NewtekOne, Inc. has successfully listed 2,000,000 depositary shares on the Nasdaq Global Market under the ticker symbol "NEWTP." Each Depositary Share represents a 1/40th interest in the company's Series B Preferred Stock, with a liquidation preference of $1,000 per share, equivalent to $25.00 per Depositary Share. The offering has generated approximately $48.357 million in net proceeds for the company.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NewtekOne Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9517088-en) on August 25, 2025, and is solely responsible for the information contained therein.