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Better Therapeutics

Closed (deSPAC)

Health Care · prescription digital therapeutics for cardiometabolic diseas

What it is
Therapeutics Better Therapeutics is a prescription digital therapeutics (PDT) company developing a novel form of cognitive behavioral therapy (CBT) to address the root causes of cardiometabolic diseases
What it’s doing now
Merging with Mountain Crest Acquisition Corp II (MCAD) — closed (despac).
What you should know
Data is still being assembled for this company — what is shown below is everything we have verified so far.

The business, per its filings

SEC primary

Therapeutics Better Therapeutics is a prescription digital therapeutics (PDT) company developing a novel form of cognitive behavioral therapy (CBT) to address the root causes of cardiometabolic diseases. The company has developed a proprietary platform for the development of FDA-regulated, software-based solutions for type 2 diabetes, heart disease and other conditions. The CBT delivered by Better Therapeutics’ PDT is designed to enable changes in neural pathways of the brain so lasting changes in behavior become possible. Addressing the underlying causes of these diseases has the potential to dramatically improve patient health while lowering healthcare costs. Better Therapeutics’ clinically validated mobile applications, if authorized for marketing, are intended to be prescribed by physicians and reimbursed like traditional medicines. For more information visit: bettertx.com

Source: S-4/A, accession 0001104659-21-123938

What the company says about itself

Web research — not audited
What our web check found

[WEB-INTEL 2026-08-26] 4 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The transaction includes a $50 million private investment in public equity (PIPE)" [https://www.businesswire.com/news/home/20210407005486/en/Better-Therapeutics-to-Become-Publicly-Traded-Prescription-Digital-Therapeutics-Company-via-Merger-with-Mountain-Crest-Acquisition-Corp.-II] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Better Therapeutics expects $113M SPAC merger to go through in October" [https://www.mcacquisition.com/Mountain-Crest-II/default.aspx] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Better Therapeutics announced today that it expects its merger with Mountain Crest Acquisition Corp to close next month. $113M SPAC merger" [https://www.drugdeliverybusiness.com/better-therapeutics-expects-113m-spac-merger-to-go-through-in-october/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "raising up to $113 million to advance its robust pipeline of products to treat ..." [https://www.goodwinlaw.com/en/news-and-events/news/2021/04/04_07-better-therapeutics-to-become-publicly] [WEB-INTEL 2026-08-26] 1 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Better Therapeutics expects $113M SPAC merger to go through in October" [https://www.mcacquisition.com/Mountain-Crest-II/default.aspx] [WEB-INTEL 2026-08-26] 4 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The transaction includes a $50 million private investment in public equity (PIPE)" [https://www.businesswire.com/news/home/20210407005486/en/Better-Therapeutics-to-Become-Publicly-Traded-Prescription-Digital-Therapeutics-Company-via-Merger-with-Mountain-Crest-Acquisition-Corp.-II] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "raising up to $113 million to advance its robust pipeline of products to treat ..." [https://www.goodwinlaw.com/en/news-and-events/news/2021/04/04_07-better-therapeutics-to-become-publicly] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Better Therapeutics expects $113M SPAC merger to go through in October" [https://www.mcacquisition.com/Mountain-Crest-II/default.aspx] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "$113M SPAC merger" [https://www.drugdeliverybusiness.com/better-therapeutics-expects-113m-spac-merger-to-go-through-in-october/] [WEB-INTEL 2026-08-26] 4 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The transaction includes a $50 million private investment in public equity (PIPE)" [https://www.businesswire.com/news/home/20210407005486/en/Better-Therapeutics-to-Become-Publicly-Traded-Prescription-Digital-Therapeutics-Company-via-Merger-with-Mountain-Crest-Acquisition-Corp.