
SWK Holdings Corporation (NASDAQ: SWKH) related to its sale to Runway Growth Finance Corp. Under the terms of the proposed transaction, SWK shareholders will receive, for each share of SWK common stock, either (i) cash consideration equal to SWK’s per-share net asset value (“NAV”), or (ii) Runway stock consideration based on the ratio of SWK’s per-share NAV to Runway’s per-share NAV (subject to each shareholder’s election and proration adjustments), plus in either case a guaranteed cash payment of approximately $0.74 per share paid by Runway’s external adviser.