{"schema_version":"secwatch.filing_event.v1","accession":"0001587987-23-000047","form_type":"8-K","ticker":"NEWT","cik":"0001587987","company_name":"NewtekOne, Inc.","filed_at":"2023-02-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.722722+00:00","generated_at":"2026-06-19T22:53:34.643780+00:00","sec_items":["1.01","3.02","5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"NewtekOne raises $20M via Series A Preferred and warrants in private placement to Patriot Financial Partners","bullets":["Raised $20M via 20,000 shares of Series A Preferred at $1,000/share; cumulative 8% dividend, convertible at 20% premium to 30-day VWAP.","Issued warrants to purchase 47,540 common shares at $21.03468 (20% premium), exercisable for 10 years, net share settlement.","Investor receives board observer rights; upon trigger events (bank undercapitalized, consent order, or CEO departure), right to nominate director to NewtekOne board.","Investor must hold at least 50% of original Shares to retain board/observer rights and information rights.","Registration rights allow investor to request registration after five years; piggyback rights on company offerings."],"urls":{"canonical":"https://secwatch.observer/filing/0001587987-23-000047","json":"https://secwatch.observer/filing/0001587987-23-000047.json","markdown":"https://secwatch.observer/filing/0001587987-23-000047.md","text":"https://secwatch.observer/filing/0001587987-23-000047.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1587987/000158798723000047/0001587987-23-000047-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1587987/000158798723000047/newt-20230207.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T22:53:34.643780+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":"c5afa7006d9c83ce72e3f05d2398e4fc5e7e0549","claim":"NewtekOne, Inc.: Designated 20,000 shares as Series A Convertible Preferred Stock via Articles Supplementary (effective 2023-02-03).","evidence_excerpt":"On February 3, 2023, the Company, in connection with the issuance of its Series A Preferred Stock described above, designated 20,000 shares of its authorized and unissued stock as Series A Convertible Preferred Stock and filed Articles Supplementary to the Company’s amended and restated charter with the State Department of Assessments and Taxation of Maryland","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1587987/000158798723000047/0001587987-23-000047-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-02-03"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}