SWK Holdings Prices Public Offering Of $30M Of 9.00% Senior Notes Due 2027
Portfolio Pulse from Benzinga Newsdesk
SWK Holdings has priced a public offering of $30 million of 9.00% senior notes due 2027.

September 29, 2023 | 6:41 am
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NEUTRAL IMPACT
SWK Holdings has announced a public offering of $30 million of 9.00% senior notes due 2027. This could impact the company's stock in the short term.
The announcement of a public offering can have a mixed impact on a company's stock. On one hand, it can lead to dilution of shares, which can negatively impact the stock price. On the other hand, it can also provide the company with additional capital for growth, which can be positive for the stock. The impact on SWK Holdings' stock will depend on how investors interpret this news.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100