{"schema_version":"secwatch.filing_event.v1","accession":"0001552781-23-000397","form_type":"8-K","ticker":"SWKHL","cik":"0001089907","company_name":"SWK Holdings Corp","filed_at":"2023-10-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.187956+00:00","generated_at":"2026-06-10T05:10:40.375527+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"SWK Holdings closes $30M offering of 9.00% Senior Notes due 2027","bullets":["$30M aggregate principal of 9.00% Senior Notes due 2027 issued on Oct 3, 2023; underwriters have 30-day option for additional $4.5M.","Net proceeds approx. $28.3M after discounts, commissions and expenses.","Interest payable quarterly at 9% starting Dec 31, 2023; maturity Jan 31, 2027.","Notes are senior unsecured; redeemable at 102% after Sep 30, 2025, at 100% after Sep 30, 2026, with make-whole option before first call date.","Proceeds for general corporate purposes including acquisitions, debt repayment, capex, and working capital."],"urls":{"canonical":"https://secwatch.observer/filing/0001552781-23-000397","json":"https://secwatch.observer/filing/0001552781-23-000397.json","markdown":"https://secwatch.observer/filing/0001552781-23-000397.md","text":"https://secwatch.observer/filing/0001552781-23-000397.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1089907/000155278123000397/0001552781-23-000397-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1089907/000155278123000397/e23407_swkh-8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T05:10:40.375527+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3665e2e202bf773d3a35c45c856cba8908c820fe","claim":"SWK Holdings Corp incurred senior notes of $30,000,000 in aggregate principal amount with Wilmington Trust, National Association at 9.00% per annum maturing January 31, 2027.","evidence_excerpt":"On October 3, 2023, the Company completed the previously announced offering of $30,000,000 in aggregate principal amount of the Notes.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1089907/000155278123000397/0001552781-23-000397-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$30,000,000 in aggregate principal amount"},{"label":"Counterparty","value":"Wilmington Trust, National Association"},{"label":"Rate","value":"9.00% per annum"},{"label":"Maturity","value":"January 31, 2027"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"3ba05e7d6dd891e11e6bc0a17abdb79ee96104ad","claim":"SWK Holdings Corp entered into First Supplemental Indenture with Wilmington Trust, National Association, as trustee valued at $30,000,000 (effective 2023-10-03).","evidence_excerpt":"The Notes were issued pursuant to the First Supplemental Indenture (the “First Supplemental Indenture”), dated as of October 3, 2023, between the Company and Wilmington Trust, National Association, as trustee (the “Trustee”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1089907/000155278123000397/0001552781-23-000397-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Wilmington Trust, National Association, as trustee"},{"label":"Value","value":"$30,000,000"},{"label":"Effective","value":"2023-10-03"}],"fact_type":"material_agreement"},{"claim_id":"4b47a0e64048f452da90335d7b4a83868f50e6a5","claim":"SWK Holdings Corp entered into Underwriting Agreement with B. Riley Securities, Inc. as representative of the several underwriters valued at $30,000,000 (effective 2023-09-28).","evidence_excerpt":"On September 28, 2023, SWK Holdings Corporation (the “Company”) entered into an Underwriting Agreement with B. Riley Securities, Inc. as representative (the “Representative”) of the several underwriters named therein (the “Underwriters”), providing for, among other things, the sale by the Company and the purchase by the Underwriters, acting severally and not jointly, of $30,000,000 in aggregate principal amount of the Company’s 9.00% Senior Notes due 2027 (the “Notes”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1089907/000155278123000397/0001552781-23-000397-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"B. Riley Securities, Inc. as representative of the several underwriters"},{"label":"Value","value":"$30,000,000"},{"label":"Effective","value":"2023-09-28"}],"fact_type":"material_agreement"},{"claim_id":"6082092ead2509010c76765c14d92f56face5c1a","claim":"SWK Holdings Corp entered into Base Indenture with Wilmington Trust, National Association, as trustee (effective 2023-10-03).","evidence_excerpt":"The First Supplemental Indenture supplements the Indenture entered into by and between the Company and the Trustee, dated as of October 3, 2023 (the “Base Indenture” and, together with the First Supplemental Indenture, the “Indenture”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1089907/000155278123000397/0001552781-23-000397-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Wilmington Trust, National Association, as trustee"},{"label":"Effective","value":"2023-10-03"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}