Followers | 240 |
Posts | 12053 |
Boards Moderated | 0 |
Alias Born | 04/05/2009 |
Friday, November 28, 2014 6:24:19 PM
On November 26, 2014, SWK Holdings Corporation, a Delaware corporation (the “Company”), closed its previously announced rights offering to purchase approximately 14,534,884 shares of the Company’s common stock. The rights offering was launched on November 3, 2014, to stockholders of record on October 30, 2014, and expired on November 24, 2014.
In the rights offering, stockholders exercised their basic subscription rights for 13,278,664 shares of common stock and their over-subscription rights for 53,702,096 shares of common stock.
At closing the Company issued 14,534,884 shares of common stock as follows: 13,278,664 shares pursuant to the exercise of basic subscription rights and 1,256,218 shares pursuant to the exercise of over-subscription rights. The shares issued pursuant to the over-subscription rights were calculated on a pro-rata basis in accordance with the terms of the offering. The Company received gross proceeds of approximately $12,500,000.
As the rights offering was fully subscribed, no shares were issued in the standby offering.
Pursuant to the terms of the Purchase Agreement dated as of August 18, 2014, between the Company and affiliates of Carlson Capital, L.P., it is anticipated that the Company will issue an additional 17,440,525 shares at a purchase price of $1.37 per share to funds affiliated with Carlson Capital, L.P. so that Carlson Capital L.P. has a voting 69% ownership interest in the Company.
http://www.sec.gov/Archives/edgar/data/1089907/000155278114001099/e00389_swk-8k.htm
"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International
Recent SWKH News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 09:31:36 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 07:14:12 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/05/2024 10:26:07 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/04/2024 10:09:28 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/04/2024 10:09:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/04/2024 10:08:58 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/04/2024 10:08:21 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/09/2023 12:30:39 PM
- SWK Holdings Corporation Announces Financial Results for Third Quarter 2023 • PR Newswire (US) • 11/09/2023 12:30:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/08/2023 09:06:24 PM
- SWK Holdings Corporation to Report Third Quarter 2023 Financial Results • PR Newswire (US) • 11/06/2023 09:05:00 PM
- SWK Holdings Corporation Announces B. Riley Securities Exercises Option to Purchase Approximately $3 Million in Additional Unsecured Senior Notes • PR Newswire (US) • 10/30/2023 12:00:00 PM
- SWK Holdings Highlights Recent Achievements and Provides Portfolio Update • PR Newswire (US) • 10/18/2023 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/13/2023 12:00:40 PM
- SWK Holdings Corporation Increases Revolving Credit Facility to $60 Million • PR Newswire (US) • 10/11/2023 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/03/2023 08:34:16 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/03/2023 08:33:52 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/03/2023 08:33:33 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/03/2023 08:33:10 PM
- Form 8-A12B - Registration of securities [Section 12(b)] • Edgar (US Regulatory) • 10/03/2023 08:08:52 PM
- SWK Holdings Corporation Announces Closing of Public Offering of Senior Unsecured Notes Due 2027 • PR Newswire (US) • 10/03/2023 08:05:00 PM
- Form CERT - Certification by an exchange approving securities for listing • Edgar (US Regulatory) • 10/03/2023 07:12:07 PM
- Form 424B4 - Prospectus [Rule 424(b)(4)] • Edgar (US Regulatory) • 09/29/2023 09:20:08 PM
- SWK Holdings Corporation Announces Pricing of Public Offering of Senior Unsecured Notes Due 2027 • PR Newswire (US) • 09/28/2023 10:34:00 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM