Company: NEWTP
Filing Date: 2025-08-15
Form Type: 424B2
Source: 0001587987-25-000152
Chunk: 19

Company: NewtekOne, Inc.
Filing Date: 2025-08-15
Form: 424B2
Chunk 19
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 there is no trading market. The Company intends to list the depositary shares on Nasdaq within 30 days of the original issue date under the symbol “NEWTP.” However, there is no assurance that the depositary shares will be approved for listing on Nasdaq.

Moreover, even if the listing of the depositary shares is approved, the Company cannot provide any assurances that an active trading market will develop or be maintained for the depositary shares or that you will be able to sell your depositary shares. If the depositary shares are traded after their initial issuance, they may trade at a discount from their initial offering price depending on prevailing interest rates, the market for similar securities, the Company’s credit ratings, if any, general economic conditions, the Company’s financial condition, performance and prospects and other factors. The underwriters have advised the Company that they intend to make a market in the depositary shares, but they are not obligated to do so. The underwriters may discontinue any market-making in the depositary shares at any time at their sole discretion.

Accordingly, the Company cannot assure you that the depositary shares will be approved for listing on Nasdaq, that a liquid trading market will develop or be maintained for the depositary shares, that you will be able to sell your depositary shares at a particular time or that the price you receive when you sell will be favorable. To the extent an active trading market does not develop, the liquidity and trading price for the depositary shares may be adversely affected. Accordingly, you may be required to bear the financial risk of an investment in the depositary shares for an indefinite period of time.

Ratings of the depositary shares may not reflect all risks of an investment in the depositary shares, and any decline or withdrawal of such ratings may adversely affect the value of the depositary shares.

The Company expects that the depositary shares will be rated by at least one nationally recognized statistical rating organization. The ratings of the depositary shares will primarily reflect the Company’s financial strength and will change in accordance with the rating of the Company’s financial strength. Any rating is not a recommendation to purchase, sell or hold the depositary shares. These ratings do not correspond to market price or suitability for a particular investor. In addition, at any time ratings may be lowered or withdrawn in their entirety, and such a change could have an adverse effect on the price of the depositary shares. The Company does not undertake any obligation to maintain the ratings or to advise holders of depositary shares of any changes in