SWK Holdings names new CFO, repurchases $1M in stock, provides portfolio updates

SWK Holdings Corp

Adam Rice, CPA, joined as CFO in July; Courtney Baker promoted to Controller.
Repurchased 58,567 shares for $1.0M in Q2; YTD through July 15 bought 197,969 shares for $3.4M.
Funded $2.0M term loan to AOTI in May; Journey Medical drew $5.0M additional term loan in June.
Journey Medical can draw incremental $5.0M upon FDA approval of DFD-29 (PDUFA Nov 4, 2024).
Portfolio companies AOTI, Biolase, Biotricity, Elutia, Eton, Journey, Shield reported progress.

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