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Vishal Garg Unveils 90-Day Plan to Restore Growth, Profitability and Shareholder Value at Better Home & Finance

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Plan targets $2 billion in quarterly volume, monthly break-even, a $30 million share repurchase

NEW YORK, Sept. 3, 2026 /PRNewswire/ — Founder Vishal Garg today released a comprehensive 90-day plan for Better Home & Finance Holding Company (BETR) designed to restore profitable growth, lower expenses, strengthen governance and rebuild shareholder value.

The plan targets quarterly funded-loan volume of $2 billion, monthly revenue growth of $7 million, and a reduction in monthly cash burn from approximately $4 million to $0. It combines growth initiatives driven by Better’s Tinman technology platform with AI-enabled expense reductions, a proposed board refresh, a search for a permanent chief executive officer and a capital-return program for shareholders.

“Over the last two and a half years in a market environment where all other mortgage companies have declined, we have grown revenue 2.5x while keeping operating expenses basically flat,” said Vishal Garg, Founder of Better. “The next step is to build on that operating discipline – improving conversion, expanding HELOCs, deploying AI where it drives real value and working harder for shareholders.”

The plan targets a 25% increase in quarterly volume to $2 billion, which Better believes represents its break-even point. The initiatives are expected to generate approximately $7 million of additional monthly revenue, at a 35% contribution margin, including approximately $2.25 million in additional monthly contribution margin.

Key actions include:

Launching the CK HELOC through API-driven Tinman execution.Closing five major partners currently in Better’s pipeline who have been stalled because of new management team’s talk of a standardized TinmanGo portal across all partners.Increasing loan-officer talk time from 2.1 hours per day to the industry average of 4 hours per day through AI call routing and workforce management, with the goal of improving conversion by at least 50% across DTC and partners.Improving Better’s DTC lock-to-fund rate from approximately 45% toward the industry average of 60% through improved incentives and AI-led consumer communications during processing delays.

“Step one is continuing to build out the AI infrastructure and deploy Tinman to the five major partners I was in the process of closing,” Garg said. “Step two is making sure our people focus on the work AI cannot do: speaking with customers, processing loans faster, and leveraging AI to underwrite more efficiently.”

The plan also targets lower costs and faster customer responsiveness across mortgage operations, legal, compliance, finance and accounting. Key actions include:

Aligning commissions on AI-assisted customer conversions so loan officers can focus on complex customer files, with a targeted savings of approximately $500,000 per month.Implementing instant counteroffers in place of current one- to two-day delays, with the goal of improving approval rates, increasing revenue and reducing processor and underwriter costs by approximately $1 million per month.Moving portions of legal work and litigation support to AI-powered and AI-assisted teams, targeting approximately $500,000 in monthly savings.

Better’s situation raises a straightforward governance question: whether experience in activism, transactions and capital allocation is a substitute for demonstrated operating leadership at a regulated, technology-enabled consumer-fintech company.

Daniel Lewis moved from Better director to interim CEO in seven days. His most successful prior campaigns involved sales, spin-offs and other asset-monetization outcomes. Better, by contrast, requires sustained execution across mortgage operations, technology, AI, consumer conversion, compliance and partner distribution.

The issue is larger than one company. Activist campaigns often lead to CEO changes, but replacing leadership does not itself establish a credible operating plan or a qualified successor. Better shareholders should distinguish between the ability to advocate for financial or governance change and the demonstrated experience required to run a regulated, technology-enabled consumer business.

The plan calls for replacing five current directors with a board focused on operational excellence, growth and shareholder alignment. Proposed new directors would be expected to purchase Better stock equal to two times their board compensation, while board compensation would be paid entirely in stock.

The proposed board would prioritize directors with experience scaling businesses from approximately $200 million in revenue to multiples of that level through operational execution. The plan also calls for:

Engaging Daversa Partners to begin a search immediately for a permanent CEO with fintech, credit and AI experience, with a goal of appointing a new CEO within 120 days of board consent becoming active.Completing the sale of Better’s UK bank within 30 days of a board transition, subject to a credible counterparty and required approvals.Leveraging UK bank-sale , cost savings and increased revenue to support a $30 million share repurchase program, including an immediate initial authorization of up to $10 million, subject to applicable legal requirements and market conditions.

Combined together, and acting in tandem, we believe these concrete steps will enable Better to unlock Better’s full value and allow the company to narrow the valuation gap between itself and similar AI native businesses.

