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Newtek Business Underwriting Agreement for Share Issuance

Story Highlights
  • NewtekOne, Inc. signed an underwriting agreement for 2,000,000 depositary shares.
  • The shares represent a 1/40th interest in Series B Preferred Stock, affecting capital structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Newtek Business Underwriting Agreement for Share Issuance

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Newtek Business ( (NEWT) ) has provided an update.

On August 13, 2025, NewtekOne, Inc. entered into an underwriting agreement with Keefe, Bruyette & Woods, Inc. and Raymond James & Associates, Inc. for the issuance and sale of 2,000,000 depositary shares. These shares represent a 1/40th interest in the company’s Series B Preferred Stock, with a liquidation preference of $1,000 per share, potentially impacting the company’s capital structure and market positioning.

The most recent analyst rating on (NEWT) stock is a Hold with a $15.00 price target. To see the full list of analyst forecasts on Newtek Business stock, see the NEWT Stock Forecast page.

Spark’s Take on NEWT Stock

According to Spark, TipRanks’ AI Analyst, NEWT is a Neutral.

Newtek Business’s overall stock score is primarily impacted by significant financial challenges, including zero revenue in 2024 and negative cash flow. However, the stock’s attractive valuation and positive earnings call highlights provide some optimism. Technical indicators and corporate events offer mixed signals, contributing to a moderate overall score.

To see Spark’s full report on NEWT stock, click here.

More about Newtek Business

NewtekOne, Inc. operates in the financial services industry, offering a range of banking and financial products. The company focuses on providing innovative solutions to small and medium-sized businesses.

Average Trading Volume: 215,603

Technical Sentiment Signal: Buy

Current Market Cap: $315.3M

For an in-depth examination of NEWT stock, go to TipRanks’ Overview page.

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