M&A
confidence high
sentiment positive
materiality 0.80
SWK Holdings closes $34M royalty sale, declares $4.00 special dividend
SWK Holdings Corp
- Closed sale of majority of royalty portfolio to Soleus Capital affiliate for $34M cash.
- Special cash dividend of $4.00/share declared; payable May 8, 2025 to holders of record April 24.
- CEO says sale valued assets at approx GAAP carrying value; retains ~$220M life science loan portfolio.
- Pro forma shows 2024 net income would have been $7.9M vs $13.5M as reported after removing royalty income.