Company: NEWTP
Filing Date: 2025-11-25
Form Type: S-4/A
Source: 0001628280-25-054014
Chunk: 12

Company: NewtekOne, Inc.
Filing Date: 2025-11-25
Form: S-4/A
Chunk 12
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’s notes.

The Old Notes will mature on February 1, 2026 and if you want to continue an investment in the Company’s, you would need to purchase existing outstanding series of notes in the market and would likely incur fees and costs that you would not incur if you participate in the Exchange Offer.

The Company expressly reserves the right to purchase any Old Notes that remain outstanding after the Expiration Date.

The Company expressly reserves the absolute right, in its sole discretion, from time to time to purchase any Old Notes that remain outstanding after the Expiration Date through open market or privately negotiated transactions, one or more additional tender or Exchange Offers or otherwise, on terms that may differ from this Exchange Offer and could be for cash or other consideration, or to exercise any of its rights under the indenture that governs the Old Notes, as applicable.

#### Risks Related to the New Notes
The New Notes may be redeemed, at the Company’s option, and you may not be able to reinvest the proceeds in a comparable security.

The Company may, at its option, redeem the notes in whole or in part, at any time and from time to time on or after February 1, 2028. The Company may choose to redeem the New Notes at times when prevailing interest rates are relatively low and, as a result, you may not be able to reinvest the proceeds you receive from the redemption in a comparable security at an effective interest rate as high as the interest rate on your New Notes being redeemed.

<div align='center'>-9-</div>

The New Notes are unsecured and effectively subordinated to any secured debt we may incur in the future, which would make the claims of holders of the Company’s secured debt senior to the claims of holders of the New Notes.

The New Notes will be unsecured. The New Notes will be effectively subordinated to all of the Company’s future secured indebtedness to the extent of the value of the Company’s securing such indebtedness. The holders of any secured indebtedness that the Company may have may foreclose on the Company’s assets securing such debt, reducing the cash flow from the foreclosed property available for payment of unsecured indebtedness. In the event of the Company’s bankruptcy, liquidation or similar proceeding, the holders of secured indebtedness that the Company may have would be entitled to proceed against their collateral, and that collateral would not be available for payment of unsecured indebtedness, including the New Notes.

The New Notes are the Company’s obligations and not obligations of the Company