8-K - SWK Holdings Corporation | StockGist

AI Analysis

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On February 12, 2026, SWK Holdings Corporation entered into a Seventh Amendment to its Credit Agreement, reducing aggregate commitments from $10.0 million to $7.5 million and amending financial covenants to exclude specific one-time adjustments. The amendment also required the full repayment of obligations to Woodforest National Bank.

Key Takeaways

1The Seventh Amendment to Credit Agreement is dated February 12, 2026, and amends the original agreement dated June 28, 2023.

2Aggregate lender commitments were reduced from $10.0 million to $7.5 million, with First Horizon Bank as the sole lender.

3Financial covenants were amended to exclude the 'Royalties Disposition' and a one-time portfolio reclassification adjustment through March 31, 2026.

4A condition of the amendment was the execution of a payoff letter for the full repayment of obligations to Woodforest National Bank.

5The Borrower confirmed no Event of Default or Default had occurred and was continuing under the Credit Agreement.

Current Report Details

Event Type

Financing

Exhibits Only

Disclosure

Mandatory

Variant

8-K

Items Reported

2.03

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. On February 12, 2026, SWK Holdings Corporatio

Financing

$10.0M$7.5M

9.01

Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 Seventh Amendment to Credit Agreement, dated February 12, 2026, by and among the Co

Exhibits Only

Transaction Details

Debt / Financing

Instrument: Credit Agreement Amendment
Principal: 7500000

Exhibits (2)

10.1

EX-10.1

8-K