NewtekOne, Inc.NEWT
▼ NegativeCapitalrelevance
Company files for $650M mixed securities shelf offering, dilutive to existing shareholders; shares fell 2.4% post-market.

NewtekOne has filed for a mixed securities shelf offering of up to $650 million. Net proceeds from any future offerings under the shelf will be used for general corporate purposes. The securities may be offered at prices and on terms to be described in one or more supplements to the prospectus. NewtekOne shares fell 2.4% in post-market trading.
NewtekOne, Inc.Company files for $650M mixed securities shelf offering, dilutive to existing shareholders; shares fell 2.4% post-market.