Company: NEWTP
Filing Date: 2025-08-15
Form Type: 424B2
Source: 0001587987-25-000152
Chunk: 1

Company: NewtekOne, Inc.
Filing Date: 2025-08-15
Form: 424B2
Chunk 1
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 and the Company will have no obligation to pay any dividend for such dividend period to any holder of the Preferred Stock, including the depositary, and no related distribution will be made on the depositary shares, whether or not the Board or a duly authorized committee of the Board declares a dividend on the Preferred Stock for any future dividend period. Payment of dividends on the Preferred Stock is subject to certain legal, regulatory and other restrictions as described elsewhere in this prospectus supplement.

The Company may, at the Company’s option, redeem the Preferred Stock, (i) in whole or in part, from time to time, on any dividend payment date on or after the First Reset Date, or (ii) in whole but not in part, at any time within 90 days following a “regulatory capital treatment event” (as defined herein), in each case, at a redemption price equal to $1,000 per share of Preferred Stock (equivalent to $25.00 per depositary share), plus any declared and unpaid dividends, without accumulation of any undeclared dividends to, but excluding, the redemption date. If the Company redeems the Preferred Stock, the depositary will redeem a proportionate number of depositary shares. The Preferred Stock will not have any voting rights, except as described in this prospectus supplement.

Prior to this offering, there has been no public market for the depositary shares. The Company intends to apply to list the depositary shares on The Nasdaq Global Market (“Nasdaq”) under the symbol “NEWTP.” If the application is approved, the Company expects trading of the depositary shares on The Nasdaq to begin within the 30-day period after the initial delivery of the depositary shares.

Investing in the depositary shares involves risks. See “

#### Risk Factors
” beginning on page 14 of this prospectus supplement and the other risk factors contained in the Company’s Annual Report on Form 10-K, incorporated by reference herein, for a discussion on certain risks that you should consider in connection with an investment in the depositary shares.

None of the Securities and Exchange Commission, any state securities commission, the Board of Governors of the Federal Reserve System or the Office of the Comptroller of the Currency has approved or disapproved of the depositary shares nor have any of the foregoing authorities determined if this prospectus supplement is truthful or complete. Any representation to the contrary is a criminal offense.

The depositary shares are not savings accounts, deposits or other obligations of any of the Company’s bank or non