Item 4.01 Changes in Registrant's Certifying Accountant
Dismissal of Former Independent Registered Public Accounting Firm
The Audit Committee (the "Audit Committee") of the Board of Directors of Better Home & Finance Holding Company (the "Company") conducted a comprehensive process to determine the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026.
As a result of this process, following the review and evaluation of the proposals from participating firms, on March 16, 2026, the Audit Committee approved the dismissal of Deloitte & Touche LLP ("Deloitte") as the Company's independent registered public accounting firm. This dismissal is effective immediately.The Company also informed Deloitte of their dismissal on March 16, 2026. Deloitte has served as the Company's independent registered public accounting firm since 2020.
Deloitte's audit reports on the Company's consolidated financial statements as of and for the fiscal years ended December 31, 2025 and December 31, 2024 did not contain any adverse opinion or a disclaimer of opinion, and were not qualified or modified as to uncertainty, audit scope or accounting principles.
During the fiscal years ended December 31, 2025 and December 31, 2024, and in the subsequent interim period through March 16, 2026, (i) there were no disagreements (within the meaning of Item 304(a)(1)(iv) of Regulation S-K with Deloitte on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure that if not resolved to Deloitte's satisfaction, would have caused Deloitte to make reference thereto in its reports; and (ii) there were no reportable events (as defined by Item 304(a)(1)(v) of Regulation S-K), except for the material weaknesses in the Company's internal control over financial reporting previously disclosed in Part II, Item 9A of the Company's Annual Report on Form 10-K for the year ended December 31, 2024 (the "material weaknesses"). The Audit Committee has discussed the material weaknesses with Deloitte, and the Company has authorized Deloitte to fully respond to the inquiries of the successor accountant concerning the material weaknesses. As of December 31, 2025, the Company concluded that such material weaknesses were remediated.
The Company provided Deloitte with a copy of the foregoing disclosures and requested that Deloitte provide a letter addressed to the SEC stating whether it agrees with such disclosures. A copy of Deloitte's letter dated March 19, 2026 is filed as Exhibit 16.1 to this Current Report on Form 8-K.
Appointment of New Independent Registered Public Accounting Firm
As a result of the comprehensive process noted above, on March 16, 2026, the Audit Committee appointed BDO USA, P.C. ("BDO") as the Company's new independent registered public accounting firm, to be effective upon the execution of an engagement letter following completion of BDO's client acceptance procedures. On March 18, 2026, the Company and BDO executed an engagement letter formally engaging BDO as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026 and interim periods.
During the Company's two most recent fiscal years ended December 31, 2025 and December 31, 2024, and for the subsequent interim period through March 18, 2026, neither the Company nor anyone on its behalf consulted BDO regarding any of the matters set forth in Item 304(a)(2)(i) or (ii) of Regulation S-K.