Garg Group Comments on Better’s Recognition of Historic Win in Reconstituting Board for the Benefit of All Shareholders
Garg Group Comments on Better’s Recognition of Historic Win in Reconstituting Board for the Benefit of All Shareholders
Intends to Immediately Appoint Silicon Valley Venture Capitalists Bing Gordon and Steve Sarracino to the Board and Activate Plan to Create Value for All of the Company’s Stakeholders
Vishal Garg and The Garg Group today issued the following statement regarding this morning’s update that the Special Committee (the “Special Committee”) of the Board of Directors (the “Board”) of Better Home & Finance Corporation (“Better” or the “Company”) (Nasdaq: BETR) has decided to heed the will of shareholders who voted to remove five incumbent directors, including Daniel Lewis:
“We would like to thank all the shareholders who supported us in this historic effort to put Better back on the path to success. We are pleased that the Special Committee has decided to cease its efforts and expenditures designed to dispute the will of shareholders who voted to remove five current directors. It is our intention to add two highly qualified Silicon Valley venture capitalists, Bing Gordon and Steve Sarracino, to the Board immediately and move ahead with our plan to position Better on the best footing possible. With this momentous step behind us, we look forward to focusing on the next chapter for Better, generating value for shareholders and supporting all the Company’s stakeholders, including our employees, partners and customers.”
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