On May 22, 2024, NewtekOne, Inc. entered into an underwriting agreement with Keefe, Bruyette & Woods, Inc., as representative of the several underwriters, in connection with the Company?s issuance, offer and sale of $62,500,000 aggregate principal amount of the Company?s 8.50% Fixed Rate Senior Notes due 2029. In addition, pursuant to the Underwriting Agreement, the Company granted an option to the Underwriters to purchase up to an additional $9,375,000 aggregate principal amount of the Notes.