SWKH - SWK Holdings confirms non-binding proposal from Carlson Capital for $19 per share

On November 23, 2021, SWK Holdings Corporation (NASDAQ:SWKH) says it received a non-binding proposal from Carlson Capital, L.P. to acquire all shares of SWK not already owned by Carlson for a price of $19.00 per share, payable in cash. The offer price represents an ~4.7% premium over SWKH’s previous day closing price. The said proposal is not related to the prior proposal submitted by Carlson to the Company in April 2021. The Company's Board of Directors has formed a special committee of non-executive, independent directors to review and consider Carlson's proposal and pursue the course of action in the best interests of the Company's stockholders.

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SWK Holdings confirms non-binding proposal from Carlson Capital for $19 per share