Runway Growth Finance

RWAY

Market cap $348M

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of SWK Holdings Corporation (the “Company”) (NasdaqGM: SWKH) to Runway Growth Finance Corp. (NasdaqGS: RWAY). Under the terms of the proposed transaction, the transaction will be a net asset value ("NAV")-for-NAV merger and will have an estimated purchase price of approximately $220 million, based on S.

Acquisition of high-quality portfolio centered on healthcare and life sciences investments Accelerates strategy to diversify and optimize portfolio while adding significant scale Enhances financial profile and is expected to be accretive to net investment income ("NII") MENLO PARK, CA / ACCESS Newswire / October 9, 2025 / Runway Growth Finance Corp. (Nasdaq:RWAY) ("Runway Growth" or the "Company"), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that it has entered into a definitive merger agreement to acquire SWK Holdings Corporation (Nasdaq:SWKH) ("SWK"), a life science focused specialty finance company that provides minimally dilutive financing to small- and mid-sized commercial-stage healthcare companies. Runway Growth's Founder and CEO, David Spreng, said, "This transaction meaningfully advances our strategy to diversify and optimize our portfolio by adding SWK's high-quality investments in the key sectors of healthcare and life sciences.

Acquisition of high-quality portfolio centered on healthcare and life sciences investments Accelerates strategy to diversify and optimize portfolio while adding significant scale Enhances financial profile and is expected to be accretive to net investment income (“NII”) MENLO PARK, Calif., Oct. 09, 2025 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that it has entered into a definitive merger agreement to acquire SWK Holdings Corporation (Nasdaq: SWKH) (“SWK”), a life science focused specialty finance company that provides minimally dilutive financing to small- and mid-sized commercial-stage healthcare companies.

Completed 11 Investments in New and Existing Portfolio Companies Representing $128.3 Million in Funded Investments Completed 11 Investments in New and Existing Portfolio Companies Representing $128.3 Million in Funded Investments

14 BDCs have base dividend coverage levels between 100% and 105%. 16 BDCs have them already below 100%. Given the unfavorable future earnings outlook, a system-wide BDC dividend cutting process is very likely to start quite soon.

Runway Growth Finance is paying out a 14.07% dividend yield that was 105% covered by its net investment income for the second quarter. The venture-debt-focused BDC is currently trading at a 25% discount to its net asset value of $13.66 per share. NAV grew by 18 cents sequentially on the back of stock buybacks and the healthy level of dividend coverage.

We continue our discussion on debt, this time focusing on corporate borrowing. CLOs and BDCs are two pillars of the credit markets, powering the U.S. economy. Securities from these asset classes tend to be volatile due to interest rates and credit health, but have safer preferreds/baby bonds.

The report finds that a majority of survey participants view venture debt as a flexible, founder friendly alternative to equity that supports growth without dilution rather than a last resort. MENLO PARK, Calif.

While most of Wall Street focuses on large and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.

Runway Growth Finance Corp. (NASDAQ:RWAY ) Q2 2025 Earnings Conference Call August 7, 2025 5:00 PM ET Company Participants David R. Spreng - Founder, President, CEO & Director Greg Greifeld - Chief Investment Officer Quinlan Abel - Assistant Vice President of Investor Relations Thomas B.