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NEW YORK, September 23, 2026--(BUSINESS WIRE)--The Special Committee of the Board of Directors (the "Special Committee") of Better Home & Finance Holding Company (NASDAQ: BETR) ("Better" or the "Company") today issued the following statement in response to the latest round of false and misleading claims by the Company's former CEO, Vishal Garg.
"In his frenzied attempt to manufacture momentum for his sputtering consent solicitation, Garg has taken to publicly touting purported shareholder support for his campaign—in clear violation of the federal proxy rules. However, like so many of Garg's claims, this one has no basis in reality.
Based on our visibility into the banks and brokers that custody Better's shares and the consents Garg previously submitted, Garg has not obtained consents from anywhere near the 46% of the Company's voting power he now claims. Most of his claimed support comes from his own super-voting shares and those of a small number of long-time allies. Put simply, he has gained minimal traction with public investors.
We also remind shareholders that just weeks ago, Garg claimed to have more than 50% of the vote—a claim that proved false.
Garg has set numerous deadlines by which he promised to demonstrate support and deliver the requisite written consents, and he has missed them all. Now, having evidently failed to convince public shareholders to support his...
This is a paid press release. Contact the press release distributor directly with any inquiries. NEW YORK, September 23, 2026--(BUSINESS WIRE)--The Special Committee of the Board of Directors (the ...