BETR News

Aurora Acquisition (AURC) shareholders are scheduled to vote on the SPAC’s proposed merger with online mortgage lender Better on Friday, August 11. The merger was announced more than two years ago, and has weathered an SEC investigation, numerous rounds of high-profile layoffs and executive turnover, and a sharp downturn in the mortgage market. If approved, the combined...read more

Aurora Acquisition, a blank check company backed by Novator Partners targeting EMEA technology and media companies, raised $220 million by offering 22 million units at $10. The company offered 2 million more units than anticipated. Each unit consists of one share of common stock and one-fourth of a warrant, exercisable at $11.50. The company raised an additional $35 million in...read more

Aurora Acquisition Corp., a blank check company backed by Novator Partners targeting EMEA technology and media companies, filed on Friday with the SEC to raise up to $200 million in an initial public offering. The London, UK-based company plans to raise $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-third of a...read more

Equity Selloff Hits Recent IPOs Recent IPOs have not been exempt from the steep selloff in the major indices. As of midday Friday, the Renaissance IPO Index was down 5.6% for the week, underperforming the S&P 500's -4.3% return. One of the most prominent IPOs of recent memory,...read more