Better Home & Finance Holding Company notified of Nasdaq governance non-compliance

Better Home & Finance Holding Company (Nasdaq: BETR) received formal notice from The Nasdaq Stock Market LLC on October 8, 2026, stating that the company is not in compliance with specific corporate governance listing standards. The notice follows the company's own notification to Nasdaq on October 5, 2026, which cited recent resignations and removals from the Board of Directors as the cause for the compliance failure.

The specific listing rules cited in the Nasdaq notice include Rule 5605(b)(1), which requires a majority of the board to consist of independent directors; Rule 5605(c)(2), requiring an audit committee of at least three independent members; Rule 5605(d), requiring a compensation committee of at least two independent members; and Rule 5605(e)(1), requiring independent director oversight of nominations. The board changes triggering these deficiencies were disclosed in Form 8-K filings dated October 2, 2026, and October 6, 2026.

Nasdaq has granted the company 45 calendar days from the date of the notice to submit a plan to regain compliance. Better Home & Finance Holding Company stated in its Form 8-K filing that it intends to submit this compliance plan within the allotted period and take necessary actions to satisfy the applicable listing standards. The filing notes that there is no assurance that Nasdaq will accept the proposed plan or that the company will successfully regain compliance. If the company fails to regain compliance, it could face a determination by the Nasdaq Listing Qualifications Department to delist its securities.

The notice does not have an immediate effect on the listing of the company's Class A common stock or warrants on Nasdaq. Both securities continue to trade on The Nasdaq Stock Market LLC under the symbols BETR and BETRW, respectively. The company is incorporated in Delaware and maintains its principal executive offices at 1 World Trade Center in New York, New York. Paula Tuffin, General Counsel, Chief Compliance Officer and Corporate Secretary, signed the report on October 9, 2026.