Company: AX
Filing Date: 2025-01-28
Form Type: 424B5
Source: 0001299709-25-000009
Chunk: 9

Company: Axos Financial, Inc.
Filing Date: 2025-01-28
Form: 424B5
Chunk 9
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 to designate the terms of and issue new series of preferred stock without stockholder approval; and

• the additional shares of authorized common stock and preferred stock available for issuance under our Certificate of Incorporation, which could be issued at such times, under such circumstances and with such terms and conditions as to impede a change in control.

In addition, we are subject to Section 203 of the Delaware General Corporation Law, which generally prohibits a Delaware corporation from engaging in any of a broad range of business combinations with an interested stockholder for a period of three years following the date on which the stockholder became an interested stockholder, unless such transactions are approved by our Board of Directors. The existence of the foregoing provisions and anti-takeover measures could limit the price that investors might be willing to pay in the future for shares of our common stock. They could also deter potential acquirers of our Company, thereby reducing the likelihood that you could receive a premium for your common stock in an acquisition.

The total number of shares we will actually issue under the Equity Distribution Agreement, and the proceeds resulting from those sales, are uncertain.

Because this is a best efforts offering, the number of shares of our common stock that are actually sold by the Distribution Agents pursuant to the Equity Distribution Agreement may fluctuate significantly based on our discretion and a number of factors, including the market price of our common stock during the sales period, the limits we set with the Distribution Agents, and the demand for our common stock during the sales period. Accordingly, it is not currently possible to predict the number of shares that will actually be sold or the proceeds to be raised in connection with those sales.

The common stock offered hereby will be sold in “at the market offerings,” and investors who buy shares at different times will likely pay different prices.

Investors who purchase shares in this offering at different times will likely pay different prices and accordingly may experience different outcomes in their investment results. We will have discretion, subject to market demand, to vary the timing, prices, and numbers of shares sold, and there is no minimum or maximum sales price. Investors may experience a decline in the value of their shares as a result of share sales made at prices lower than the prices they paid.

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### CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
Certain statements contained in this prospectus supplement and accompanying prospectus that are not statements of historical fact constitute forward-looking statements within the meaning of Section 27A of the Securities Act, Section