Better Home & Finance Holding Co (BETR) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
BETR currently has 10.6M outstanding shares. with limited dilution risk as only 211K additional shares (2.0%) are authorized for issuance. The company has significantly diluted shareholders by 5378.81% over the past 2 years, indicating aggressive capital raising. Recent corporate actions include 2 stock splits (positive for accessibility) and 2 reverse splits (concerning signal).
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Apr 17, 2026 |
S-3 filing: This S-3 filing registers for resale 211,312 shares of Class A Common Stock held by a selling stockholder, obtained via warrant exercise, with the company not receiving any proceeds from the sale. |
11M | 210K |
| Apr 09, 2026 |
8-K filing: The Company consummated an underwritten public offering of 2,156,250 shares of Class A common stock at a price of $32.00 per share, receiving $66,067,500 in aggregate net proceeds. ($69.0M proceeds) |
11M | 0 |
| Mar 13, 2026 |
10-K filing | 10.6M shares outstanding |
11M | 0 |
| Nov 13, 2025 |
10-Q filing | 9.9M shares outstanding |
9.9M | 0 |
| Aug 13, 2025 |
10-Q filing | 9.4M shares outstanding |
9.4M | 0 |
| Jun 04, 2025 |
S-3/A filing: The company may offer and sell various securities, including Class A common stock, preferred stock, depositary shares, warrants, subscription rights, debt securities, and purchase contracts, as well as units that include any of these securities, up to an aggregate initial offering price of $200,000,000. |
9.7M | 0 |
| May 16, 2025 |
S-3 filing: The filing registers an indeterminate number of various securities, including common stock, preferred stock, depositary shares, warrants, subscription rights, debt securities, purchase contracts, and units, up to a maximum aggregate offering price of $200,000,000. |
9.7M | 0 |
| May 14, 2025 |
10-Q filing | 9.7M shares outstanding |
9.7M | 0 |
| Mar 19, 2025 |
10-K filing | 9.2M shares outstanding |
9.2M | 0 |
| Nov 14, 2024 |
10-Q filing | 8.5M shares outstanding |
8.5M | 0 |
| Aug 19, 2024 |
Stock Split
8-K filing: Stock split 1-for-50 | Outstanding: 7,838,094 → 156,761 |
160K | 0 |
| Aug 16, 2024 |
Stock Split
8-K filing: Stock split 1-for-50 | Outstanding: 391,904,734 → 7,838,094 |
7.8M | 0 |
| Aug 14, 2024 |
10-Q filing | 424.8M shares outstanding |
420M | 0 |
| May 15, 2024 |
10-Q filing | 391.9M shares outstanding |
390M | 0 |
| Apr 29, 2024 |
POS AM filing: This is a filing for Class A Common Stock underlying Warrants with an exercise price of $11.50. |
390M | 0 |
| Apr 08, 2024 |
10-K filing | 391.2M shares outstanding |
390M | 0 |
| Dec 20, 2023 |
S-1/A filing: This S-1/A filing from Better Home & Finance describes the offering price of Class A common stock underlying warrants, including public and private warrants, based on an exercise price of $11.50 per share. It also mentions that the Selling Securityholders may sell Class A common stock or Private Warrants under this prospectus. |
360M | 0 |
| Dec 13, 2023 |
S-1/A filing: The filing relates to the offering price determination of Better Home & Finance Class A common stock underlying the Warrants, including the Public Warrants and Private Warrants, offered hereby by us, which is determined by reference to the exercise price of the Warrants of $11.50 per share. |
360M | 0 |
| Nov 14, 2023 |
10-Q filing | 356.4M shares outstanding |
360M | 0 |
| Aug 28, 2023 |
8-K filing: Better Home & Finance entered into several agreements including a Registration Rights Agreement, a Novator Exchange Agreement where the Sponsor exchanged a Pre-Closing Bridge Note for 40,000,000 shares of Class A common stock at $2.50 per share, a Sponsor Purchase Agreement where the Sponsor purchased 1.7 million shares of Class A common stock for $17 million, and issued Convertible Notes to SoftBank in the aggregate principal amount of $528,585,444. ($17.0M proceeds) |
7M | 0 |
| Aug 04, 2023 |
10-Q filing | 7.0M shares outstanding |
7M | 0 |
| May 12, 2023 |
10-Q filing | 7.0M shares outstanding |
7M | 0 |
| Apr 17, 2023 |
10-K filing | 3.5M shares outstanding |
3.5M | 0 |
| Nov 14, 2022 |
10-Q filing | 3.5M shares outstanding |
3.5M | 0 |
| Aug 15, 2022 |
10-Q filing | 3.5M shares outstanding |
3.5M | 0 |
| May 16, 2022 |
10-Q filing | 3.5M shares outstanding |
3.5M | 0 |
| Mar 25, 2022 |
10-K filing | 3.5M shares outstanding |
3.5M | 0 |
| Nov 15, 2021 |
10-Q filing | 3.5M shares outstanding |
3.5M | 0 |
| Aug 11, 2021 |
10-Q filing | 3.5M shares outstanding |
3.5M | 0 |
| May 26, 2021 |
10-Q filing | 3.5M shares outstanding |
3.5M | 0 |
| Mar 12, 2021 |
8-K filing: Aurora Acquisition Corp. consummated its initial public offering of 22,000,000 units and issued an additional 2,300,287 units pursuant to an over-allotment option, generating gross proceeds of $23,002,870. Concurrently, the company closed two private placements generating $41,400,000 in additional gross proceeds, including the issuance of 3,500,000 units and 4,266,667 private placement warrants, and an additional 306,705 private placement warrants. ($29.86M proceeds) |
N/A | 0 |
| Mar 09, 2021 |
8-K filing: Aurora Acquisition Corp. consummated its initial public offering of 22,000,000 units and the Sponsor and certain executive officers and directors purchased 4,266,667 warrants to purchase Class A ordinary shares for $1.50 per warrant and purchased 3,500,000 units at a price of $10.00 per unit. ($261.4M proceeds) |
N/A | 0 |
| Mar 08, 2021 |
8-K filing: Aurora Acquisition Corp. consummated its initial public offering of 22,000,000 units at $10.00 per unit, generating gross proceeds of $220,000,000. Concurrently, the company closed private placements with its sponsor and certain executives and directors, generating $41,400,000 in additional gross proceeds. ($261.4M proceeds) |
N/A | 0 |
| Feb 24, 2021 |
S-1/A filing: This is an S-1/A filing related to an offering of units consisting of Class A ordinary shares and warrants. |
N/A | 0 |
| Feb 12, 2021 |
S-1 filing: This S-1 filing highlights information about the company, the offering of Class A ordinary shares and warrants, and selected information contained in the prospectus. |
N/A | 0 |