NewtekOne Reports on Security Holder Votes and Notes
Ticker: NEWTH · Form: 8-K · Filed: Jun 16, 2025 · CIK: 1587987
| Field | Detail |
|---|---|
| Company | Newtekone, Inc. (NEWTH) |
| Form Type | 8-K |
| Filed Date | Jun 16, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, debt-issuance, shareholder-vote
Related Tickers: NEWT
TL;DR
NewtekOne holding shareholder vote, check out their 2026-2029 notes.
AI Summary
NewtekOne, Inc. filed an 8-K on June 16, 2025, to report on the submission of matters to a vote of security holders. The filing indicates various notes due in 2026, 2028, and 2029, including 5.50% Notes Due 2026, 8.0% Notes Due 2028, 8.5% Notes Due 2029, and 8.625% Notes Due 2029. The company is incorporated in Maryland and its former name was Newtek Business Services Corp.
Why It Matters
This filing informs investors about upcoming votes and details the terms of various outstanding debt instruments, which are crucial for understanding the company's financial structure and obligations.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of corporate actions and debt instruments without immediate negative or positive financial implications.
Key Numbers
- 2026 — Note Maturity Year (Indicates a debt maturity for 5.50% notes.)
- 2028 — Note Maturity Year (Indicates a debt maturity for 8.0% notes.)
- 2029 — Note Maturity Year (Indicates debt maturities for 8.5% and 8.625% notes.)
Key Players & Entities
- NewtekOne, Inc. (company) — Filer
- Newtek Business Services Corp. (company) — Former company name
- 5.50% Notes Due 2026 (dollar_amount) — Debt instrument
- 8.0% Notes Due 2028 (dollar_amount) — Debt instrument
- 8.5% Notes Due 2029 (dollar_amount) — Debt instrument
- 8.625% Notes Due 2029 (dollar_amount) — Debt instrument
FAQ
What specific matters are being submitted to a vote of security holders?
The filing states that matters are being submitted to a vote of security holders, but the specific details of these matters are not elaborated upon in the provided text.
What is the purpose of filing this 8-K on June 16, 2025?
The purpose is to report on the submission of matters to a vote of security holders, as required by Section 13 or 15(d) of the Securities Exchange Act of 1934.
What are the different types of notes issued by NewtekOne, Inc. mentioned in the filing?
The filing mentions 5.50% Notes Due 2026, 8.0% Notes Due 2028, 8.5% Notes Due 2029, and 8.625% Notes Due 2029.
In which state is NewtekOne, Inc. incorporated?
NewtekOne, Inc. is incorporated in Maryland.
What was the former name of NewtekOne, Inc.?
The former name of NewtekOne, Inc. was Newtek Business Services Corp.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on June 16, 2025 regarding NewtekOne, Inc. (NEWTH).