NEWTEK BUSINESS SERVICES CORP. (NASDAQ:NEWT) Files An 8-K Other Events
Item 8.01. Other Events.
On December 16, 2018, Keefe, Bruyette & Woods (“KBW”) issued an equity research report announcing, among other things, that the KBW Nasdaq Index 4Q18 rebalance effective after the market close on Friday, December 21, 2018, will result in a number of additions and deletions to the KBW Nasdaq family of indexes, including, among other things, the deletion of the Company’s common shares from the KBW Nasdaq Financial Sector Dividend Yield Index (KDX).
The information in this report shall not be deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section, and shall not be incorporated by reference into any registration statement to the Securities Act of 1933, as amended.
About NEWTEK BUSINESS SERVICES CORP. (NASDAQ:NEWT)
Newtek Business Services Corp. is a non-diversified closed-end management investment company. The Company is engaged in non-bank lending providing a range of business services and financial products under the Newtek brand to the small- and medium-sized business (SMB) market. Its products and services consist of Business Lending, Electronic Payment Processing, Managed Technology Solutions (Cloud Computing), e-commerce, Accounts Receivable Financing, The Secure Gateway, The Newtek Advantage, personal and commercial Insurance Services, Web Services, Data Backup, Storage and Retrieval, and Payroll Solutions. The Company offers services along with its controlled portfolio companies. The Company’s portfolio consists of guaranteed and unguaranteed non-affiliate loan investments that are through its small business finance platform.
