SWK Holdings Corporation Announces Closing of Public Offering of Senior Unsecured Notes Due 2027

DALLAS, Oct. 3, 2023 /PRNewswire/ -- SWK Holdings Corporation (NASDAQ: SWKH) ("SWK" or the "Company") today announced that it has completed its previously announced registered underwritten public offering (the "Offering") of $30 million in aggregate principal amount of 9.00% Senior notes due 2027 (the "Notes"). SWK has also granted the underwriters of the Offering an option to purchase up to an additional $4.5 million in aggregate principal amount of the Notes. The total net proceeds from the Offering (excluding exercise of the underwriter option) are approximately $29.1 million (after deducting underwriting discounts and commissions, but before other fees and estimated expenses).