UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report
(Date of Earliest Event Reported):
(Exact Name of the Registrant as Specified in Its Charter)
(State or Other Jurisdiction of Incorporation)
| (Commission File Number) | (IRS Employer Identification No.) |
| (Address of Principal Executive Offices) | (Zip Code) |
(Registrant’s Telephone Number, Including Area Code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name
of each exchange on which registered |
| $0.001 per share |
The Stock Market LLC | |
Purchase Rights |
The |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
| Item 1.01 | Entry into a Material Definitive Agreement |
On March 31, 2022, SWK Holdings Corporation (the “Company”) and Computershare Trust Company, N.A., (the “Rights Agent”) entered into Amendment No. 3 (the “Amendment”) to that certain Rights Agreement, dated as of April 18, 2016 (as amended by that certain Amendment No. 1, dated as of April 8, 2019, and Amendment No. 2, effective as of February 23, 2021, the “Rights Agreement”), by and between the Company and the Rights Agent to extend the term of the Rights Agreement to May 31, 2022 (subject to earlier expiration as described in the Rights Agreement). The board of directors of the Company determined to extend the term of the Rights Agreement in order to provide the Company with additional time to analyze the Company’s net operating loss position.
A summary of the terms of the Rights Agreement can be found in the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on February 24, 2021, Current Report on Form 8-K filed with the Securities and Exchange Commission on April 8, 2019, and Current Report on Form 8-K filed with the Securities and Exchange Commission on April 14, 2016. The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment, a copy of which is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference.
| Item 3.03 | Material Modification to Rights of Security Holders |
The information required by this Item is included in Item 1.01 to this Current Report on Form 8-K and is incorporated by reference into this Item 3.03.
| Item 9.01 | Financial Statements and Exhibits |
(d) Exhibits
Exhibit No. |
Description |
| 4.01 | Amendment No. 3 to the Rights Agreement, dated as of March 31, 2022, by and between SWK Holdings Corporation and Computershare Trust Company, N.A. |
SIGNATURE(S)
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
| SWK HOLDINGS CORPORATION | ||
| Dated: April 1, 2022 | By: | /s/ Winston L. Black III |
| Winston L. Black III | ||
| Chief Executive Officer | ||