by SVF II Beaver (DE) LLC. SoftBank Vision Fund II-2 L.P. is the sole limited partner of SVF II Aggregator (Jersey) L.P., which is the sole member of SVF II Holdings (DE) LLC, which is the sole member of SVF II Beaver (DE) LLC. As a result of these relationships, each of these entities may be deemed to share beneficial ownership of the securities held of record by SVF II Beaver (DE) LLC.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.