Company: NEWTP
Filing Date: 2025-08-13
Form Type: 424B2
Source: 0001587987-25-000144
Chunk: 58

Company: NewtekOne, Inc.
Filing Date: 2025-08-13
Form: 424B2
Chunk 58
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 of ERISA or Section 4975 of the Internal Revenue Code or a similar violation under any applicable Similar Laws.

<div align='center'>S-48</div>

### UNDERWRITING
The Company is offering the depositary shares described in this prospectus supplement through a number of underwriters. The Company has entered into an underwriting agreement dated the date of this prospectus supplement with the underwriters listed below. Keefe, Bruyette & Woods, Inc. and Raymond James & Associates, Inc. are acting as representatives of the underwriters named below. Subject to the terms and conditions set forth in an underwriting agreement among the Company and the underwriters, the Company has agreed to sell to the underwriters, and each of the underwriters has agreed, severally and not jointly, to purchase from us, at the public offering price less the underwriting discounts set forth on the cover page of this prospectus supplement, the number of depositary shares set forth opposite its name below.

| Name of Underwriter              |     | Number of Depositary Shares |
| Keefe, Bruyette & Woods, Inc     |     | $    [   ]                  |
| Raymond James & Associates, Inc. |     | [   ]                       |
| Janney Montgomery Scott, LLC     
 Muriel Siebert & Co., LLC        
 B. Riley Securities, Inc.        
 Ladenburg Thalmann & Co.         |     | [   ]                       
 [   ]                       
 [   ]                       
 [   ]                       |
| Total                            |     | $    [   ]                  |

The underwriting agreement also provides that if an underwriter defaults, the purchase commitments of a non-defaulting underwriter may also be increased or the offering may be terminated. The offering of the depositary shares by the underwriters is subject to receipt and acceptance and subject to the underwriters’ right to reject any order in whole or in part.

The Company has agreed to indemnify the underwriters against certain liabilities, including liabilities under the Securities Act, or to contribute to payments the underwriters may be required to make in respect of those liabilities.

The underwriting agreement provides that the obligations of the underwriters to purchase the depositary shares are subject to approval of legal matters by counsel to the underwriters and certain other conditions, including the receipt by the underwriters of officers’ certificates and legal opinions. The underwriters reserve the right to withdraw, cancel or modify offers to the public and to reject orders in whole or in part. Investors must pay