Company: NEWTP
Filing Date: 2025-08-13
Form Type: 424B2
Source: 0001587987-25-000144
Chunk: 1

Company: NewtekOne, Inc.
Filing Date: 2025-08-13
Form: 424B2
Chunk 1
---
, July 1 and October 1 of each year, beginning on October 1, 2025.

Dividends on the Preferred Stock will not be cumulative. If for any reason the Board or a duly authorized committee of the Board does not declare a dividend on the Preferred Stock in respect of a dividend period (as defined herein), then no dividend will be deemed to have accrued for such dividend period or be payable, 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