Company: SWKH
Filing Date: 2025-07-17
Form Type: 8-K
Source: 0001628280-25-035236
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Company: SWK Holdings Corp
Filing Date: 2025-07-17
Form: 8-K
Item: Item 1.01
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Item 1.01 Entry Into a Material Definitive Agreement.

As previously disclosed in the Current Report on Form 8-K filed by SWK Holdings Corporation (the “ Company”) with the Securities and Exchange Commission on March 19, 2024, the Company and MOD3 Pharma Inc. (f/k/a Enteris BioPharma, Inc.), a Delaware corporation and wholly owned subsidiary of the Company (“ MOD3”) entered into an exclusive option and asset purchase agreement (the “ Option Agreement”) with AptarGroup, Inc., a Delaware corporation (“ Aptar”), pursuant to which MOD3 granted to Aptar an exclusive option (the “ Option”) to substantially all assets related to MOD3’s contract manufacturing, formulation and development services business (the “ Assets”). Following Aptar’s exercise of the Option, the Company, MOD3 and Aptar, entered into an asset purchase agreement (the “ Purchase Agreement”) on July 15, 2025 for the sale and assignment of the Assets to Aptar (the “ Asset Sale”) for an aggregate purchase price of approximately $6.9 million (the “ Purchase Price”) which includes cash previously paid by Aptar pursuant to the Option Agreement and subject to the holdback of certain amounts to secure the Company’s and MOD3’s indemnification obligations. On July 15, 2025, the parties completed the transactions contemplated by the Purchase Agreement.

The foregoing descriptions of the terms of the Purchase Agreement and the Asset Sale do not purport to be complete and are qualified in their entirety by reference to the terms and conditions of the Purchase Agreement, which the Company intends to file as an exhibit to its Quarterly Report on Form 10-Q for the quarter ending June 30, 2025.

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: July 17, 2025