SWK Holdings (NASDAQ: SWKH) trims credit commitments to $7.5M

Rhea-AI Filing Summary

SWK Holdings Corporation entered into a Seventh Amendment to its Credit Agreement with First Horizon Bank and other lenders. Effective February 12, 2026, the amendment revises the financial covenants and reduces the aggregate lending commitments from $10.0 million to $7.5 million.

The amendment relates to the company’s existing facility originally dated June 28, 2023, and is documented in the filed Seventh Amendment to Credit Agreement, which is incorporated by reference as an exhibit.

0001089907FALSE00010899072026-02-132026-02-130001089907us-gaap:CommonStockMember2026-02-132026-02-130001089907us-gaap:SeniorNotesMember2026-02-132026-02-13

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): February 13, 2026

SWK HOLDINGS CORPORATION

(Exact Name of the Registrant as Specified in Its Charter)

Delaware

(State or Other Jurisdiction of Incorporation)

F11.001-39184			77-0435679
(Commission File Number)			(IRS Employer Identification No.)
5956 Sherry Lane, Suite 650, Dallas, TX			75225
(Address of Principal Executive Offices)			(Zip Code)

(972) 687-7250

(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
Common Stock, par value $0.001 per share			SWKH			The Nasdaq Stock Market LLC
9.00% Senior Notes due 2027			SWKHL			The Nasdaq Stock Market LLC

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.  

Item 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 Corporation (the “Company”), SWK Funding LLC, First Horizon Bank and the financial institutions party thereto entered into a Seventh Amendment to Credit Agreement (the “Amendment”), which amended the Credit Agreement, dated as of June 28, 2023 (as amended by the Amendment, the “Credit Agreement”), by and among the Company, SWK Funding LLC, the lenders party thereto and First Horizon Bank as a lender and agent, in order to, effective as of February 12, 2026, amend the financial covenants and reduce the aggregate commitments thereunder from $10.0 million to $7.5 million.

The foregoing description of the Amendment is only a summary, does not purport to be complete and is qualified in its entirety by reference to the Amendment, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 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 Company, SWK Funding LLC, the financial institutions party thereto and First Horizon Bank as a Lender and Agent.
104			Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

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 thereunto duly authorized.

SWK HOLDINGS CORPORATION
By:			/s/ Joe D. Staggs
			Joe D. Staggs
			President and Chief Executive Officer

Date: February 13, 2026

FAQ

What did SWK Holdings Corporation (SWKH) change in its credit agreement?

SWK Holdings Corporation amended its Credit Agreement with First Horizon Bank and other lenders. The Seventh Amendment changes certain financial covenants and lowers the total lending commitments available under the facility, affecting how much financing the company can draw in the future.

How much did SWK Holdings (SWKH) reduce its credit commitments by?

SWK Holdings reduced aggregate commitments under its Credit Agreement from $10.0 million to $7.5 million. This $2.5 million decrease limits the maximum borrowing capacity available, though the filing does not describe changes to any amounts currently outstanding under the facility.

When did the amended Credit Agreement for SWK Holdings (SWKH) become effective?

The Seventh Amendment to SWK Holdings’ Credit Agreement became effective on February 12, 2026. This effective date applies to both the revised financial covenants and the reduction in aggregate commitments, formally updating the terms of the existing June 28, 2023 agreement.

Who are the key parties to SWK Holdings’ (SWKH) amended Credit Agreement?

The amended Credit Agreement involves SWK Holdings Corporation, SWK Funding LLC, First Horizon Bank, and additional financial institutions as lenders. First Horizon Bank acts as both a lender and the agent under the facility, coordinating the financing arrangement among the lender group.

Where can investors find details of SWK Holdings’ (SWKH) Seventh Amendment?

Detailed terms of the Seventh Amendment are contained in the actual amendment document. It is filed as Exhibit 10.1 to the current report and incorporated by reference, allowing investors to review the full legal agreement and the specific revised financial covenants.

Filing Exhibits & Attachments

5 documents

Agreements & Contracts

• EX-10.1 EX-10.1 37.1 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 2.1 KB
• EX-101 XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT 15.6 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 27.3 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 16.3 KB