Garg Group Confirms With Better Board in Board Meeting This Morning That They Intend to Honor Results of Vote
Founder Vishal Garg confirmed at a morning board meeting that Better's board intends to honor the Garg Group Consent, which removed 5 board directors after receiving over 50% of shareholder votes. The 5 removed members agreed to step down expeditiously and take no corporate action in the interim, pending confirmation from a third-party election inspector expected within 24 hours of votes being delivered.
Key figures
- Directors removed
- 5
- Consent vote share
- over 50% of the votes
- Inspector confirmation expected
- within 24 hours of votes delivered at 2:11pm
AI analysis
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