Articles from Runway Growth Finance Corp.

MENLO PARK, Calif., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that it will release its fourth quarter and full year 2024 financial results after market close on Thursday, March 20, 2025. Runway Growth will discuss its financial results on a conference call that day at 2:00 p.m. PT (5:00 p.m. ET).

MENLO PARK, Calif., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today provided an operational and portfolio update for the fourth quarter ended December 31, 2024.

Delivered Total and Net Investment Income of $36.7 million and $15.9 million, RespectivelyInvestment Portfolio of $1.1 billionConference Call Today, Tuesday, November 12, 2024, at 5:00 p.m. ET

MENLO PARK, Calif., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that its Board of Directors has declared a fourth quarter 2024 regular cash distribution of $0.40 per share.

MENLO PARK, Calif., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that it will release its third quarter 2024 financial results after market close on Tuesday, November 12, 2024. Runway Growth will discuss its financial results on a conference call that day at 2:00 p.m. PT (5:00 p.m. ET).

MENLO PARK, Calif., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today provided an operational and portfolio update for the third quarter ended September 30, 2024.

Delivered Total and Net Investment Income of $34.2 million and $14.6 million, Respectively

MENLO PARK, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that its Board of Directors has declared a third quarter 2024 regular cash distribution of $0.40 per share. In addition, the Board of Directors declared a supplemental dividend of $0.05 per share, for the third quarter of 2024.

MENLO PARK, Calif., July 11, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today provided an operational and portfolio update for the second quarter ended June 30, 2024.

MENLO PARK, Calif., July 09, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that it will release its second quarter 2024 financial results after market close on Thursday, August 8, 2024. Runway Growth will discuss its financial results on a conference call that day at 2:00 p.m. PT (5:00 p.m. ET).

MENLO PARK, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (the “Company” or Runway Growth”), a specialty finance company focused on providing senior secured loans to high growth-potential companies in technology, life sciences, healthcare information and services, business services, select consumer services and products and other high-growth industries, today announced the pricing of the previously announced underwritten secondary offering of 3,750,000 shares of its common stock by OCM Growth Holdings LLC (the “Selling Stockholder”), pursuant to a registration statement filed with the Securities and Exchange Commission (the “SEC”), at a public offering price of $11.50 per share. In connection with the offering, the Selling Stockholder has granted the underwriters a 30-day option to purchase up to 562,500 additional shares of the common stock offered by the Selling Stockholder. Subject to customary closing conditions, the offering is expected to settle and close on or about May 14, 2024. Runway Growth is not selling any shares of its common stock in the offering and will not receive any proceeds from the offering.

MENLO PARK, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (the “Company” or “Runway Growth”) a specialty finance company focused on providing senior secured loans to high growth-potential companies in technology, life sciences, healthcare information and services, business services, select consumer services and products and other high-growth industries, today announced a proposed underwritten secondary offering of 3,750,000 shares of its common stock by OCM Growth Holdings LLC (the “Selling Stockholder”) pursuant to a registration statement filed with the Securities and Exchange Commission (the “SEC”). In connection with the proposed offering, the Selling Stockholder intends to grant the underwriters a 30-day option to purchase up to an additional 562,500 shares of the common stock offered by the Selling Stockholder.

Delivered Total and Net Investment Income of $40.0 million and $18.7 million, Respectively

MENLO PARK, Calif., May 01, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that its Board of Directors has declared a second quarter 2024 regular dividend of $0.40 per share. In addition, the Board of Directors declared a supplemental dividend of $0.07 per share, for the second quarter of 2024.

MENLO PARK, Calif., April 11, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that it will release its first quarter 2024 financial results after market close on Tuesday, May 7, 2024. Runway Growth will discuss its financial results on a conference call that day at 2:00 p.m. PT (5:00 p.m. ET).

Completed Two Investments in New and Existing Portfolio Companies Representing $25.0 Million in Funded Loans

Delivered Total and Net Investment Income of $39.2 million and $18.3 million, Respectively

MENLO PARK, Calif., March 07, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that the Company has established a joint venture (“JV”) with Cadma Capital Partners (“Cadma”), a credit financing platform for the venture and growth ecosystem that is an affiliate of Apollo Global Management. Cadma provides asset-backed financing to venture and growth lenders, high-growth companies, and financial sponsors.

