SWK Holdings Completes Merger with Runway Growth Finance, Delists from Nasdaq

summarizeSummary

SWK Holdings Corporation has completed its merger with Runway Growth Finance Corp., resulting in its delisting from Nasdaq and a change in control.

check_boxKey Events

• Merger Consummated

  SWK Holdings officially merged with Runway Growth Finance Corp. on April 6, 2026, following shareholder approval on March 31, 2026.

• Delisting from Nasdaq

  The company's common stock has been delisted from Nasdaq, and it plans to suspend SEC reporting obligations, marking the end of its public trading.

• Shareholder Consideration

  Former SWK Holdings shareholders received either 1.7264 shares of RWAY common stock or $20.59 in cash, plus an additional $0.74 cash per share, subject to proration.

• Change in Control & Leadership

  SWK Holdings is now a wholly-owned subsidiary of RWAY, with all previous officers and directors replaced by RWAY's leadership.

auto_awesomeAnalysis

The filing confirms the consummation of the previously announced merger between SWK Holdings Corporation and Runway Growth Finance Corp. (RWAY) on April 6, 2026. This marks the end of SWK Holdings as an independent publicly traded entity, with its common stock being delisted from Nasdaq and the company intending to cease its reporting obligations. Shareholders received either cash or RWAY common stock, plus an additional cash payment, in exchange for their SWK Holdings shares. This event fundamentally alters the investment thesis for SWK Holdings, as it is now a wholly-owned subsidiary of RWAY.