Aurora Acquisition Corp.

An expansion of an existing distribution partnership rather than a new one. The Company says it expects the HELOC offering to contribute meaningfully to loan volume and revenue growth over the following several quarters, and its own legend flags that statement as forward-looking. Everything beyond the fact of the amendment is expectation: the report gives no economics, no term and no launch date. Filed two days before the same registrant reported a CEO change.

Mr. Lewis will participate in the non-employee director compensation program described in the April 30, 2026 proxy and is expected to enter the standard indemnification agreement; there are no arrangements or understandings under which he was selected, no family relationships and no Item 404(a) interest. Seven days after this election the same Board appointed him Interim Chief Executive Officer, so the non-employee premise recorded here did not survive the week.

The listing is load-bearing debt covenant as much as market access: if the company cannot maintain its Class A listing on the Nasdaq Capital Market, delisting would require it to redeem the subordinated unsecured 1% convertible note issued in an aggregate principal amount of $528,585,444 under the indenture dated August 22, 2023. A half-billion-dollar redemption triggered by a share price failure is the single largest contingent liability disclosed in this backlog.

More than two years and six amendments after signing, the cover still names no share counts, so the dilution cannot be read from this version. The capital structure changes at the domestication: Aurora's Class A and Class B ordinary shares both convert one-for-one into Better Home Finance Class A common stock, the terms of the Class B common stock are modified so that each share carries three votes, and a new non-voting Class C common stock is created and authorised in whatever number the merger agreement and the ancillary agreements require.

Two years and six amendments after signing, this is still a preliminary proxy with no registered share counts on its cover, and the meeting is an extraordinary general meeting in lieu of the 2023 annual meeting. The capital structure is rebuilt rather than carried over: Class A ordinary shares convert one-for-one, Class B ordinary shares convert into Class A common stock, the Class B common stock is then modified to carry three votes per share, and a new non-voting Class C common stock of $0.0001 par value is created and authorised as the agreements require.

Two years after the merger agreement was signed and seven amendments in, the prospectus cover still states no share counts — it registers shares of Class A, Class B and Class C common stock and redeemable warrants without quantifying any of them, so the dilution cannot be read from this version. The meeting is an extraordinary general meeting in lieu of the 2023 annual meeting. A three-class common stock structure is created at the domestication, so voting power is divided by class rather than held in one.

The cover registers Class A, Class B and Class C common stock and redeemable warrants of the domesticated entity and states no number for any of them; the share counts are blank. What the Domestication itself does is convert Aurora's own capital: each then-issued and outstanding Class A ordinary share converts automatically, one-for-one, into a share of Class A common stock. The agreement being voted on dates from May 10, 2021 and has been amended three times, so its operative terms sit in Annexes A-1, A-2 and A-3 as much as in Annex A.

The cover registers four securities and states an amount for none of them: shares of Class A, Class B and Class C common stock and redeemable warrants, each unquantified, so nothing on the face of this fifth amendment supports a share count or a transaction size. The vote is an extraordinary general meeting held in lieu of the 2022 annual meeting, combining deal approval with deferred annual business. The registrant's Standard Industrial Classification code is printed as 73709, five digits where the classification uses four.

The cover registers four securities and states an amount for none of them: it reads shares of Class A common stock, shares of Class B common stock, shares of Class C common stock, and redeemable warrants, with every count absent as printed. Nothing about the size of the issuance can be taken from this version. The three-class structure is itself the point — a domesticating SPAC creating Class B and Class C common stock alongside Class A implies differentiated voting or economic rights for the target's holders that a single share count would not reveal.

The Aggregate Merger Consideration is unchanged as well — $950,000,000 in cash as adjusted, plus a number of Class A, Class B or Class C shares equal to 595,000,000 less the shares issuable on net exercise or conversion of the Better Awards — so this amendment moves the document's date without moving its economics. The two cover clauses still conflict: one converts Aurora's Class B ordinary shares one-for-one into Class A common stock, the other modifies the Class B terms so each share carries three votes.

Those covered securities are Aurora's existing capital converting, not consideration to Better: the Aggregate Merger Consideration is $950,000,000 in cash as adjusted plus a Stock Consideration of 595,000,000 shares less the shares issuable on net exercise or conversion of the Better Awards. Class B carries three votes per share and a new non-voting Class C is created. The cover also states that Aurora's Class B ordinary shares convert one-for-one into Class A common stock while separately modifying the Class B terms, so those two clauses cannot both be read literally.

A holder cannot size any part of this issuance from the cover: four securities are offered and every count is blank. The structure creates three classes of common stock rather than the usual two, so voting and economic rights are divided three ways before any number is disclosed. The registrant is a Cayman Islands company headquartered in London that becomes a Delaware corporation at closing, and the Primary Standard Industrial Classification Code field on the cover carries 73709.

The second line dwarfs everything else: 622,302,019 Class A shares issuable on conversion of Class B and Class C common stock and on exercise of warrants, RSUs and options, against 34,750,359 shares of Class A registered outright. Priced at the same $9.92 that is nearly eighteen times the first line and $5,223,236,028.48 of the $5,647,998,663.36 total. The redeemable warrants are registered at $13.175 each, well above the share price used elsewhere in the same table.

What changed: Better Home Finance Holding Company issued a press release on August 18, 2026 announcing that it has filed a complaint in the U.S. District Court for the Southern District of New York against its former Chief Executive Officer Vishal Garg. Why it matters: A consent solicitation to replace the board is underway and the company is contesting its validity rather than its merits — if the court voids the consents already gathered, the count restarts. Shareholders are told to take no action at this time, and the company's own revocation statement has not yet been filed.

What changed: DEFA14A (soliciting material) of Better Home Finance Holding Company (Nasdaq: BETR), filed under Aurora Acquisition Corp's CIK, attaching an August 17, 2026 press release. The Board states it voted unanimously two weeks earlier, without Vishal Garg participating, to remove him as CEO and begin a search for a successor, and that Mr. Garg is now soliciting shareholders to replace a majority of the Board and return himself to an executive role. Why it matters: A contested written-consent solicitation to remove directors is under way at the post-combination company, and the company's response document is not yet filed. Every characterisation of Mr. Garg's conduct and vote count in this release is the Board's assertion in a solicitation document, including the cited $1.5 billion of losses since 2022 and 90% share decline.

What changed: The 10-Q filed under Commission file number 001-40143 is that of Better Home Finance Holding Company (Nasdaq: BETR, warrants exercisable at $575.00) for the quarter ended June 30, 2026, with 13,243,928 Class A, 4,317,106 Class B and 1,437,545 Class C shares outstanding as of July 31, 2026. Why it matters: The company names two separate Nasdaq compliance questions — a listing rule with a cure period and the board independence requirement — alongside a leadership transition, in the same quarter it is contesting a consent solicitation by its former chief executive. The condensed financial statements are not in the portion read here.