SWK Holdings Shares Surge 15% Amid High Trading Volume
Stock Performance: SWK Holdings Corp. (SWKH) experienced a significant increase of 15.97%, closing at $16.70 after opening at $14.42 and reaching a high of $16.75 during the day.
Merger Announcement: The surge in stock price follows the announcement of a NAV-for-NAV merger deal with Runway Growth Finance, valued at approximately $220 million, which has generated strong investor interest reflected in higher trading volume.
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SHAREHOLDER RIGHTS ALERT: Halper Sadeh LLC Investigates SWKH, ETNB, BRNS, VRNT on Behalf of Shareholders
Investigation of Companies: Halper Sadeh LLC is investigating SWK Holdings Corporation, 89bio, Inc., Barinthus Biotherapeutics plc, and Verint Systems Inc. for potential violations of federal securities laws and breaches of fiduciary duties to shareholders related to their recent transactions.
Shareholder Rights and Options: The law firm encourages shareholders of the mentioned companies to contact them for information on their legal rights and options, emphasizing that they operate on a contingent fee basis, meaning no upfront legal fees are required.
BRODSKY & SMITH INVESTOR ALERT: Updates on Investigations Involving TrueCar, Inc. (Nasdaq – TRUE), Astria Therapeutics, Inc. (Nasdaq – ATXS), PotlatchDeltic Corporation (Nasdaq – PCH), and SWK Holdings Corporation (Nasdaq – SWKH)
TrueCar Acquisition Investigation: TrueCar, Inc. is set to be acquired by Fair Holdings for $2.55 per share, prompting an investigation into whether the Board breached fiduciary duties by not ensuring a fair process and value for shareholders.
Astria Therapeutics Merger Scrutiny: Astria Therapeutics, Inc. will be acquired by BioCryst Pharmaceuticals for an implied value of $13.00 per share, leading to an investigation regarding the Board's adherence to fiduciary duties in the merger process.
PotlatchDeltic Corporation Deal Review: PotlatchDeltic Corporation is being acquired by Rayonier, with shareholders receiving shares valued at $44.11 each, raising concerns about the Board's fiduciary responsibilities in ensuring fair value during the transaction.
SWK Holdings Corporation Acquisition Inquiry: SWK Holdings Corporation will merge with Runway Growth Finance Corp. in a deal valued at approximately $220 million, with investigations focusing on the Board's duty to conduct a fair process and provide adequate value to shareholders.
