secwatch.observer — SEC 8-K summary
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Issuer:     SWK Holdings Corp (SWKHL)
CIK:        0001089907
Form:       8-K
Filed at:   2022-11-22T23:59:59+00:00
Accession:  0001552781-22-000641
Event type: debt
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SWK Holdings expands credit facility to $35M, extends maturity to Sep 2025
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- Term Loan Commitment increased to $35.0 million; termination date extended to September 30, 2025.
- Accordion feature allows up to $15.0 million additional commitment, subject to conditions.
- Interest accrues at Adjusted Term SOFR Index plus 2.65% margin, with a 1.00% floor.
- Company paid ~$0.2 million in amendment and other fees, capitalized as deferred financing costs.
- Cadence Bank waived an existing default from share repurchases exceeding approved amounts by 31,588 shares and $648,752.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1089907/000155278122000641/0001552781-22-000641-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1089907/000155278122000641/e22501_swkh.htm
  HTML page:      https://secwatch.observer/filing/0001552781-22-000641

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