SWK Holdings Says On December 2, 2025 Received FTC Clearance, Merger With Runway Growth Finance On Track For Q1 2026 Completion

As previously disclosed, on October 9, 2025, SWK Holdings Corporation, a Delaware corporation (the "Company"), entered into an Agreement and Plan of Merger (the "Merger Agreement") with Runway Growth Finance Corp., a Maryland corporation ("Parent"), RWAY Portfolio Holding Corp., a Delaware corporation and a direct wholly owned subsidiary of Parent ("Intermediary Sub"), RWAY Portfolio Corp., a Delaware corporation and a direct wholly owned subsidiary of Intermediary Sub ("Acquisition Sub"), and Runway Growth Capital LLC, a Delaware limited liability company pursuant to which, subject to the terms and conditions therein, the Company will merge with and into Parent through a series of mergers (the "Transaction").

 

On December 2, 2025, the Bureau of Competition of the U.S. Federal Trade Commission granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended with respect to the Transaction, satisfying one of the conditions to the consummation of the Transaction (the "Closing").

 

The Closing remains subject to certain other customary closing conditions, including the adoption of the Merger Agreement by the Company's stockholders. Completion of the Mergers is expected to occur in the first quarter of 2026.