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Benzinga
Benzinga
Business
Lekha Gupta

Runway Growth Moves To Acquire SWK Holdings In Strategic Deal

SWK Runway
Merger,And,Acquisition,Business,Corporate,Cooperation,Company,Concept.,Ma,Partnership

SWK Holdings Corporation (NASDAQ:SWKH) shares are rocketing Friday after the company inked an acquisition deal to be acquired by Runway Growth Finance Corp. (NASDAQ:RWAY) for around $220 million.

The transaction will be structured as a NAV-for-NAV merger. The purchase price will be based on SWK’s June 30, 2025 financials and includes projected transaction expenses.

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