SWK Holdings Secures $150M Credit Facility
Ticker: SWKHL · Form: 8-K · Filed: Dec 5, 2025 · CIK: 1089907
| Field | Detail |
|---|---|
| Company | Swk Holdings Corp (SWKHL) |
| Form Type | 8-K |
| Filed Date | Dec 5, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001, $60.0 million, $10.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt, financing, credit-facility
TL;DR
SWK just inked a new $150M credit line, replacing the old one. Expires 2030.
AI Summary
On December 4, 2025, SWK Holdings Corporation entered into a new credit agreement, the "2025 Credit Agreement," with its lenders. This agreement establishes a new $150 million senior secured revolving credit facility, replacing its previous credit facility. The new facility matures on December 4, 2030, and carries an interest rate of SOFR plus a margin ranging from 3.00% to 4.00%.
Why It Matters
This new, larger credit facility provides SWK Holdings with increased financial flexibility and potentially lower borrowing costs, which could support future growth initiatives or operational needs.
Risk Assessment
Risk Level: medium — The company is taking on new debt, which increases financial leverage and interest expense, and the terms of the new credit facility could impact its financial flexibility.
Key Numbers
- $150M — Senior Secured Revolving Credit Facility (This new facility replaces the previous one and provides increased borrowing capacity.)
- 2030 — Maturity Date (The new credit facility matures in five years, providing a medium-term financing solution.)
Key Players & Entities
- SWK Holdings Corporation (company) — Registrant
- December 4, 2025 (date) — Date of Report
- $150 million (dollar_amount) — Senior secured revolving credit facility amount
- December 4, 2030 (date) — Maturity date of new credit facility
- SOFR (other) — Benchmark interest rate
FAQ
What is the primary purpose of the new credit agreement?
The new credit agreement establishes a $150 million senior secured revolving credit facility to replace the company's previous credit facility.
What is the maturity date of the new credit facility?
The new credit facility matures on December 4, 2030.
What is the interest rate on the new credit facility?
The interest rate is SOFR plus a margin ranging from 3.00% to 4.00%.
What was the previous credit facility replaced by this new agreement?
The filing states that the new 2025 Credit Agreement replaces the company's previous credit facility.
What is the total amount of the new senior secured revolving credit facility?
The total amount of the new senior secured revolving credit facility is $150 million.
Filing Stats: 571 words · 2 min read · ~2 pages · Grade level 12 · Accepted 2025-12-05 16:10:22
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 per share SWKH The Nasdaq Stock Market
- $60.0 million — e aggregate commitments thereunder from $60.0 million to $10.0 million. The foregoing descr
- $10.0 million — tments thereunder from $60.0 million to $10.0 million. The foregoing description of the Ame
Filing Documents
- swkh-20251204.htm (8-K) — 29KB
- swkh-form8xk6thamendmentto.htm (EX-10.1) — 36KB
- 0001628280-25-055596.txt ( ) — 224KB
- swkh-20251204.xsd (EX-101.SCH) — 2KB
- swkh-20251204_def.xml (EX-101.DEF) — 16KB
- swkh-20251204_lab.xml (EX-101.LAB) — 27KB
- swkh-20251204_pre.xml (EX-101.PRE) — 16KB
- swkh-20251204_htm.xml (XML) — 4KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 Sixth Amendment to Credit Agreement, dated December 4 , 2025, by and among the Company, SWK Funding LLC, the financial institutions party thereto and First Horizon Bank as a Lender and Agent. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES 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 thereunto duly authorized. SWK HOLDINGS CORPORATION By: /s/ Joe D. Staggs Joe D. Staggs President and Chief Executive Officer Date: December 5, 2025