Aurora Acquisition Corp.
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- Aurora Acquisition Corp. (NASDAQ: AURC) is a blank check company, or special purpose acquisition company (SPAC), formed in 2020 and headquartered at 20 North Audley Street in London, United Kingdom, with no significant independent operations beyond seeking to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination primarily in the technology and consumer sectors; it raised approximately $200 million through its initial public offering of 20 million units at $10 per unit on March 30, 2021. The company targets high-growth businesses for public listing via strategic transactions, providing liquidity and expansion opportunities for private entities while generating investor returns through carefully planned mergers and acquisitions. In August 2023, Aurora completed its business combination with Better HoldCo, Inc., a digital mortgage platform, resulting in the formation of Better Home & Finance Holding Company (NASDAQ: BETR; BETRW), which began trading on August 24, 2023, and now operates as an AI-powered homeownership company offering GSE conforming loans, FHA insured loans, VA guaranteed loans, jumbo loans, home equity lines of credit (HELOC), title insurance, settlement services, homeowners insurance, and real estate agent services via its Tinman AI platform primarily in the United States, with prior merger amendments in 2022 including equity financing revisions to convertible notes and expense coverage provisions.
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