MarketPR
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.
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