Source-grounded facts extracted from SWK Holdings Corp's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
SWK Holdings Corp terminated Credit Agreement with First Horizon Bank (effective 2026-04-06).
“on April 6, 2026, the Company and its subsidiaries terminated all outstanding lender commitments, under that certain Credit Agreement, dated June 28, 2023, by and among the Company, SWK Funding LLC, a Delaware limited liability company and First Horizon Bank (as amended, modified or otherwise supplemented from time to time, the “Credit Agreement”).”
SWK Holdings Corp amended Second Supplemental Indenture with Wilmington Trust, National Association valued at $30.0 million aggregate principal amount (effective 2026-04-06).
“on April 6, 2026, the Company entered into the Second Supplemental Indenture (the “Second Supplemental Indenture”), between the Company and Wilmington Trust, National Association, as trustee (the “Trustee”), to the Indenture, dated as of October 3, 2023, between the Company and the Trustee (as amended and supplemented by the First Supplemental Indenture, dated as of October 3, 2023, the “Base Indenture”), under which the Company issued $30.0 million aggregate principal amount of its 9.00% Senior Notes due 2027 (the “2027 Notes”).”
SWK Holdings Corp underwent a change of control involving Runway Growth Finance Corp. for either 1.7264 shares of RWAY Common Stock or $20.59 in cash, plus $0.74 in cash per share (closed 2026-04-06).
“Time”), each outstanding share of common stock, par value $0.001 per share, of the Company (“Company Common Stock”) was converted into the right to receive (i) either (A) 1.7264 shares of common stock, par value $0.01 per share, of RWAY (“RWAY Common Stock” and such consideration, the “Per Share Stock Consideration”) or (B) $20.59 in cash (the “Per Share”
SWK Holdings Corp amended credit facility of $7.5 million with First Horizon Bank.
“On February 12, 2026, SWK Holdings Corporation (the “Company”), SWK Funding LLC, First Horizon Bank and the financial institutions party thereto entered into a Seventh Amendment to Credit Agreement (the “Amendment”), which amended the Credit Agreement, dated as of June 28, 2023 (as amended by the Amendment, the “Credit Agreement”), by and among the Company, SWK Funding LLC, the lenders party thereto and First Horizon Bank as a lender and agent, in order to, effective as of February 12, 2026, amend the financial covenants and reduce the aggregate commitments thereunder from $10.0 million to $7.5 million.”
SWK Holdings Corp amended credit facility of $60.0 million to $10.0 million with First Horizon Bank.
“On December 4, 2025, SWK Holdings Corporation (the “Company”), SWK Funding LLC, First Horizon Bank and the financial institutions party thereto entered into a Sixth Amendment to Credit Agreement (the “Amendment”), which amended the Credit Agreement, dated as of June 28, 2023 (as amended by the Amendment, the “Credit Agreement”), by and among the Company, SWK Funding LLC, the lenders party thereto and First Horizon Bank as a lender and agent, in order to, effective as of December 4, 2025, reduce the aggregate commitments thereunder from $60.0 million to $10.0 million.”
SWK Holdings Corp completed a disposition involving SCOF SPV I, LP, an entity affiliated with Soleus Capital Management L.P. for $34.0 million (closed 2025-04-10).
“On April 10, 2025, the Company completed the transactions contemplated by the Purchase and Sale Agreement and Purchaser paid the Company approximately $34.0 million in cash and assumed certain related liabilities.”
Marcus Pennington resigned as Director at SWK Holdings Corp.
“On September 30, 2024, Marcus Pennington resigned from the Board of Directors (the “Board”) of SWK Holdings Corporation (the “Company”), effective October 1, 2024 (the “Effective Date”).”
Adam Rice was appointed as Chief Financial Officer at SWK Holdings Corp.
“On July 8, 2024, SWK Holdings, Inc. (the “Company”) announced that on July 3, 2024, the Board of Directors (the “Board”) of the Company, appointed Adam Rice as Chief Financial Officer of the Company, effective as of July 3, 2024.”
SWK Holdings Corp reported the fourth quarter ended December 31, 2023 results: revenue $9.9 million, net income $2.8 million.
“and royalty products targeting innovative life science companies. Fourth Quarter 2023 Financial Results For the fourth quarter 2023, SWK reported total revenue of $9.9 million, a 0.9% increase compared to $9.8 million for the fourth quarter 2022. The increase in revenue for the three months ended December 31, 2023 consisted of a $0.6 million increase”
SWK Holdings Corp entered into Exclusive Option and Asset Purchase Agreement with AptarGroup, Inc. valued at low-single digit million dollar option fee (effective 2024-03-13).
