Company: SWKH
Filing Date: 2025-04-29
Form Type: ANNLRPT
Source: 0001628280-25-020720
Chunk: 89

Company: SWK Holdings Corp
Filing Date: 2025-04-29
Form: ANNLRPT
Chunk 89
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 debt issuance costs (in thousands):

| 2027 Senior Notes         |     | December 31, 2024 | 32,969 |     | December 31, 2023 | 32,969 |
|:--------------------------|:----|:------------------|-------:|:----|:------------------|-------:|
| Debt issuance costs       |     |                   | -1,557 |     |                   | -2,188 |
| Total Long-term debt, net |     |                   | 31,412 |     |                   | 30,781 |

The Company’s future principal obligations for the notes were as follows (in thousands):

| 2025                              |     | December 31, 2024 |      — |
|:----------------------------------|:----|:------------------|-------:|
| 2026                              |     |                   |      — |
| 2027                              |     |                   | 32,969 |
| Total unsecured senior notes, net |     |                   | 32,969 |

The Company may redeem the Notes for cash in whole or in part at any time (i) on or after September 30, 2025 (the “First Call Date”) and prior to September 30, 2026, at a price equal to the sum of 102% of their principal amount, and (ii) on or after September 30, 2026 at a price equal to the sum of 100% of their principal amount, plus (in each case noted above) accrued and unpaid interest to, but excluding, the date of redemption. At any time prior to the First Call Date, the Company may, at its option, redeem the Notes for cash, in whole at any time or in part from time to time at a redemption price equal to (i) 100% of the principal amount of Notes redeemed, plus (ii) a Make-Whole Amount (as defined in the Indenture), plus (iii) accrued and unpaid interest, if any, to, but excluding, the date of redemption. On and after any redemption date, interest will cease to accrue on the redeemed Notes. Additionally, upon the occurrence of a Triggering Event (as defined in the Indenture), holders of the Notes will have the right to require the Company to make an offer to repurchase all or any portion of their Notes for cash at a purchase price equal to 100% of the aggregate principal amount thereof, plus accrued and unpaid