Media Contact
info@onezerocapital.com

View original content:https://www.prnewswire.com/news-releases/vishal-garg-unveils-90-day-plan-to-restore-growth-profitability-and-shareholder-value-at-better-home–finance-302869054.html

SOURCE Vishal Garg

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Society of Robotic Surgery and Puma Venture Capital Announce Winners of SRS Shark Tank 2026

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September 5, 2026

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Drive Medical claimed the top prize at the third annual SRS Shark Tank 2026, held during the Society of Robotic Surgery’s annual conference at the Diplomat Beach Resort in Hollywood, Florida. The event, a collaboration between SRS and Puma Venture Capital, once again showcased cutting-edge innovations in the digital and robotic surgery ecosystem and featured early-stage companies poised to transform minimally invasive care.

HOLLYWOOD, Fla., Sept. 5, 2026 /PRNewswire-PRWeb/ — Drive Medical claimed the top prize at the third annual SRS Shark Tank 2026, held during the Society of Robotic Surgery’s annual conference at the Diplomat Beach Resort in Hollywood, Florida. The event, a collaboration between SRS and Puma Venture Capital, once again showcased cutting-edge innovations in the digital and robotic surgery ecosystem and featured early-stage companies poised to transform minimally invasive care.

SRS Shark Tank 2026 featured presentations from nine innovative companies. Each had five minutes to pitch their technology and five minutes to engage in a Q&A session with a panel of esteemed judges, including top surgeons, investors, and medical device experts. Companies were evaluated on innovation, impact on healthcare, market potential, business model, and presentation.

Drive Medical earned the top honor for the Pollywog System, the first easy-to-use robotic endoscope integrated with artificial intelligence. The platform is designed to give physicians faster, safer access to the small bowel, allowing diagnosis and treatment to be completed in a single session rather than across multiple procedures.

DeepQure secured second place with HyperQure, the world’s first extravascular renal denervation system for resistant hypertension. Delivered laparoscopically, the device wraps the renal artery from the outside to achieve complete denervation while avoiding the vessel lining.

Microsure came in third with MUSA-3, a microsurgical robot that downscales and stabilizes a surgeon’s hand movements during open super-microsurgical procedures, including free flap, lymphatic, and peripheral nerve surgery. The system received CE mark approval earlier this year.

The strength of the 2026 field extended well beyond the podium: every one of the nine presenting companies was placed in the top three by at least one judge. Reveal Surgical presented optical imaging technology that characterizes tissue for tumor assessment during surgery, and Symphera demonstrated a laparoscopic system that lets surgeons switch instrument tips at the push of a button. Tioga Cardiovascular showed its transcatheter approach to mitral and tricuspid valve replacement.

CardioSentry presented an AI platform for autonomous cardiac ultrasound, and Nina Medical showcased a completely non-invasive treatment for benign prostatic hyperplasia. LITLab rounded out the slate with mobile, high-fidelity surgical training labs that travel to health systems and medtech companies to train clinical teams onsite. Together the group reflected an unusually broad and competitive slate, spanning robotics, imaging, structural heart, urology, and surgical education.

The 2026 judging panel included Steve Bell, Rob Morgan, Dr. Santiago Horgan, Dr. Erik B. Wilson, Scott Zinober, and Babak Tehranchi, and the event was co-chaired by Amit Hazan and Dr. Vipul Patel.

Participating companies included:

Microsure, Symphera, LITLab, Reveal Surgical, DeepQure, Drive Medical, Nina Medical, CardioSentry, and Tioga Cardiovascular.

About the Society of Robotic Surgery:

Founded in 2012, the Society of Robotic Surgery (SRS) is guided by the fundamental principles of education and collaboration as a means to tackle the complex issues of robotic surgery. The SRS’ membership includes more than 20,000 physicians of all disciplines from around the world whose mission is to share information related to multi-centric studies, database collection, fellowship training and funding support related to robotic surgery. The SRS is the only multi-specialty robotic surgery society in the world with an annual meeting that includes updates in more than a dozen medical sub-specialties along with state-of-the-art plenary sessions and hot topic courses.

About Puma Venture Capital:

Puma Venture Capital is an investment firm seeking to leverage its surgeon venture partners to invest in all aspects of physical intelligence across every medical procedure — to improve patient outcomes, lift labor productivity, and lower system costs.

