Company: NEWTP
Filing Date: 2025-08-14
Form Type: 8-K
Source: 0001587987-25-000149
Chunk: 0

Company: NewtekOne, Inc.
Filing Date: 2025-08-14
Form: 8-K
Item: Item 8.01
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Item 8.01.

Other Events.

On August 13, 2025, NewtekOne, Inc. (the “ Company”) entered into an underwriting agreement (the “ Underwriting Agreement”) with Keefe, Bruyette & Woods, Inc. and Raymond James & Associates, Inc. as representatives of the several underwriters named in Exhibit A thereto (the “ Underwriters”), in connection with the Company’s issuance, offer and sale of 2,000,000 depositary shares (the “ Depositary Shares”), each representing a 1/40th interest in a share of the Company's 8.500% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B (the “ Series B Preferred Stock”), with a liquidation preference of $1,000 per share (equivalent to $25.00 per Depositary Share). In addition, pursuant to the Underwriting Agreement, the Company granted the Underwriters an option to purchase up to an additional 150,000 Depositary Shares at the public offering price less the applicable underwriting discount.

The foregoing description of the Underwriting Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Underwriting Agreement filed with this report as Exhibit 1.1 and which is incorporated herein by reference.

Item 9.01 Financial Statement and Exhibits