Better Home & Finance Holding Company (NASDAQ: BETR) announced the pricing of a public offering of 1,875,000 shares of Class A common stock, with expected gross proceeds of approximately $60 million before fees and expenses.

The mortgage and home equity finance company set the offering price to generate the stated proceeds amount. Underwriters received a 30-day option to purchase an additional 281,250 shares to cover over-allotments.

The offering is scheduled to close on April 9, 2026, subject to customary closing conditions. Better stated it intends to use net proceeds for growth capital and general corporate purposes.

BTIG and Cantor are serving as joint bookrunning managers for the offering. The sale is being conducted under an effective shelf registration statement filed with the Securities and Exchange Commission.

Better operates as an AI-powered homeownership platform and reports funding more than $110 billion in loan volume since 2016. The company offers various mortgage products including GSE-conforming loans, FHA and VA loans, and jumbo and Non-QM mortgage and home equity loans across all 50 states and the United Kingdom.

The information is based on a company press release statement.