ISS Recommends Shareholders Reject Garg's Board Overhaul Campaign
BETR sits 22% above its 52-week low of $11.111.
Summary
ISS, a leading proxy advisor, recommends Better shareholders reject Vishal Garg's consent solicitation and revoke consent on the WHITE card, citing Garg's responsibility for the company's value decline.
Key Events · Corporate Governance and Compliance · BETR
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ISS Recommends Rejecting Garg's Campaign
Institutional Shareholder Services (ISS) recommends shareholders 'DO NOT VOTE' for Garg's proposals and vote 'FOR' the Company's consent-revocation proposals on the WHITE card.
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ISS Criticizes Garg's Leadership
ISS states the company 'lost the majority of its value under his leadership' and that Garg 'bears more responsibility than any other party' for the company's current state.
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Special Committee Responds
The Special Committee calls Garg's campaign 'expensive and distracting' and again urges him to withdraw his consent solicitation to allow focus on stabilizing the business.
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Proxy Fight Timeline
This follows Garg's August 17 consent solicitation and the Special Committee's August 28 definitive consent revocation statement; shareholders can revoke prior green card consents at any time.
Analysis · BETR · Finance
In a significant development in the ongoing proxy fight, leading independent proxy advisor ISS has sided with Better's Special Committee, recommending shareholders revoke consent on Garg's green card and support the WHITE revocation card. ISS's critique is pointed: it states the company lost most of its value under Garg's leadership and that he bears more responsibility than anyone for the current state. Institutional investors often follow ISS guidance, which could tip the balance against Garg's campaign to remove five directors.
How filings like this one have moved
In the 30 days to Sep 9, 2026, 30% of the 1972 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.02%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, BETR was trading at $13.60 on NASDAQ in the Finance sector, with a market capitalization of approximately $258.5M. The 52-week trading range was $11.11 to $94.06. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.