MergerLinks Header Logo

Announced

Better to go public via a SPAC merger with Aurora Acquisition in a $7.7bn deal.

Synopsis

Better, a digital homeownership platform, agreed to go public via a SPAC merger with Aurora Acquisition in a $7.7bn deal. SoftBank, Novator Capital and Activant Capital have provided $1.5bn in PIPE. Subject to customary closing conditions, the transaction is expected to close in the fourth quarter of 2021. “This transaction is the beginning of an amazing new chapter in Better’s history. This transaction provides investment capital to accelerate Better’s growth and support our mission to make homeownership simpler, faster, more affordable and more accessible for all Americans, and eventually everyone else," Vishal Garg, Better Founder and CEO.

Show Details & Financials

Market Context

Sort

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US