-II] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "raising up to $113 million to advance its robust pipeline of products to treat ..." [https://www.goodwinlaw.com/en/news-and-events/news/2021/04/04_07-better-therapeutics-to-become-publicly] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Better Therapeutics expects $113M SPAC merger to go through in October" [https://www.mcacquisition.com/Mountain-Crest-II/default.aspx] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Better Therapeutics announced today that it expects its merger with Mountain Crest Acquisition Corp to close next month. $113M SPAC merger" [https://www.drugdeliverybusiness.com/better-therapeutics-expects-113m-spac-merger-to-go-through-in-october/] [WEB-INTEL 2026-08-26] 4 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The transaction includes a $50 million private investment in public equity (PIPE)" [https://www.businesswire.com/news/home/20210407005486/en/Better-Therapeutics-to-Become-Publicly-Traded-Prescription-Digital-Therapeutics-Company-via-Merger-with-Mountain-Crest-Acquisition-Corp.-II] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "raising up to $113 million to advance its robust pipeline of products to treat" [https://www.goodwinlaw.com/en/news-and-events/news/2021/04/04_07-better-therapeutics-to-become-publicly] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Better Therapeutics expects $113M SPAC merger to go through in October" [https://www.mcacquisition.com/Mountain-Crest-II/default.aspx] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Better Therapeutics announced today that it expects its merger with Mountain Crest Acquisition Corp to close next month. $113M SPAC merger" [https://www.drugdeliverybusiness.com/better-therapeutics-expects-113m-spac-merger-to-go-through-in-october/] [WEB-INTEL 2026-09-02] 2 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "$50 million private investment in public equity (PIPE)" [https://www.businesswire.com/news/home/20210407005486/en/Better-Therapeutics-to-Become-Publicly-Traded-Prescription-Digital-Therapeutics-Company-via-Merger-with-Mountain-Crest-Acquisition-Corp.-II] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "raising up to $113 million" [https://www.goodwinlaw.com/en/news-and-events/news/2021/04/04_07-better-therapeutics-to-become-publicly] [WEB-INTEL 2026-09-02] 4 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The transaction includes a $50 million private investment in public equity (PIPE)" [https://www.businesswire.com/news/home/20210407005486/en/Better-Therapeutics-to-Become-Publicly-Traded-Prescription-Digital-Therapeutics-Company-via-Merger-with-Mountain-Crest-Acquisition-Corp.-II] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Better Therapeutics expects $113M SPAC merger to go through in October" [https://www.mcacquisition.com/Mountain-Crest-II/default.aspx] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Better Therapeutics announced today that it expects its merger with Mountain Crest Acquisition Corp to close next month. $113M SPAC merger" [https://www.drugdeliverybusiness.com/better-therapeutics-expects-113m-spac-merger-to-go-through-in-october/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "It will be the first prescription digital therapeutics company to go public, raising up to $113 million to advance its robust pipeline of products to treat ..." [https://www.goodwinlaw.com/en/news-and-events/news/2021/04/04_07-better-therapeutics-to-become-publicly] [WEB-INTEL 2026-09-02] 1 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Better Therapeutics expects $113M SPAC merger to go through in October" [https://www.mcacquisition.com/Mountain-Crest-II/default.aspx] [WEB-INTEL 2026-09-02] 2 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The transaction includ [WEB-INTEL 2026-09-06] 2 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The transaction includes a $50 million private investment in public equity (PIPE)." [https://www.businesswire.com/news/home/20210407005486/en/Better-Therapeutics-to-Become-Publicly-Traded-Prescription-Digital-Therapeutics-Company-via-Merger-with-Mountain-Crest-Acquisition-Corp.-II] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "raising up to $113 million to advance its robust pipeline of products to treat ..." [https://www.goodwinlaw.com/en/news-and-events/news/2021/04/04_07-better-therapeutics-to-become-publicly]

Source: company web presence · marketing claims are reported as claims, never merged into the filed figures above.

The deal it’s entering

Better Therapeutics is merging with Mountain Crest Acquisition Corp II (MCAD) currently marked Closed (deSPAC).

Headline equity value—

How to read these numbers: headline vs effective valuation · what a definitive agreement commits

What exactly is being valued, and at what

Common questions

Is Better Therapeutics going public?

Better Therapeutics has an approved merger with the SPAC Mountain Crest Acquisition Corp II (MCAD). Deal status: Closed (deSPAC).

Does Better Therapeutics have revenue?

The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.

Educational content, not investment advice.

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