SWK CEO expects Nasdaq listing to be good for shareholders
SWK Holdings (SWKH) is a specialized finance company with a specific focus on opportunities in the global healthcare sector. In an exclusive interview with The Fly, the company's CEO Winston Black talked about SWK Holdings' formal application to list its common stock on the Nasdaq: "The up listing to the Nasdaq is important because it allows us to do a couple things. First and assuming that we do get up listed, it will be an upgrade of the quality of listing in terms of signifying everything that a Nasdaq listed company would represent relative to an OTC listed company. I think that's important. And then of course, what comes along with that is expanding the potential universe of investors as many don't generally look at OTC listed Securities. The board is anticipating that by upgrading the listing and expanding the potential range of investors evaluating SWK it would be good for the company's shareholders. From the business perspective, when we interact with various counterparties being a Nasdaq listed company will also be a signifier to those parties relative to us being an OTC listed - in terms of being a higher quality company, better run and so forth." "Meet the Company" is The Fly's recurring series of exclusive short interviews with Executive Officers to offer a deeper look inside the company. The remainder of this interview to follow.