---
schema_version: "secwatch.filing_event.v1"
accession: "0001552781-25-000317"
form_type: "8-K"
ticker: "SWKHL"
cik: "0001089907"
company_name: "SWK Holdings Corp"
filed_at: "2025-10-10T23:59:59+00:00"
generated_at: "2026-05-17T04:03:21.789816+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SWK Holdings to be acquired by Runway Growth Finance in stock/cash merger; key holder backing

## Summary
- Stockholders can elect cash or stock; expected guaranteed cash payment of ~$0.74/share from Parent External Adviser.
- Key stockholder Double Black Diamond Offshore Ltd., holding ~69.9% of SWKH voting power, agrees to vote in favor.
- Termination fee of $8,225,000 payable by SWK under certain circumstances, including change of recommendation.
- Closing conditions include stockholder approval, NASDAQ listing of Parent stock, HSR waiting period, and no lower collar trigger.
- Merger structured as three-step process: Acquisition Sub merges into SWK, then into Intermediary Sub, then into Parent.

## SEC filing metadata
- accession: 0001552781-25-000317
- form_type: 8-K
- ticker: SWKHL
- cik: 0001089907
- company_name: SWK Holdings Corp
- filed_at: 2025-10-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1089907/000155278125000317/0001552781-25-000317-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1089907/000155278125000317/e25356_swkh-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552781-25-000317
- JSON: https://secwatch.observer/filing/0001552781-25-000317.json
- Plain text: https://secwatch.observer/filing/0001552781-25-000317.txt

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