NewtekOne Inc. Lists Depositary Shares on Nasdaq Global Market Under Ticker "NEWTP" Following Successful Offering
Reuters
Aug 25
NewtekOne Inc. Lists Depositary Shares on Nasdaq Global Market Under Ticker "NEWTP" Following Successful Offering
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.
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