---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-236260"
form_type: "8-K"
ticker: "RWAY"
cik: "0001653384"
company_name: "Runway Growth Finance Corp."
filed_at: "2025-10-10T23:59:59+00:00"
generated_at: "2026-05-17T04:04:59.119946+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Runway Growth Finance acquires SWK Holdings via stock/cash merger with key stockholder support

## Summary
- SWK stockholders may elect RWAY common stock (NAV-based exchange ratio) or cash equal to SWK per-share NAV.
- Adviser contributes $9M cash to be distributed pro rata to SWK stockholders as additional consideration.
- Key stockholder Double Black Diamond Offshore (69.9% of SWK) agrees to vote in favor of the merger.
- Third-party valuation of SWK portfolio assets must not be more than $5M below SWK's carrying value as closing condition.
- Merger subject to SWK stockholder approval, SEC registration statement effectiveness, and other customary conditions.

## SEC filing metadata
- accession: 0001193125-25-236260
- form_type: 8-K
- ticker: RWAY
- cik: 0001653384
- company_name: Runway Growth Finance Corp.
- filed_at: 2025-10-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1653384/000119312525236260/0001193125-25-236260-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1653384/000119312525236260/rway-20251010.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-236260
- JSON: https://secwatch.observer/filing/0001193125-25-236260.json
- Plain text: https://secwatch.observer/filing/0001193125-25-236260.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
