---
schema_version: "secwatch.filing_event.v1"
accession: "0001587987-22-000143"
form_type: "8-K"
ticker: "NEWT"
cik: "0001587987"
company_name: "NewtekOne, Inc."
filed_at: "2022-12-14T23:59:59+00:00"
generated_at: "2026-06-21T04:46:42.764418+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Newtek extends acquisition termination date for NBNYC to Jan 23, 2023

## Summary
- Amendment No. 3 to Stock Purchase Agreement with National Bank of New York City extends seller/company termination right to January 23, 2023.
- Original termination date was January 3, 2022; all other closing conditions remain unchanged.
- Newtek will acquire all outstanding stock of NBNYC upon satisfaction of remaining conditions.

## SEC filing metadata
- accession: 0001587987-22-000143
- form_type: 8-K
- ticker: NEWT
- cik: 0001587987
- company_name: NewtekOne, Inc.
- filed_at: 2022-12-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1587987/000158798722000143/0001587987-22-000143-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1587987/000158798722000143/newt-20221213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001587987-22-000143
- JSON: https://secwatch.observer/filing/0001587987-22-000143.json
- Plain text: https://secwatch.observer/filing/0001587987-22-000143.txt

## Key facts
- Material Agreements
  NewtekOne, Inc. amended Amendment No. 3 to the Stock Purchase Agreement with the National Bank of New York City and certain NBNYC shareholders (effective 2022-12-12).
  - Action: amendment
  - Agreement: merger
  - Counterparty: the National Bank of New York City and certain NBNYC shareholders
  - Effective: 2022-12-12
  source text: On December 12, 2022, Newtek Business Services Corp. (the “Company”) entered into Amendment No. 3 (the “Amendment”) to the Stock Purchase Agreement with the National Bank of New York City (“NBNYC”) and certain NBNYC shareholders (the “Sellers”), pursuant to which the Company will acquire all of the issued and outstanding stock of NBNYC, subject to satisfaction of the remaining closing conditions.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1587987/000158798722000143/0001587987-22-000143-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.