---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-144599"
form_type: "8-K"
ticker: "RWAY"
cik: "0001653384"
company_name: "Runway Growth Finance Corp."
filed_at: "2026-04-07T23:59:59+00:00"
generated_at: "2026-05-15T07:02:28.126763+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Runway Growth closes SWK acquisition for $249M; Q1 portfolio update, Spreng returns as CIO

## Summary
- Acquired SWK Holdings for $249M: $75.5M in RWAY shares at $11.93 NAV and $173.5M cash; adviser contributed additional $9M.
- Pro forma total assets rise to $1.2B; healthcare/life sciences portfolio increases from 14% to ~32%.
- Q1 originations of $17.6M funded across 4 investments; $46.3M commitment to Dossier (partial funding Q2 2026).
- David Spreng returns as Chief Investment Officer; Investment Committee now Spreng, Raterman, and Schafer.

## SEC filing metadata
- accession: 0001193125-26-144599
- form_type: 8-K
- ticker: RWAY
- cik: 0001653384
- company_name: Runway Growth Finance Corp.
- filed_at: 2026-04-07T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1653384/000119312526144599/0001193125-26-144599-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1653384/000119312526144599/rway-20260407.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-144599
- JSON: https://secwatch.observer/filing/0001193125-26-144599.json
- Plain text: https://secwatch.observer/filing/0001193125-26-144599.txt

## Source-grounded claims
- claim_id: 516d3475cfa3a26f144019c56004888be70b7aa5
  claim: Runway Growth Finance Corp. incurred senior notes of $30,000,000 million in aggregate principal amount with Wilmington Trust, National Association at 9.00% maturing 2027.
  evidence_excerpt: the Company entered into a third supplemental indenture (the “Third Supplemental Indenture”) by and between the Company and Wilmington Trust, National Association (the “Trustee”), effective as of the closing of the Merger. The Third Supplemental Indenture relates to the Company’s assumption of $30,000,000 million in aggregate principal amount of SWK’s 9.00% Senior Notes due 2027 (the “2027 Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1653384/000119312526144599/0001193125-26-144599-index.htm
- claim_id: 0415a1235756c952bc59855870cbc574e008b118
  claim: Runway Growth Finance Corp. completed an acquisition involving SWK Holdings Corporation for each outstanding share of common stock of SWK was converted into the right to receive (i) either (A) 1.7264 shares of common stock of the Company or (B) $20.59 (closed 2026-04-06).
  evidence_excerpt: time of the First Merger, each outstanding share of common stock, par value $0.001 per share, of SWK (“SWK Common Stock”) was converted into the right to receive (i) either (A) 1.7264 shares of common stock, par value $0.01 per share, of the Company (“Company Common Stock”) or (B) $20.59 in cash (based on the election of the holder thereof in accordance with
  evidence_url: https://www.sec.gov/Archives/edgar/data/1653384/000119312526144599/0001193125-26-144599-index.htm

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