---
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"
generated_at: "2026-06-10T05:10:40.375527+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SWK Holdings closes $30M offering of 9.00% Senior Notes due 2027

## Summary
- $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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552781-23-000397
- JSON: https://secwatch.observer/filing/0001552781-23-000397.json
- Plain text: https://secwatch.observer/filing/0001552781-23-000397.txt

## Key facts
- Debt Financings
  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.
  - Instrument: senior notes
  - Principal: $30,000,000 in aggregate principal amount
  - Counterparty: Wilmington Trust, National Association
  - Rate: 9.00% per annum
  - Maturity: January 31, 2027
  - Event: incurrence
  source text: On October 3, 2023, the Company completed the previously announced offering of $30,000,000 in aggregate principal amount of the Notes.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1089907/000155278123000397/0001552781-23-000397-index.htm
- Material Agreements
  SWK Holdings Corp entered into First Supplemental Indenture with Wilmington Trust, National Association, as trustee valued at $30,000,000 (effective 2023-10-03).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Wilmington Trust, National Association, as trustee
  - Value: $30,000,000
  - Effective: 2023-10-03
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1089907/000155278123000397/0001552781-23-000397-index.htm
- Material Agreements
  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).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: B. Riley Securities, Inc. as representative of the several underwriters
  - Value: $30,000,000
  - Effective: 2023-09-28
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1089907/000155278123000397/0001552781-23-000397-index.htm
- Material Agreements
  SWK Holdings Corp entered into Base Indenture with Wilmington Trust, National Association, as trustee (effective 2023-10-03).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Wilmington Trust, National Association, as trustee
  - Effective: 2023-10-03
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1089907/000155278123000397/0001552781-23-000397-index.htm

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