“On March 13, 2024, Enteris Biopharma, Inc. (“Enteris”), a wholly owned subsidiary of SWK Holdings Corporation (“SWK”), and SWK entered into an exclusive option and asset purchase agreement (the “Exclusive Option and Asset Purchase Agreement”) with AptarGroup, Inc. (“Aptar”), pursuant to which Enteris granted to Aptar an exclusive option (the “Option”) to acquire certain of Enteris’s assets related to its business of providing good manufacturing practice (GMP) manufacturing and clinical supply services through Phase 1 and 2 to third parties (collectively, the “Assets”), subject to certain exclusions.”
Joe D. Staggs was appointed as Principal Financial and Accounting Officer (interim) at SWK Holdings Corp.
“Joe D. Staggs, the Company’s President and Chief Executive Officer, will assume the responsibilities of principal financial and accounting officer on an interim basis.”
Yvette Heinrichson resigned as Chief Financial Officer at SWK Holdings Corp.
“On January 30, 2024, Yvette Heinrichson, the Chief Financial Officer and principal financial and accounting officer of SWK Holdings Corporation (the “Company”), notified the Company of her decision to resign, effective February 13, 2024”
SWK Holdings Corp reported third quarter 2023 results: revenue $9.0 million, net income $4.5 million, EPS $0.36 per diluted share.
“For the third quarter 2023, SWK reported total revenue of $9.0 million, a 34.2% decrease compared to $13.6 million for the third quarter 2022.”
SWK Holdings Corp amended credit facility of from $45.0 million to $60.0 million with First Horizon Bank.
“WK Funding LLC, First Horizon Bank and the financial institutions party thereto entered into a First Amendment to Credit Agreement (the”
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.
“On October 3, 2023, the Company completed the previously announced offering of $30,000,000 in aggregate principal amount of the Notes.”
SWK Holdings Corp entered into Base Indenture with Wilmington Trust, National Association, as trustee (effective 2023-10-03).
“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”).”
SWK Holdings Corp entered into First Supplemental Indenture with Wilmington Trust, National Association, as trustee valued at $30,000,000 (effective 2023-10-03).
“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”).”
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).
“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”).”
SWK Holdings Corp reported Second Quarter 2023 results: revenue 9.5 million, net income 3.9 million, EPS 0.31.
“business line, and working with the team at Enteris to maximize value.” Second Quarter 2023 Financial Results For the second quarter 2023, SWK reported total revenue of $9.5 million, a 36.8% increase compared to $6.9 million for the second quarter 2022. The $2.5 million increase in Finance Receivables segment revenue was primarily due to $2.5 million”
SWK Holdings Corp incurred revolving credit of $45.0 million with First Horizon Bank, as a Lender and Agent at Term SOFR plus 3.75% maturing 2027-06-28.
“as a Lender and Agent (the “Agent”). The Credit Agreement provides for a revolving credit facility (the “Revolving Credit Facility”) with an initial maximum principal amount of $45.0 million (the “Maximum Loan Amount”). The Credit Agreement provides that the Company may request one or more incremental increases to the Maximum Principal Amount by an aggregate amount”
SWK Holdings Corp terminated Loan and Security Agreement with Cadence Bank, N.A. valued at Terminated existing credit agreement with no outstanding balance; paid approximately $60,000 in inte (effective 2023-06-28).
“In anticipation of closing of the Revolving Credit Facility, on June 28, 2023, the Company paid approximately $60,000 in interest and legal expenses, satisfying in full its obligations under the Existing Credit Agreement, and provided written notice of termination of the Existing Credit Agreement, effective as of June 28, 2023.”
SWK Holdings Corp entered into Credit Agreement with First Horizon Bank valued at Revolving credit facility with initial maximum principal amount of $45.0 million, with ability to in (effective 2023-06-28).
“On June 28, 2023, SWK Holdings Corporation (the “Company”) entered into a new Credit Agreement (the “Credit Agreement”), by and among the Company, SWK Funding LLC, a Delaware limited liability company and wholly-owned subsidiary of the Company (“SWK Funding” and together with the Company, the “Borrower”), the lenders party thereto (each a “Lender” and collectively, the “Lenders”), and First Horizon Bank, as a Lender and Agent (the “Agent”).”
SWK Holdings Corp shareholders approved Advisory approval of executive compensation at the 2023-06-14 meeting.
“Proposal 3 – Approval, on an advisory basis, of the compensation paid to certain executive officers. The stockholders approved, on an advisory basis, the compensation paid to certain executive officers, as follows: For Against Abstain Broker Non-Votes 10,791,587 326,870 826,999 317,981”
SWK Holdings Corp shareholders approved Ratification of Independent Registered Public Accountants at the 2023-06-14 meeting.
“Proposal 2 – Ratification of Independent Registered Public Accountants. The appointment of BPM LLP as the Company’s independent registered public accounting firm for the 2023 fiscal year was ratified, as follows: For Against Abstain 12,262,940 402 95”
SWK Holdings Corp shareholders approved Election of Directors at the 2023-06-14 meeting.
