Runway Growth Finance Corp. has entered into a definitive agreement to acquire SWK Holdings Corporation, a specialty finance company focused on healthcare and life sciences investments. The transaction is valued at approximately $220 million based on SWK's June 30, 2025, financials, and includes a fixed stock component of about $75.5 million in Runway Growth shares and approximately $145 million in cash. The cash portion will be determined by SWK's final net asset value 48 hours prior to closing. Additionally, Runway Growth Capital LLC will contribute $9 million in cash for distribution to SWK stockholders, separate from the main consideration. The acquisition is expected to enhance Runway Growth's financial profile, accelerate portfolio diversification, and be accretive to net investment income.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Runway Growth Finance Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-236076), on October 09, 2025, and is solely responsible for the information contained therein.
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