Amendment: SEC Form SCHEDULE 13D/A filed by NewtekOne Inc. 8.625% Fixed Rate Senior Notes due 2029
$NEWTH
Major Banks
Finance
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 11)
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NEWTEKONE, INC. (Name of Issuer) |
Common Stock, par value $0.02 per share (Title of Class of Securities) |
652526203 (CUSIP Number) |
Barry Sloane NewtekOne, Inc., 4800 T-Rex Avenue, Suite 120 Boca Raton, FL, 33431 212-356-9500 Michael A. Schwartz, Esq. NewtekOne, Inc., 1981 Marcus Avenue, Suite 130 Lake Success, NY, 11042 212-356-9500 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
02/11/2025 (Date of Event Which Requires Filing of This Statement) |
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the
Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other
provisions of the Act (however, see the Notes).
SCHEDULE 13D
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| CUSIP No. | 652526203 |
| 1 |
Name of reporting person
SLOANE, BARRY | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
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| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
PF | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
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| 6 | Citizenship or place of organization
UNITED STATES
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
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| 11 | Aggregate amount beneficially owned by each reporting person
1,364,130.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
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| 13 | Percent of class represented by amount in Row (11)
5.2 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
IN |
SCHEDULE 13D
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| Item 1. | Security and Issuer | |
| (a) | Title of Class of Securities:
Common Stock, par value $0.02 per share | |
| (b) | Name of Issuer:
NEWTEKONE, INC. | |
| (c) | Address of Issuer's Principal Executive Offices:
4800 T-Rex Avenue, Suite 120, Boca Raton,
FLORIDA
, 33431. | |
Item 1 Comment:
This Schedule 13D (the "Schedule 13D") amends and supplements Amendment No. 10 to Schedule 13D filed on May 15, 2024 ("Am. No. 10 Schedule 13D") relating to the shares of common stock, par value $0.02 per share (the "Shares"), of NewtekOne, Inc. (the "Issuer"). Except as expressly set forth herein, there have been no changes in the information set forth in Am. No. 10 Schedule 13D.
The Reporting Person is filing this Amendment No. 11 to the Schedule 13D to report acquisitions of Shares by Barry Sloane in the open market; the acquisition and disposition of Shares by Barry Sloane pursuant to grants of restricted Shares under the Issuer's 2015 and 2023 Stock Incentive Plans; and the receipt by Barry Sloane of Shares pursuant to regular quarterly dividends declared by the Issuer. | ||
| Item 5. | Interest in Securities of the Issuer | |
| (a) | Item 5 is hereby amended and resptated in its entirety as follows:
As of the date of this filing on Schedule 13D: Mr. Sloane holds, in the aggregate, 1,364,130 Shares of Common Stock, par value $0.02 per share. Based on information contained in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on November 12, 2024, the Issuer had 26,305,056 issued and outstanding Shares. Based on this amount, Mr. Sloane has total voting and dispositive power over 5.19% of the total issued and outstanding Shares of the Issuer. | |
| (b) | As of the date of this filing on Schedule 13D: Mr. Sloane holds and has sole voting and dispositive power over 1,170,459 Shares and has shared voting and dispositive power over 193,671 Shares owned by The B Sloane Family Foundation, a 501(c)(3) private foundation. | |
| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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