SWK Holdings Corp Reports Director and Officer Changes
Ticker: SWKHL · Form: 8-K · Filed: Oct 3, 2024 · CIK: 1089907
| Field | Detail |
|---|---|
| Company | Swk Holdings Corp (SWKHL) |
| Form Type | 8-K |
| Filed Date | Oct 3, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, management-change
TL;DR
SWK Holdings just swapped out some board members and officers, effective Oct 1st.
AI Summary
SWK Holdings Corporation announced on October 1, 2024, changes in its board and officer appointments. Specifically, the company elected new directors and appointed certain officers, along with adjustments to compensatory arrangements for these officers. The filing details these changes as of October 1, 2024.
Why It Matters
Changes in board composition and officer appointments can signal shifts in company strategy, leadership, and operational focus.
Risk Assessment
Risk Level: low — This filing reports routine corporate governance changes and does not involve significant financial transactions or operational disruptions.
Key Players & Entities
- SWK Holdings Corporation (company) — Registrant
- October 1, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of Incorporation
FAQ
What specific changes were made to the board of directors?
The filing indicates the election of directors as of October 1, 2024, but does not specify the names of the new directors or those who departed in this summary.
Were there any changes in executive officer positions?
Yes, the filing notes the appointment of certain officers as of October 1, 2024.
What is the effective date of these reported changes?
The earliest event reported is dated October 1, 2024.
Does the filing detail the compensation arrangements for the newly appointed officers?
The filing mentions 'Compensatory Arrangements of Certain Officers' as an item of disclosure, suggesting details are provided.
What is SWK Holdings Corporation's primary business?
SWK Holdings Corporation is classified under 'MISCELLANEOUS BUSINESS CREDIT INSTITUTION' with SIC code 6159.
Filing Stats: 464 words · 2 min read · ~2 pages · Grade level 11.7 · Accepted 2024-10-03 16:18:46
Key Financial Figures
- $0.001 — h registered Common Stock, par value $0.001 per share SWKH The Nasdaq Stock Marke
Filing Documents
- swkh-20241001.htm (8-K) — 23KB
- 0001628280-24-042129.txt ( ) — 190KB
- swkh-20241001.xsd (EX-101.SCH) — 2KB
- swkh-20241001_def.xml (EX-101.DEF) — 17KB
- swkh-20241001_lab.xml (EX-101.LAB) — 29KB
- swkh-20241001_pre.xml (EX-101.PRE) — 17KB
- swkh-20241001_htm.xml (XML) — 4KB
From the Filing
swkh-20241001 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): October 1, 2024 SWK HOLDINGS CORPORATION (Exact Name of the Registrant as Specified in Its Charter) Delaware (State or Other Jurisdiction of Incorporation) 001-39184 77-0435679 (Commission File Number) (IRS Employer Identification No.) 5956 Sherry Lane , Suite 650 , Dallas , TX 75225 (Address of Principal Executive Offices) (Zip Code) ( 972 ) 687-7250 (Registrant's Telephone Number, Including Area Code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.001 per share SWKH The Nasdaq Stock Market LLC 9.00% Senior Notes due 2027 SWKHL The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o ACTIVE/131900753.2 Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 30, 2024, Marcus Pennington resigned from the Board of Directors (the "Board") of SWK Holdings Corporation (the "Company"), effective October 1, 2024 (the "Effective Date"). Mr. Pennington's resignation did not result from any disagreement with the Company on any matters relating to the Company's operations, policies or practices. The Company and the Nominating and Corporate Governance Committee of the Board will be considering overall composition of the Board and initiate a search for director candidates to fill Mr. Pennington's seat on the Board. ACTIVE/131900753.2 SIGNATURE(S) Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. SWK HOLDINGS CORPORATION Dated: October 1, 2024 By: /s/ Joe D. Staggs Joe D. Staggs President and Chief Executive Officer ACTIVE/131900753.2