“Proposal 1 – Election of Directors. Each of Jerry Albright, Laurie L. Dotter, Robert K. Hatcher and Marcus Pennington were elected to the Board of Directors, by a plurality of votes, to serve until the Company’s 2024 Annual Meeting of Stockholders and until their respective successors have been elected and qualified, or their earlier resignation, death or removal, with the voting results being as follows: Nominee For Withheld Broker Non-Votes Jerry Albright 10,993,355 952,101 317,981 Laurie L. Dotter 11,820,066 125,390 317,981 Robert K. Hatcher 10,839,490 1,105,966 317,981 Marcus E. Pennington 11,566,301 379,155 317,981”
SWK Holdings Corp reported first quarter ended March 31, 2023 results: revenue $9.4 million, net income $4.6 million, EPS $0.36 per diluted share.
“For the first quarter 2023, SWK reported total revenue of $9.4 million, a 15.3% decrease compared to $11.1 million for the first quarter 2022. The $1.7 million decrease in revenue for the three months ended March 31, 2023, consisted of a $1.1 million decrease in Finance Receivables segment revenue and a $0.6 million decrease in Pharmaceutical Development segment revenue. The $1.1 million decrease in Finance Receivables segment revenue was primarily due to a $5.3 million decrease in interest, fees and royalties earned on finance receivables that were paid off in 2022, which was partially offset by a $4.4 million increase in interest and fees earned due to funding new and existing loans. Pre-tax net income for the quarter was flat at $4.5 million for the three months ended March 31, 2023, compared to $4.6 million for the same period of the previous year. The slight year-over-year decrease is primarily due to a $1.7 million decrease in consolidated revenue, partially offset by a $1.9 mill”
SWK Holdings Corp reported the fourth quarter ended December 31, 2022 results: revenue $9.8 million, net income $2.8 million.
“For the fourth quarter 2022, SWK reported total revenue of $9.8 million, a 34.5% decrease compared to $15.0 million for the fourth quarter 2021. The $5.2 million decrease in revenue consisted of a $5.4 million decrease in Pharmaceutical Development segment revenue and a $0.3 million increase in Finance Receivables segment revenue. The decrease in Pharmaceutical Development segment revenue included $5.0 million of milestone revenue related to Enteris’ License Agreement with Cara received during the three months ended December 31, 2021 that did not repeat during the three months ended December 31, 2022. The $0.3 million increase in Finance Receivables segment revenue was due to an $0.8 million increase in interest and fees earned on finance receivables, which was partially offset by a $0.5 million net decrease in royalty revenue due to the achievement of return premiums that caused a step down in royalty rates. Net loss before income tax benefit for the fourth quarter of 2022 was $4.4 mi”
Jerry Albright was appointed as Director at SWK Holdings Corp.
“the Board appointed Jerry Albright to serve as a director of the Board, effective as of the Effective Date”
Wendy DiCicco resigned as Director at SWK Holdings Corp.
“On March 10, 2023, Wendy DiCicco resigned from the Board of Directors (the “Board”) of SWK Holdings Corporation (the “Company”), effective March 15, 2023 (the “Effective Date”).”
Jody Staggs was appointed as Chief Executive Officer at SWK Holdings Corp.
“appointed Jody Staggs, the Company’s current President and Interim Chief Executive Officer, as Chief Executive Officer, effective January 1, 2023.”
SWK Holdings Corp amended credit facility of $35.0 million with Cadence Bank, successor by merger to Cadence Bank, N.A., successor by merger to State Bank and Trust Company, as a lender and administrative agent at Adjusted Term SOFR Index, with a floor of 1.00 percent, plus a 2.65 percent marg maturing September 30, 2025.
“Pursuant to the Fifth Amendment, the Loan Agreement was amended to increase the Term Loan Commitment to $35.0 million and to extend the Loan Agreement Termination Date to September 30, 2025.”
SWK Holdings Corp amended Fifth Amendment with Cadence Bank valued at $35.0 million (effective 2022-11-16).
“Pursuant to the Fifth Amendment, the Loan Agreement was amended to increase the Term Loan Commitment to $35.0 million and to extend the Loan Agreement Termination Date to September 30, 2025.”
SWK Holdings Corp reported the third quarter ended September 30, 2022 results: revenue $13.6 million, net income $6.6 million, or $0.51 per diluted share, EPS $0.51 per diluted share.
“drive value creation for SWK, translating to solid returns for our shareholders.” Third Quarter 2022 Financial Results For the third quarter 2022, SWK reported total revenue of $13.6 million, a 42.4% increase compared to $9.6 million for the third quarter 2021. The $4.0 million increase in revenue was primarily due to $5.0 million of milestone revenue related to”
Yvette Heinrichson was appointed as Chief Financial Officer at SWK Holdings Corp.