MENLO PARK, Calif., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that its Board of Directors has declared a first quarter 2024 regular cash distribution of $0.40 per share. In addition, the Board of Directors declared a supplemental dividend of $0.07 per share, for the first quarter of 2024.

MENLO PARK, Calif., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that it will release its fourth quarter and full year 2023 financial results after market close on Thursday, March 7, 2024. Runway Growth will discuss its financial results on a conference call that day at 2:00 p.m. PT (5:00 p.m. ET).

MENLO PARK, Calif., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today provided an operational and portfolio update for the fourth quarter ended December 31, 2023.

MENLO PARK, Calif., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (the “Company” or “Runway Growth”), a specialty finance company focused on providing senior secured loans to high growth-potential companies in technology, life sciences, healthcare information and services, business services, select consumer services and products and other high-growth industries, today announced the pricing of the previously announced underwritten secondary offering of 3,750,000 shares of its common stock by OCM Growth Holdings LLC and Oaktree Opportunities Fund XB Holdings (Delaware), L.P. (collectively, the “Selling Stockholders”), pursuant to a registration statement filed with the Securities and Exchange Commission (the “SEC”), at a public offering price of $12.56 per share. In connection with the offering, the Selling Stockholders have granted the underwriters a 30-day option to purchase up to 562,500 additional shares of the common stock offered by the Selling Stockholders. Subject to customary closing conditions, the offering is expected to settle and close on or about November 16, 2023. Runway Growth is not selling any shares of its common stock in the offering and will not receive any proceeds from the offering.

MENLO PARK, Calif., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (the “Company” or “Runway Growth”) a specialty finance company focused on providing senior secured loans to high growth-potential companies in technology, life sciences, healthcare information and services, business services, select consumer services and products and other high-growth industries, today announced a proposed underwritten secondary offering of 3,750,000 shares of its common stock by OCM Growth Holdings LLC and Oaktree Opportunities Fund XB Holdings (Delaware), L.P. (collectively, the “Selling Stockholders”) pursuant to a registration statement filed with the Securities and Exchange Commission (the “SEC”). In connection with the proposed offering, the Selling Stockholders intend to grant the underwriters a 30-day option to purchase up to an additional 562,500 shares of the common stock offered by the Selling Stockholders.

Delivered Total and Net Investment Income of $43.8 and $22.0 Million, Respectively

MENLO PARK, Calif., Nov. 03, 2023 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that its Board of Directors has declared a fourth quarter 2023 cash distribution of $0.40 per share. In addition, the Board of Directors declared a supplemental dividend of $0.06 per share, for the fourth quarter of 2023.

MENLO PARK, Calif., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that it will release its third quarter 2023 financial results after market close on Tuesday, November 7, 2023. Runway Growth will discuss its financial results on a conference call that day at 2:00 p.m. PT (5:00 p.m. ET).

Completed Six Investments in New and Existing Portfolio Companies Representing $40.8 Million in Funded Loans

Delivered Total and Net Investment Income of $41.9 and $19.7 Million, Respectively

MENLO PARK, Calif., Aug. 01, 2023 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that its Board of Directors has declared a third quarter 2023 cash distribution of $0.40 per share. In addition, the Board of Directors declared a supplemental dividend of $0.05 per share, for the third quarter of 2023. Runway Growth intends to declare and pay a similar supplemental dividend for each subsequent fiscal quarter during 2023, subject to future approval by the Board of Directors.

MENLO PARK, Calif., July 31, 2023 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today released the following statement:

WOODSIDE, Calif., July 12, 2023 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that it will release its second quarter 2023 financial results after market close on Tuesday, August 8, 2023. Runway Growth will discuss its financial results on a conference call that day at 2:00 p.m. PT (5:00 p.m. ET).

Completed Four Investments in Existing Portfolio Companies Representing $50.9 Million in Funded Loans

Delivered Total and Net Investment Income of $39.3 and $18.2 Million, Respectively

WOODSIDE, Calif., May 03, 2023 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that its Board of Directors has declared a second quarter 2023 cash distribution of $0.40 per share. In addition, the Board of Directors declared a supplemental dividend of $0.05 per share. Runway Growth intends to declare and pay a similar supplemental dividend for each subsequent fiscal quarter during 2023, subject to future approval by the Board of Directors.

