Company: SWKH
Filing Date: 2025-10-01
Form Type: 8-K
Source: 0001628280-25-043460
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Company: SWK Holdings Corp
Filing Date: 2025-10-01
Form: 8-K
Item: Item 8.01
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Item 8.01 Other Events

On October 1, 2025, SWK Holdings Corporation (NASDAQ: SWKH), a life-science focused specialty finance company, announced the full repayment of its loan to Elutia, Inc. (“ Elutia”) upon receipt of a $27.8 million payoff payment from Elutia, including outstanding principal, exit fees, and accrued interest.

This payoff follows the closing of Elutia’s previously announced sale of its BioEnvelope business to Boston Scientific Corporation for $88.0 million in cash.

The $27.8 million payoff exceeds the Company’s net GAAP carrying value of $23.9 million as of June 30, 2025. The Company expects to recognize approximately $1.4 million of incremental income from the acceleration of exit fee recognition and $1.4 million from the release of loan loss reserves.

Safe Harbor for Forward-Looking Statements

This Current Report on Form 8-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including the Company's expectations regarding recognition of incremental income as a result of the payoff of the Elutia loan. Statements including words such as "believes," "expects," "anticipates," "intends," "estimates," "plan," "will," "may," "look forward," "intend," "guidance," "future" or similar expressions are forward-looking statements. Because these statements reflect the Company's current views, expectations and beliefs concerning future events, these forward-looking statements involve risks and uncertainties. Investors should note that many factors, as more fully described under the caption "Risk Factors" and elsewhere in the Company's Form 10-K, Form 10-Q and Form 8-K filings with the Securities and Exchange Commission and as otherwise enumerated herein, could affect the Company's future financial results and could cause actual results to differ materially from those expressed in such forward-looking statements. The forward-looking statements in this Current Report on Form 8-K are qualified by these risk factors. These are factors that, individually or in the aggregate, could cause the Company's actual results to differ materially from expected and historical results. You should not place undue reliance on any forward-looking statements, which speak only as of the date they are made. The Company assumes no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of