{"schema_version":"secwatch.filing_event.v1","accession":"0001587987-23-000028","form_type":"8-K/A","ticker":"NEWT","cik":"0001587987","company_name":"NewtekOne, Inc.","filed_at":"2023-01-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.721696+00:00","generated_at":"2026-06-20T07:14:17.130571+00:00","sec_items":["2.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"NewtekOne completes $20M acquisition of NBNYC, transforms from BDC to financial holding company","bullets":["Acquired National Bank of New York City for $20M cash; renamed Newtek Bank, N.A.","Ceased BDC status; now regulated as financial holding company by Federal Reserve and OCC.","Contributed $31M cash plus subsidiaries NBL and SBL to Newtek Bank at closing.","Pro forma combined assets $1.09B, net assets $223M as of Sep 30, 2022.","Pro forma net income for 9mo 2022: $18.74M ($0.77 EPS); full year 2021: $30.52M."],"urls":{"canonical":"https://secwatch.observer/filing/0001587987-23-000028","json":"https://secwatch.observer/filing/0001587987-23-000028.json","markdown":"https://secwatch.observer/filing/0001587987-23-000028.md","text":"https://secwatch.observer/filing/0001587987-23-000028.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1587987/000158798723000028/0001587987-23-000028-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1587987/000158798723000028/newt-20230106.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T07:14:17.130571+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"eb02f4b5962756c5ae45968936d45e1365a1a4cb","claim":"NewtekOne, Inc. completed an acquisition involving NBNYC shareholders for $20 million (closed 2023-01-06).","evidence_excerpt":"On January 6, 2023, NewtekOne, Inc. (formerly known as Newtek Business Services Corp.) (the “Company”) completed the previously announced acquisition of the National Bank of New York City (“NBNYC” and the “Acquisition,” respectively), a national bank regulated and supervised by the Office of the Comptroller of the Currency, pursuant to which the Company acquired from the NBNYC shareholders all of the issued and outstanding stock of NBNYC for $20 million.","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1587987/000158798723000028/0001587987-23-000028-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"NBNYC shareholders"},{"label":"Consideration","value":"$20 million"},{"label":"Closing","value":"2023-01-06"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}