Company: NEWTP
Filing Date: 2025-08-15
Form Type: 424B2
Source: 0001587987-25-000152
Chunk: 11

Company: NewtekOne, Inc.
Filing Date: 2025-08-15
Form: 424B2
Chunk 11
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 long as any share of Preferred Stock remains outstanding, the Company will not declare, pay, or set aside for payment dividends on any parity stock for any period unless the Company has paid in full, or declared and sets aside payment in full, in respect of all dividends for the then-current dividend period for all outstanding shares of Preferred Stock. To the extent that the Company declares dividends on the Preferred Stock and on any parity stock but do not make full payment of such declared dividends, the Company will allocate the dividend payments on apro ratabasis among the holders of the shares of Preferred Stock and the holders of any parity stock then outstanding. For purposes of calculating thepro rataallocation of partial dividend payments, the Company will allocate those payments so that the respective amounts of those payments bear the same ratio to each other as all accrued and unpaid dividends per share on the Preferred Stock and all parity stock bear to each other. |

<div align='center'>S-12</div>

| Liquidation Rights |     | In the event of the Company’s liquidation, dissolution or winding-up, holders of the Preferred Stock will be entitled to receive a liquidating distribution of $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 and including the date of such liquidation, out of assets legally available for distribution to our shareholders, before the Company makes any distribution of assets to the holders of the Company’s common stock or any other class or series of shares of junior stock. Distributions will be madepro rataas to the Preferred Stock and any other parity stock and only to the extent of the Company’s assets, if any, that are available after satisfaction of all liabilities to creditors and subject to the rights of holders of any securities ranking senior to the Preferred Stock and any other parity stock. |
| No Maturity        |     | The Preferred Stock does not have any maturity date and will be perpetual unless redeemed at the Company’s option. Accordingly, the Preferred Stock and, in turn, the depositary shares will remain outstanding indefinitely, unless and until the Company decides to redeem them and receives the prior approval of the Federal Reserve if required to do so.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| Redemption         |     | 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 (