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Online mortgage lender Better sees stock implode after SPAC merger

Por: MarketWatch Politics August 24, 2023

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The combination afforded Better access to $565 million in new capital. That includes a $528 million convertible note that was committed by SoftBank , as well as additional equity from funds affiliated with NaMa Capital, which was formerly named Novator Capital. For more, read: Chief Executive Vishal Garg that the New York-based company was “going to come out of this abyss in the mortgage market stronger and faster than anyone else and... + full article



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