NewtekOne, Inc. 8-K

What Happened
On January 21, 2026 NewtekOne, Inc. (NEWT) announced it closed a securitization transaction. The company’s subsidiary, Newtek Business Service Holdco 6, Inc. (“Newtek ALP Holdings”), sold Class A, B and C notes issued by NALP Business Loan Trust 2026-1. The three classes of notes total $294,600,000 and are backed by $341,776,148 of collateral consisting of $284,376,148 of Company‑originated ALP loans plus a prefunding account to acquire additional ALP loans. The company furnished a press release as Exhibit 99.1 to the 8‑K. The notes were not registered under the Securities Act and may only be offered or sold in the U.S. pursuant to an exemption (e.g., Rule 144A).

Key Details

• Notes sold: Class A $251,880,000; Class B $35,880,000; Class C $6,840,000 — total $294,600,000.
• Collateral amount: $341,776,148 (includes $284,376,148 of company‑originated ALP loans + prefunding account).
• Entity and trust: Transaction executed by Newtek Business Service Holdco 6, Inc. (Newtek ALP Holdings) via NALP Business Loan Trust 2026‑1.
• Offering limits: Notes are unregistered under the Securities Act and may only be offered/sold in the U.S. under applicable exemptions (Rule 144A).

Why It Matters
This securitization converts a pool of ALP loans into marketable notes, providing NewtekOne with off‑balance financing and potential liquidity to support further loan originations. For investors, the deal affects the company’s funding mix and risk transfer of originated loans, and the Rule 144A restriction limits the initial investor base and public resale liquidity of the notes. The 8‑K presentation is furnished (not “filed”), which limits certain legal liabilities under the Exchange Act.