Media Contact

Ryan Julison, Society of Robotic Surgery, 1 3213776877, ryanjulison@gmail.com

View original content:https://www.prweb.com/releases/society-of-robotic-surgery-and-puma-venture-capital-announce-winners-of-srs-shark-tank-2026-302869733.html

SOURCE Society of Robotic Surgery

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LG ELECTRONICS SHOWCASES COMPLETE PREMIUM RGB LINEUP WITH TÜV RHEINLAND CERTIFICATION FOR HIGH PURITY COLOR AT IFA 2026

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September 5, 2026

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Powered by the α11 AI Processor, LG Micro RGB evo Sets a New Standard for High-Purity RGB Spectrum Display

News Summary:

LG Electronics showcases Micro RGB evo, an ultra-large LCD TV delivering high-purity RGB color performance, certified by TÜV Rheinland with its ‘High Purity RGB Spectrum Display’ certification, at IFA 2026.LG’s award-winning α11 AI Processor[1], recognized for enhancing picture and audio quality, is featured not only in flagship OLED models but also in Micro RGB evo.LG expands its RGB display lineup, now extending to Mini RGB evo models for a wider range of customer choice.

SEOUL, South Korea, Sept. 5, 2026 /PRNewswire/ — LG Electronics (LG) is showcasing LG Micro RGB evo (model MRGB95), a premium ultra-large-screen LCD TV featuring exceptional color purity, at IFA 2026, taking place in Berlin, Germany, from September 4-8. Leveraging LG’s proprietary Micro RGB technology and the α (Alpha) 11 AI Processor Gen3, the advanced TV delivers high-purity red, green, and blue separation, earning TÜV Rheinland’s High Purity RGB Spectrum Display certification.

Premium LCD Color with Independently Verified RGB Purity

LG Micro RGB evo and Mini RGB evo leverage LG’s proprietary high-purity RGB spectrum display technology, enhancing the purity of red, green and blue to deliver more natural and expressive color reproduction. Featuring clear color separation between red, green and blue colors and high purity of each color, the TVs deliver remarkably pure and lifelike colors.

This outstanding color performance has been independently certified by TÜV Rheinland, which has awarded its High Purity RGB Spectrum Display certification to LG’s Micro RGB evo MRGB95 and Mini RGB evo MRGB9M and MRGB85 models.[2]

Highlighting the significance of the certification, Hüseyin Derman, Regional Sales Manager of Products Europe at TÜV Rheinland, stated, “The TÜV Rheinland  certification confirms that LG’s Micro RGB evo has passed a rigorous evaluation of its capacity to deliver physically and optically high-purity colors by completely preventing the intermixing of RGB wavelengths.”

Award-winning AI Processing for Pure Color and Precise Contrast

At the heart of Micro RGB evo is the α11 AI Processor Gen3, LG’s most advanced smart TV processor and the same platform used in the company’s flagship OLED models. The processor’s Dual AI Engine analyzes texture and edge simultaneously to produce more cohesive and lifelike images across movies, shows and games.

Precision Color Enhancer, also enabled by the powerful α11 Gen3, preserves the purity of each primary color while enacting fine control over gradation and tonal transitions. Complementing this is Micro Dimming Ultra, which precisely manages brightness across thousands of dimming zones to reveal subtle detail in both deep shadows and bright highlights. These technologies, combined with the immense scale of the Micro RGB evo’s screen, create an immersive and impactful viewing experience.

As part of its premium LCD lineup strategy, LG offers the industry-leading level of color with the ultra-large Micro RGB evo, alongside the new Mini RGB evo. These TVs leverage LG’s unique light source technology to precisely implement red, green, and blue, earning the ‘High Purity RGB Spectrum Display’ certification from TÜV Rheinland and expanding consumer choice.

“LG Micro RGB evo brings together the exceptional color purity of our proprietary Micro RGB technology and the advanced intelligence of the α11 AI Processor Gen3 to deliver an ultra-large viewing experience like no other,” said Park Hyoung‑sei, president of the LG Media Entertainment Solution Company. “Its independently validated, high-purity RGB color performance reflects our dedication to setting new standards in premium LCD picture quality. By completing our RGB display lineup with Mini RGB evo, we are proud to broaden the range of high-performance choices available to our customers.”

LG Micro RGB evo will be on display at the LG booth in Hall 18 at Messe Berlin throughout IFA 2026.

[1] Tom’s Guide’s AI Awards 2026 Winner 
[2] LG RGB TVs have been certified as “High Purity RGB Spectrum Display” by TÜV Rheinland.