WOODSIDE, Calif., April 18, 2023 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced the expansion of its existing revolving credit facility with an increase in aggregate commitments to $500 million from KeyBank Specialty Finance, CIBC Bank USA and other lenders.

WOODSIDE, Calif., April 17, 2023 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that it will release its first quarter 2023 financial results after market close on Tuesday, May 9, 2023. Runway Growth will discuss its financial results on a conference call that day at 2:00 p.m. PT (5:00 p.m. ET).

WOODSIDE, Calif., April 06, 2023 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today provided an operational and portfolio update for the first quarter ended March 31, 2023.

WOODSIDE, Calif., March 13, 2023 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, provided a business update in response to recent industry events concerning Silicon Valley Bank (“SVB”).

Delivered Record Quarterly and Annual Net Investment Income of $18.4 and $59.8 Million, Respectively

WOODSIDE, Calif., Feb. 24, 2023 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that its Board of Directors has declared a first quarter 2023 cash distribution of $0.40 per share. This dividend represents an increase of 11% over the base dividend declared in the prior quarter; and the fifth consecutive quarter of dividend increases since becoming a listed company. In addition, the Board of Directors declared a supplemental dividend of $0.05 per share, for the first quarter of 2023. Runway Growth intends to declare and pay a similar supplemental dividend for each subsequent fiscal quarter during 2023, subject to future approval by the Board of Directors.

WOODSIDE, Calif., Feb. 08, 2023 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that it will release its fourth quarter and full year 2022 financial results after market close on Thursday, March 2, 2023. Runway Growth will discuss its financial results on a conference call that day at 3:00 p.m. PT (6:00 p.m. ET).

WOODSIDE, Calif., Jan. 10, 2023 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (“Runway Growth”) (Nasdaq: RWAY), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today provided an operational and portfolio update for the fourth quarter ended December 31, 2022.

WOODSIDE, Calif., Nov. 30, 2022 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (the “Company”) (Nasdaq: RWAY), an externally managed business development company, today announced that it has priced an underwritten public offering of $45.00 million aggregate principal amount of notes due 2027 (the “Notes”), which will result in net proceeds to the Company of approximately $43.65 million after payment of underwriting discounts and commissions but before deducting expenses payable by the Company related to this offering. The Notes will mature on December 31, 2027 and may be redeemed in whole or in part at any time or from time to time at the Company’s option on or after December 31, 2024. The Notes will be issued in denominations of $25 and integral multiples of $25 in excess thereof and will bear interest at a rate of 8.00% per year, payable quarterly, with the first interest payment occurring on March 1, 2023. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional $6.75 million aggregate principal amount of Notes to cover overallotments, if any.

WOODSIDE, Calif., Nov. 30, 2022 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (the “Company”) (Nasdaq: RWAY), an externally managed business development company, today announced that it has commenced an underwritten offering of unsecured notes (the “Notes”), subject to market and other conditions. The Company has applied for the Notes to be listed and trade on the Nasdaq Global Select Market. If approved for listing, the Company expects the Notes to begin trading within 30 days from the original issue date. The interest rate and other terms of the Notes will be determined at the time of pricing of the offering.

Delivered Record Total and Net Investment Income of $27.3 and $14.5 Million, Respectively Increased Core Leverage Ratio of Portfolio to 60% Grew Investment Portfolio to Record $910.2 Million Conference Call Today, Thursday, November 3 at 6:00 p.m. ET

WOODSIDE, Calif., Oct. 28, 2022 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that its Board of Directors has declared a fourth quarter 2022 cash distribution of $0.36 per share. This dividend represents an increase of 9% over the dividend declared in the prior quarter; and the fourth consecutive quarter of dividend increases since becoming a listed company.

WOODSIDE, Calif., Oct. 13, 2022 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that it will release its third quarter 2022 financial results after market close on Thursday, November 3, 2022. Runway Growth will discuss its financial results on a conference call that day at 3:00 p.m. PT (6:00 p.m. ET).

WOODSIDE, Calif., Oct. 06, 2022 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (“Runway Growth”) (Nasdaq: RWAY), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today provided an operational and portfolio update for the third quarter ended September 30, 2022.