---
schema_version: "secwatch.filing_event.v1"
accession: "0001587987-25-000149"
form_type: "8-K"
ticker: "NEWT"
cik: "0001587987"
company_name: "NewtekOne, Inc."
filed_at: "2025-08-14T23:59:59+00:00"
generated_at: "2026-05-17T13:11:30.475304+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# NewtekOne to issue 2M depositary shares of 8.500% Series B Preferred Stock

## Summary
- Entered underwriting agreement with KBW and Raymond James to sell 2,000,000 depositary shares.
- Each depositary share represents a 1/40th interest in a share of 8.500% Series B Preferred Stock.
- Liquidation preference of $1,000 per preferred share ($25.00 per depositary share).
- Underwriters granted option to purchase up to an additional 150,000 depositary shares.
- The preferred stock is non-cumulative, perpetual, and has a fixed-rate reset feature.

## SEC filing metadata
- accession: 0001587987-25-000149
- form_type: 8-K
- ticker: NEWT
- cik: 0001587987
- company_name: NewtekOne, Inc.
- filed_at: 2025-08-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1587987/000158798725000149/0001587987-25-000149-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1587987/000158798725000149/newt-20250813.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001587987-25-000149
- JSON: https://secwatch.observer/filing/0001587987-25-000149.json
- Plain text: https://secwatch.observer/filing/0001587987-25-000149.txt

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