About LG Electronics Media Entertainment Solution Company

The LG Media Entertainment Solution Company (MS) is a recognized innovator in televisions, audio, displays and smart TV platforms. The MS Company enhances the media entertainment experience with its OLED TVs, renowned for perfect black and perfect color, the newest Micro RGB TVs and Mini-LED QNED TVs, all powered by the personalized webOS smart TV platform. The MS Company also offers Information Technology solutions (gaming monitors, business monitors, laptops, projectors, cloud devices and medical displays) as well as Signage solutions (Micro LED signage, digital signage, hospitality displays and signage software solutions) that are designed to maximize customers’ work efficiency and deliver strong value. For more news on LG, visit www.LG.com/global/newsroom/.

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Rally and the American Team Pickleball League Announce National Growth Partnership Focused on Team-based Pickleball

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1 hour ago

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September 5, 2026

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Partnership pairs ATPL’s national affiliate network with Rally’s pickleball league management software to standardize team-based pickleball leagues across the country.

CHICAGO, Sept. 5, 2026 /PRNewswire-PRWeb/ — Rally and the American Team Pickleball League (ATPL) today announced a national growth partnership to expand standardized, team-based pickleball leagues across the United States. Rally’s pickleball league management software for league admins and pickleball league management app for players power several of the largest pickleball leagues in North America on a platform trusted for 28 years. Under the partnership, ATPL affiliates nationwide will run on that platform, and the two organizations will co-invest in marketing, onboarding, and league infrastructure to support ATPL’s national expansion.

“The American Team Pickleball League has spent years building the infrastructure, format, and community that make team pickleball work at a local level. Rally’s team pickleball app helps that model scale nationally.” — Ross Freedman, Founder and CEO, Rally

ATPL has built one of the fastest-growing team-based pickleball networks in the country, offering local affiliates a proven format, a structured competitive pathway, and a national championship. Rally acquired Pickleballscores in July 2026 as part of its acquisition of the Tenniscores platform, and brings modern technology, national marketing capabilities, and investment to fuel ATPL’s growth.

“ATPL has spent years building the infrastructure, format, and community that make team pickleball work at a local level. Rally’s team pickleball app helps that model scale nationally. Every new affiliate ATPL brings on strengthens the network for everyone in it.”

— Ross Freedman, Founder and CEO, Rally

“We’ve always believed team-based pickleball needed the same kind of national structure that tennis has had for decades. Partnering with Rally gives our affiliates a pickleball team app built for exactly that, and gives us the resources to bring more leagues into the fold.”

— Greg Mather, Founder, American Team Pickleball League

As part of the partnership, Rally will serve as the title sponsor for the ATPL National Championship. The event is scheduled for November 5-8, 2026, hosted at Pictona at Holly Hill in Holly Hill, Florida. ATPL will continue to lead affiliate recruitment, league format, and the national championship pathway, while standardizing on Rally’s pickleball league management platform across its network.

Pickleball has become the fastest-growing sport in the country, with participation reaching 24.3 million players in 2025, according to the Sports & Fitness Industry Association. Despite that growth, team-based league play remains fragmented, with no single national organization providing the standardized format, ratings structure, and championship pathway that sports like tennis have relied on for decades. ATPL was built to close that gap, giving local affiliates a proven format and a clear path from community play to a national championship. This partnership gives ATPL the platform and resources to bring that structure to leagues nationwide as the sport continues to scale.

About Rally

Rally is the leading pickleball league management software and team pickleball app, trusted by pickleball leagues nationwide. Serving over 800 racquet sports leagues and over 1M players in North America, Rally brings scores, standings, schedules, lineups, and messaging into one place for admins, captains, and players. The Rally platform turns pickleball, tennis, platform tennis, and padel leagues into vibrant communities. Learn more at lovetorally.com.

About ATPL

The American Team Pickleball League (ATPL) is a national network of independent, team-based pickleball affiliates, offering a standardized competitive format, training and onboarding support, and a pathway to the ATPL National Championship. Learn more at atplnation.org.

Media Contact

Ross Freedman, Rally LLC — hello@lovetorally.com 

Media Contact

Ross Freedman, Rally LLC, 1 7732138911, ross@lovetorally.com, https://www.lovetorally.com/ 

View original content:https://www.prweb.com/releases/rally-and-the-american-team-pickleball-league-announce-national-growth-partnership-focused-on-team-based-pickleball-302869744.html

SOURCE Rally LLC

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