AcquisitionsApr 7, 2026, 11:58 AM
Runway Growth Finance Corp. Completes Acquisition of SWK Holdings; SWK Shareholders Receive Up to 1.7264 RWAY Shares or $20.59 Cash Plus $0.74 Cash Per Share
AI Summary
Runway Growth Finance Corp. (RWAY) announced the completion of its previously announced acquisition of SWK Holdings Corporation on April 6, 2026. This strategic transaction, initially outlined in an Agreement and Plan of Merger dated October 9, 2025, involved a multi-step merger process culminating in SWK merging into RWAY. The acquisition is expected to integrate SWK's operations and assets into Runway Growth Finance, potentially expanding its market footprint and portfolio. SWK shareholders received a combination of RWAY common stock or cash, along with an additional cash component, for each of their shares.
Key Highlights
- Runway Growth Finance Corp. completed the acquisition of SWK Holdings Corporation on April 6, 2026.
- The acquisition was executed pursuant to an Agreement and Plan of Merger dated October 9, 2025.
- Each outstanding share of SWK Common Stock was converted into the right to receive either 1.7264 shares of RWAY Common Stock or $20.59 in cash, based on holder election and subject to proration.
- Additionally, SWK shareholders received an extra $0.74 in cash per share, representing a pro rata share, regardless of their stock or cash election.