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Runway Growth Finance Corp. - $RWAY STOCK NEWS

Welcome to our dedicated page for Runway Growth Finance news (Ticker: $RWAY), a resource for investors and traders seeking the latest updates and insights on Runway Growth Finance stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Runway Growth Finance's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Runway Growth Finance's position in the market.

Rhea-AI Summary
Runway Growth Capital LLC announced the findings from its third Venture Debt Review, showing strong demand for debt, rising interest in non-bank specialty lenders, and increased importance of lender reputation post-Silicon Valley Bank collapse. Key findings include 88% of VC respondents planning to pursue venture debt, 33% of entrepreneurs finding venture banks less trustworthy, and 67% of entrepreneurs willing to raise venture debt with non-bank lenders.
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End-of-Day
1.29%
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Rhea-AI Summary
Runway Growth Finance Corp. (Nasdaq: RWAY) will release its Q4 and full year 2023 financial results on March 7, 2024, after market close. The company will discuss its financial results on a conference call at 2:00 p.m. PT on the same day. Participants can register online on the Runway Growth Investor Relations website to join the call or webcast.
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-0.23%
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Rhea-AI Summary
Runway Growth Capital LLC provides a $40 million debt commitment to Blueshift, a San Francisco-based company that uses patented AI technology to automate and personalize customer engagement across marketing channels. The funding will be used to expand sales, marketing, and operations, enabling Blueshift to deliver unparalleled personalized experiences for brands globally.
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-0.08%
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Rhea-AI Summary
Runway Growth Finance Corp. (Nasdaq: RWAY) provided an operational and portfolio update for the fourth quarter ended December 31, 2023, announcing eight investments in new and existing portfolio companies totaling $154.6 million in funded loans and other investments. The company also experienced two prepayments totaling $61.7 million and scheduled principal amortization of $0.3 million.
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-0.08%
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Runway Growth Capital LLC provides $50 million debt commitment to Linxup (LINX), a U.S.-based GPS tracking, telematics, and fleet management provider for small and mid-size businesses. The financing will refinance existing debt and provide working capital for Linxup's growth as a supplier of IoT solutions tailored to SMB-focused fleets. Linxup offers easy-to-use vehicle tracking, asset tracking, and AI-enabled dash cams combined with software solutions to improve fleet visibility, reduce fuel costs, increase efficiency, and improve driver safety.
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0.88%
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Runway Growth Finance Corp. (Nasdaq: RWAY) announced the pricing of a secondary offering of 3,750,000 shares of its common stock by Selling Stockholders at a public offering price of $12.56 per share. The underwriters have been granted a 30-day option to purchase up to 562,500 additional shares. The offering is expected to settle and close soon.
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-6.73%
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Runway Growth Finance Corp. (Nasdaq: RWAY) announced a proposed underwritten secondary offering of 3,750,000 shares of its common stock by Selling Stockholders. The joint-lead book-running managers for the offering are Wells Fargo Securities, Morgan Stanley & Co. LLC, BofA Securities, and UBS Securities LLC. Additionally, Keefe, Bruyette & Woods, a Stifel Company, and B. Riley Securities are acting as joint book-running managers.
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-6.73%
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RWAY: Runway Growth Finance Corp. Delivers Strong Q3 Results with $43.8M Total Investment Income and $22.0M Net Investment Income
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2%
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Runway Growth Finance Corp. (Nasdaq: RWAY) has declared a fourth quarter 2023 cash distribution of $0.40 per share and a supplemental dividend of $0.06 per share. The key dates for the dividend are: Declaration Date: November 2, 2023, Record Date: November 13, 2023, Payment Date: November 28, 2023. The Company intends to distribute most of its available earnings on a quarterly basis, subject to the Board of Directors' discretion. Stockholders can opt out of the dividend reinvestment plan.
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1.91%
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dividends
Rhea-AI Summary
Runway Growth Capital LLC has been named in Inc. Magazine's prestigious Founder-Friendly Investors list. The list recognizes firms that provide growth loans to companies seeking an alternative to raising equity. Runway has partnered with 72 companies, providing over $2.4 billion in total loan commitments. They focus on technology, life sciences, and select consumer services and products. Runway recently expanded a credit facility with SetPoint Medical, closed on a senior secured term loan with Madison Reed, and provided a senior secured term loan to Elevate Services, Inc. The Founder-Friendly Investors list is a go-to guide for entrepreneurs who want to grow their companies while retaining ownership.
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Runway Growth Finance Corp.

Nasdaq:RWAY

RWAY Rankings

RWAY Stock Data

462.22M
39.44M
0.98%
65.53%
0.93%
Securities and Commodity Exchanges
Finance and Insurance
Link
United States of America
CHICAGO

About RWAY

runway growth capital lends capital—as well as relationships, experience and passion—to help fast-growing, dynamic companies achieve their fullest potential.