“On October 3, 2022, the Company announced that its Board of Directors (the “Board”) appointed Yvette Heinrichson as Chief Financial Officer of the Company, effective October 3, 2022.”
Charles Jacobson resigned as Chief Financial Officer at SWK Holdings Corp.
“On October 3, 2022, Charles Jacobson, the Chief Financial Officer of SWK Holdings Corporation (the “Company”), notified the Company of his decision to resign, effective October 3, 2022.”
Jody Staggs was appointed as President and Interim Chief Executive Officer at SWK Holdings Corp.
“on September 1, 2022, the Company appointed Jody Staggs as the Company’s President, effective as of September 1, 2022, and Interim Chief Executive Officer, effective as of September 30, 2022.”
Jody Staggs was appointed as Interim Chief Executive Officer at SWK Holdings Corp.
“The Company’s Board of Directors has appointed Jody Staggs to be the Company’s President, effective as of September 1, 2022, and the Interim Chief Executive Officer of the Company, effective as of the Separation Date.”
Jody Staggs was appointed as President at SWK Holdings Corp.
“The Company’s Board of Directors has appointed Jody Staggs to be the Company’s President, effective as of September 1, 2022, and the Interim Chief Executive Officer of the Company, effective as of the Separation Date.”
Winston L. Black III departed as Director at SWK Holdings Corp.
“On September 1, 2022, SWK Holdings Corporation (the “Company”) announced that the Company and Winston L. Black III, Chief Executive Officer of the Company and a member of its Board of Directors have mutually agreed that Mr. Black would depart from his current positions with the Company, effective September 30, 2022 (the “Separation Date”).”
Winston L. Black III departed as Chief Executive Officer at SWK Holdings Corp.
“On September 1, 2022, SWK Holdings Corporation (the “Company”) announced that the Company and Winston L. Black III, Chief Executive Officer of the Company and a member of its Board of Directors have mutually agreed that Mr. Black would depart from his current positions with the Company, effective September 30, 2022 (the “Separation Date”).”
Robert K. Hatcher was appointed as Director at SWK Holdings Corp.
“On February 15, 2022, the Board of Directors (the “Board”) of SWK Holdings Corporation (the “Company”) appointed Wendy DiCicco and Robert K. Hatcher, effective immediately, to serve as members of the Board for a term expiring at the Company’s 2022 annual meeting of shareholders.”
Wendy DiCicco was appointed as Director at SWK Holdings Corp.
“On February 15, 2022, the Board of Directors (the “Board”) of SWK Holdings Corporation (the “Company”) appointed Wendy DiCicco and Robert K. Hatcher, effective immediately, to serve as members of the Board for a term expiring at the Company’s 2022 annual meeting of shareholders.”
Laurie Dotter was appointed as Director at SWK Holdings Corp.
“On February 9, 2022, the Board appointed Laurie Dotter, effective immediately, to serve as a member of the Board for a term expiring at the Company’s 2022 annual meeting of stockholders.”
Edward B. Stead resigned as director at SWK Holdings Corp.
“On January 5, 2022, Edward B. Stead delivered his resignation as a director of the Company effective on January 6, 2022.”
Michael Weinberg resigned as director at SWK Holdings Corp.
“On January 6, 2022, each of D. Blair Baker, Christopher W. Haga and Michael Weinberg delivered their respective resignations as directors of the Company effective at 5:00 p.m. Central time on January 7, 2022.”
Christopher W. Haga resigned as director at SWK Holdings Corp.
“On January 6, 2022, each of D. Blair Baker, Christopher W. Haga and Michael Weinberg delivered their respective resignations as directors of the Company effective at 5:00 p.m. Central time on January 7, 2022.”
D. Blair Baker resigned as director at SWK Holdings Corp.
“On January 6, 2022, each of D. Blair Baker, Christopher W. Haga and Michael Weinberg delivered their respective resignations as directors of the Company effective at 5:00 p.m. Central time on January 7, 2022.”
Aaron Fletcher resigned as Director at SWK Holdings Corp.
“On November 11, 2021 Aaron Fletcher informed the Company that he would be resigning as a director of SWK Holdings Corporation (the “Company”) no later than December 31, 2021.”
Aaron Fletcher departed as Director at SWK Holdings Corp.
“On November 9, 2021 and November 11, 2021, respectively, Messrs. Edward Stead and Aaron Fletcher informed the Company that they will be resigning as a director of SWK Holdings Corporation (the “Company”) no later than December 31, 2021.”
Edward Stead departed as Director at SWK Holdings Corp.
“On November 9, 2021 and November 11, 2021, respectively, Messrs. Edward Stead and Aaron Fletcher informed the Company that they will be resigning as a director of SWK Holdings Corporation (the “Company”) no later than December 31, 2021.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.