Company: NEWTP
Filing Date: 2025-08-15
Form Type: 424B2
Source: 0001587987-25-000152
Chunk: 21

Company: NewtekOne, Inc.
Filing Date: 2025-08-15
Form: 424B2
Chunk 21
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 and prospects may be accompanied by deterioration in the value of the loan’s collateral.

The historical five-year treasury rates are not an indication of future five-year treasury rates.

In the past, U.S. treasury rates have experienced significant fluctuations. You should note that historical levels, fluctuations and trends of U.S. treasury rates are not necessarily indicative of future levels. Any historical upward or downward trend in U.S. treasury rates is not an indication that U.S. treasury rates are more or less likely to increase or decrease at any time during the reset period, and you should not take the historical U.S. treasury rates as an indication of future rates.

Further, if the Company, in its sole discretion, determines that the five-year treasury rate cannot be determined in the manner then applicable for such rate, the Company may, in its sole discretion, designate a designee to determine whether there is an industry-accepted successor rate to the then-applicable base rate and, if applicable, to determine and make certain adjustments as further described under “Description of the Preferred Stock—Dividends.” The determinations will be binding on the holders of the Preferred Stock and the depositary shares and will not be subject to any vote or consent of such holders. If the Company, in its sole discretion, does not designate a designee or if the designee determines that there is no industry-accepted successor rate to the then-applicable base rate, then the five-year treasury rate will be the same rate determined for the prior reset dividend determination date or, if this sentence is applicable with respect to the first reset dividend determination date, an interest rate equal to the initial fixed rate minus the spread.

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### USE OF PROCEEDS
The net proceeds received from the sale of the depositary shares are estimated to be approximately $48,125,000, after deducting the discounts and commissions payable to the underwriters and estimated offering expenses payable by the Company (or $51,756,875 if underwriters exercise their option to purchase an additional 150,000 depositary shares in full). The net proceeds received will be used for funding of investments, repayment of existing debt and other general corporate purposes.

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### CERTAIN REGULATORY CONSIDERATIONS

#### General
As a bank holding company, the Company is subject to regulation and supervision by the Federal Reserve, which has supervisory, regulatory and enforcement authority over the Company. Among other responsibilities, this authority permits the