secwatch.observer — SEC 8-K summary
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Issuer:     SWK Holdings Corp (SWKHL)
CIK:        0001089907
Form:       8-K
Filed at:   2023-10-03T23:59:59+00:00
Accession:  0001552781-23-000397
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1089907/000155278123000397/0001552781-23-000397-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1089907/000155278123000397/e23407_swkh-8k.htm
  HTML page:      https://secwatch.observer/filing/0001552781-23-000397

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