|Bid||0.00 x 3000|
|Ask||0.00 x 21500|
|Day's range||9.95 - 9.99|
|52-week range||9.62 - 11.11|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Innovative, tech-focused mortgage lender Better is set to go public via a SPAC merger with Aurora Acquisition Corp. (NASDAQ: AURC). In this Fool Live video clip, recorded on Sept. 27, Fool.com contributors Matt Frankel, CFP, Danny Vena, and Jon Quast discuss Better's business and whether its growth projections are realistic or perhaps a bit too ambitious. Matt Frankel: This is Better, the mortgage company.
Several mortgage originators have gone public in the past six months or so, and with record-high refinancing volume and a surge in purchase mortgage applications, it's not surprising that these businesses want to complete IPOs while the numbers look great. In this Fool Live video clip, recorded on June 15, Fool.com contributors Matt Frankel, CFP, and Jason Hall, along with chief growth officer Anand Chokkavelu, discuss the company and whether they'd invest. Anand Chokkavelu: No. 15 is Matt Frankel with Aurora Acquisition Corp, the SPAC that is really Better.
Online mortgage lender Better is joining the party. The innovative lending platform announced plans to go public via SPAC merger, valuing the company at $7.7 billion. As part of the deal, a SoftBank Group subsidiary is committing a $1.5 billion investment (known as a PIPE in SPAC terms), in addition to the $220 million Aurora raised in its initial SPAC IPO.