Garg Group Announces That Holders of More Than 46% of Better Home & Finance Voting Power Have Already Supported Consent Solicitation
Vishal Garg, founder and former CEO of Better Home & Finance (Nasdaq: BETR), says holders of more than 46% of the company's voting power have already submitted written consents backing his push to remove five current directors from the board. The Garg Group is targeting directors Daniel Lewis, Harit Talwar, Arnaud Massenet, Bhaskar Menon and Prabhu Narasimhan, and proposes reconstituting the board with independent candidates Bing Gordon, David Heidecorn and Steve Sarracino. The proposals need a majority of BETR's outstanding voting power to succeed, with the group citing momentum ahead of an October 2, 2026 target date and support from proxy advisory firm Egan-Jones.
Key figures
- Consent support
- more than 46% of voting power
- Solicitation target date
- October 2, 2026
- Approval threshold needed
- majority of outstanding voting power
- Directors targeted for removal
- 5
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