Orange Capital discloses 5.8% Better Home stake (BETR)
Rhea-AI Filing Summary
Better Home & Finance Holding Co is the subject of an amended Schedule 13G filing reporting a significant shareholder. Daniel Lewis, doing business as Orange Capital Ventures, LP, reports beneficial ownership of 587,490 shares of Class A Common Stock, representing 5.8% of the class. This amount includes 107,000 shares issuable upon exercise of call options. The percentage is based on 10,125,100 Class A shares outstanding as of December 10, 2025, as referenced from the company’s Schedule 13D. The filer certifies the shares are not held for the purpose of changing or influencing control of the company.
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FAQ
What stake in Better Home & Finance (BETR) does Orange Capital Ventures report?
Orange Capital Ventures reports beneficial ownership of 587,490 shares of Better Home & Finance Class A stock, representing 5.8% of the class. This figure includes both currently held shares and those issuable upon exercise of call options.
How is the 5.8% ownership in Better Home & Finance (BETR) calculated?
The reported 5.8% ownership is calculated using an aggregate of 10,125,100 Class A shares of Better Home & Finance outstanding as of December 10, 2025, as referenced from the company’s own Schedule 13D filing with the SEC.
Does Orange Capital Ventures’ BETR position include derivatives or options?
Yes. The beneficial ownership amount for Better Home & Finance includes 107,000 shares of Class A Common Stock that are issuable upon exercise of call options, in addition to shares already held, all counted toward the 587,490-share total.
Is Orange Capital Ventures seeking control of Better Home & Finance (BETR)?
The filer certifies the securities of Better Home & Finance were not acquired and are not held for the purpose of changing or influencing control of the company, and are not held in connection with any transaction having that control-related purpose or effect.
Who is the reporting person behind Orange Capital Ventures in the BETR filing?
The reporting person is Daniel Lewis, doing business as Orange Capital Ventures, LP, a Delaware limited partnership. The filing clarifies that it should not be construed as an admission that he is the beneficial owner for Section 13 purposes.