{"schema_version":"secwatch.filing_event.v1","accession":"0001587987-25-000002","form_type":"8-K","ticker":"NEWT","cik":"0001587987","company_name":"NewtekOne, Inc.","filed_at":"2025-01-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.090249+00:00","generated_at":"2026-05-28T18:14:52.406012+00:00","sec_items":["8.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"NewtekOne completes sale of NTS to Paltalk for $4M cash + 4M preferred shares, plus earn-out","bullets":["Sale of Newtek Technology Solutions to Paltalk closed Jan 2, 2025; consideration $4M cash and 4M shares of Paltalk non-voting preferred (convertible to common).","Potential earn-out of up to $5M based on Paltalk's cumulative adjusted EBITDA for fiscal years 2025-2026.","NewtekOne gains one board seat on Paltalk's board post-closing.","Divestiture fulfills Federal Reserve commitment after NewtekOne's acquisition of Newtek Bank and transition to financial holding company."],"urls":{"canonical":"https://secwatch.observer/filing/0001587987-25-000002","json":"https://secwatch.observer/filing/0001587987-25-000002.json","markdown":"https://secwatch.observer/filing/0001587987-25-000002.md","text":"https://secwatch.observer/filing/0001587987-25-000002.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1587987/000158798725000002/0001587987-25-000002-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1587987/000158798725000002/newt-20250102.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T18:14:52.406012+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}