Vishal Garg wins board control via majority shareholder consent, removes 5 directors

Vishal Garg's consent solicitation succeeded on September 30, 2026, with majority shareholder approval (13.6M votes for, 24.6K against), resulting in removal of five directors including Interim CEO Daniel Lewis, and immediate appointment of Garg-aligned replacements. This represents a sudden, material change of control at the board and executive level with contested governance, a category-defining event for warrants linked to major corporate control contests, though not quite at the highest impact level typically reserved for CEO departures at the common stock level or M&A announcements.

Vishal Garg won a shareholder vote to take control of Better Home's board, removing five directors and replacing them with his own picks. This is a major power shift at the company.