Highest-materiality recent filing
Merger completed April 6, 2026; each SWKH share converted into either 1.7264 RWAY shares or $20.59 cash plus $0.74 guaranteed cash payment.
SWK Holdings shareholders approve merger with Runway Growth Finance Corp.
11,240,819 shares voted FOR merger agreement; only 8,763 against; proposal approved.
SWK Holdings reduces credit facility from $10M to $7.5M, amends covenants
Aggregate credit commitments reduced from $10.0M to $7.5M via Seventh Amendment effective Feb 12, 2026.
SWK Holdings Q3 net income rises to $8.8M; effective yield reaches 16.9%
Q3 GAAP net income $8.8M ($0.72/diluted share) vs $3.5M ($0.28) YoY; revenue $10.9M, up 4.8%.
SWK Holdings to be acquired by Runway Growth Finance in stock/cash merger; key holder backing
Stockholders can elect cash or stock; expected guaranteed cash payment of ~$0.74/share from Parent External Adviser.
SWK Holdings to be acquired by Runway Growth Finance in ~$220M deal
Total purchase price approx. $220M based on SWK's 6/30/25 NAV; includes $75.5M in RWAY shares and ~$145M cash.
SWK Holdings receives $27.8M loan payoff from Elutia, expects $2.8M incremental income
Received $27.8M payoff from Elutia, exceeding net GAAP carrying value of $23.9M as of June 30, 2025.
SWK Holdings Q2 GAAP net income $3.5M; sells royalty portfolio, pays $4/share special dividend
GAAP net income $3.5M ($0.29/diluted share) vs $3.7M ($0.30) YoY; revenue $10.1M, -6.5%.
SWK Holdings Q1 2025 GAAP net income $4.5M, up from $0.5M; $4.00 special dividend paid
Q1 2025 GAAP net income $4.5M ($0.37/diluted share) vs $0.5M ($0.04) in Q1 2024.
SWK Holdings closes $34M royalty sale, declares $4.00 special dividend
Closed sale of majority of royalty portfolio to Soleus Capital affiliate for $34M cash.
SWK Holdings Q4 2024 net income $5.9M, revenue up 25%; monetizes royalty portfolio for $51.3M
Q4 GAAP net income $5.9M ($0.48/diluted) vs $2.8M ($0.23) YoY; total revenue $12.4M, up 25%.
SWK Holdings monetizes royalty portfolio for $51.3M; plans dividend
ANI Pharmaceuticals exercised buyout of Iluvien royalty for ~$17.3M.
SWK Holdings Reports Q3 2024 Net Income of $3.5 Million, Revenue Up 15.6%
Q3 2024 GAAP net income was $3.5 million, compared to $4.5 million in Q3 2023.
SWK Holdings appoints Adam Rice as CFO, promotes Courtney Baker to Controller
Adam Rice appointed CFO effective July 3, 2024; also named principal financial and accounting officer.
SWK Holdings authorizes $10M share repurchase program through May 2025
Board authorized up to $10M of common stock repurchases from May 16, 2024 to May 16, 2025.
SWK Holdings Q1 net income falls 80% to $0.9M on $6M loan impairment; revenue up 25.5%
GAAP net income of $0.9M ($0.07 diluted EPS) vs $4.6M ($0.36) in Q1 2023.
SWK Holdings Q4 net income $2.8M flat YoY; finance receivables up 16% to $288.4M
Q4 GAAP net income $2.8M, flat YoY; full year 2023 net income $15.9M vs $13.5M in 2022.
SWK grants Aptar exclusive option to acquire Enteris GMP assets for ~$6M plus fee
Exclusive option to buy Enteris's GMP manufacturing and clinical supply assets; option expires Jan 1, 2026.
SWK Holdings Q3 GAAP net income $4.5M ($0.36/diluted), down 32% YoY
GAAP net income $4.5M ($0.36 diluted EPS) vs $6.6M ($0.51) in Q3 2022; revenue $9.0M, down 34.2% YoY.
SWK Holdings closes $30M offering of 9.00% Senior Notes due 2027
$30M aggregate principal of 9.00% Senior Notes due 2027 issued on Oct 3, 2023; underwriters have 30-day option for additional $4.5M.
SWK Holdings Q2 GAAP net income $3.9M ($0.31/diluted), revenue $9.5M, up 36.8% YoY
GAAP net income $3.9M ($0.31 diluted EPS), up 596% from $0.6M ($0.04) in Q2 2022.
SWK Holdings authorizes $10M share repurchase program through May 2024
Board authorized up to $10M in share repurchases through May 16, 2024.
SWK Holdings Q1 net income rises 33% to $4.6M; revenue falls 15% to $9.4M
GAAP net income $4.6M ($0.36 diluted EPS) vs $3.5M ($0.27) YoY; revenue $9.4M down 15.3%.
SWK Holdings Q4 GAAP net income $2.8M, down 55% YoY; appoints new CEO Jody Staggs
GAAP net income $2.8M in Q4 2022 vs $6.3M in Q4 2021; pre-tax loss of $4.4M versus income of $8.4M.
SWK Holdings appoints Jody Staggs as permanent CEO effective Jan 1, 2023
Jody Staggs, previously interim CEO, named CEO; base salary $400,000.
SWK Holdings expands credit facility to $35M, extends maturity to Sep 2025
Term Loan Commitment increased to $35.0 million; termination date extended to September 30, 2025.
GAAP net income $6.6M ($0.51 per diluted share) vs $2.2M ($0.17) in Q3 2021, up 195%.
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”).
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.
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.
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
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”).
the Board appointed Jerry Albright to serve as a director of the Board, effective as of the Effective Date
appointed Jody Staggs, the Company’s current President and Interim Chief Executive Officer, as Chief Executive Officer, effective January 1, 2023.
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.
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.
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.
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”).
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.
Max materiality 0.90 · Median 0.60 · Most common event earnings