Company: AX
Filing Date: 2025-09-17
Form Type: 424B5
Source: 0001299709-25-000159
Chunk: 26

Company: Axos Financial, Inc.
Filing Date: 2025-09-17
Form: 424B5
Chunk 26
---
. It is possible that additional legislation could be introduced and enacted by the current U.S. Congress or future Congresses that could have an adverse impact on investors in the Notes. We suggest prospective investors consult with their tax advisors as to the potential impact of legislative proposals.

<div align='center'>S-14</div>

### USE OF PROCEEDS
Our estimated net proceeds from this offering are approximately $197,160,000 assuming an aggregate offering price of $200,000,000 and after deducting commissions and estimated expenses of the offering.

We intend to use the net proceeds from this offering to repay existing indebtedness, including the redemption in full of the 2030 Notes, of which $160.5 million in principal amount is currently outstanding, and to support growth initiatives at the Company ’ s subsidiaries and for general corporate purposes. While it is our current intention to use the net proceeds of this offering of the Notes to redeem the 2030 Notes on October 1, 2025, the precise amounts and timing of our use of the net proceeds will depend upon a number of factors, including our and our subsidiaries’ funding requirements, and the availability of other funds.

The 2030 Notes currently bear interest at a fixed rate of 4.875% per year to, but excluding, October 1, 2025. On October 1, 2025, the 2030 Notes will bear interest at a floating rate per annum equal to a benchmark rate, which is currently Three-Month Term SOFR (as defined in the indenture governing the 2030 Notes, as supplemented (the “2016 Indenture”)) plus a spread of 476 basis points, payable quarterly in arrears on April 1, July 1, October 1 and January 1 of each year. The 2030 Notes are scheduled to mature on November 15, 2030. Prior to October 1, 2025, we may redeem the 2030 Notes, in whole but not in part, only under certain limited circumstances set forth in the 2016 Indenture. On or after October 1, 2025, we may elect to early redeem the 2030 Notes, in whole or in part, on any future interest payment date (i.e., on April 1, July 1, October 1 and January 1 of each year until the maturity date) at a redemption price equal to 100% of the principal amount plus accrued and unpaid interest,