Company: SWKH
Filing Date: 2025-10-10
Form Type: 425
Source: 0001552781-25-000321
Chunk: 5

Company: SWK Holdings Corp
Filing Date: 2025-10-10
Form: 425
Chunk 5
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 a solicitation of an offer to purchase any securities in Parent or the Company or in any fund
or other investment vehicle managed by BC Partners Advisors L.P. or any of its affiliates.

| Item 9.01 | Financial Statements and Exhibits. |

| (d) | The following exhibits are filed with this report: |

| Exhibit No. 
 99.1        | Description                                                                                                  
 Joint Press Release of SWK Holdings Corporation and Runway Growth Finance Corp., dated as of October 9, 2025 |
|:------------|:-------------------------------------------------------------------------------------------------------------|
| 104         | Cover Page Interactive Data File (embedded within the Inline XBRL document)                                  |

<div align='center'>SIGNATURES</div>

Pursuant to the requirements of the Securities Exchange
Act of 1934, as amended, 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: October 9, 2025