Runway Growth Closes $249M Acquisition of SWK Holdings

Runway Growth Finance Corp. (Nasdaq: RWAY) has closed its previously announced acquisition of SWK Holdings Corporation. The final purchase price is $249.0 million, consisting of $75.5 million in Runway Growth shares valued at closing NAV per share of $11.93 and $173.5 million in cash.

The transaction closed on April 6, 2026. Runway Growth Capital LLC, the company’s external investment adviser, also committed an additional $9.0 million in cash as consideration to SWK stockholders. The acquisition is expected to be accretive to net investment income and support improved dividend coverage.

Runway Growth describes SWK as a life science focused specialty finance company providing minimally dilutive financing to small- and mid-sized commercial-stage healthcare companies.