Runway Growth Finance Provides Q2 2024 Portfolio Update, Completed 2 Investments In New Portfolio Companies Representing $75.5M In Funded Loans; During Q2 Runway Growth Experienced One Prepayment Totaling $25.3M And Scheduled Principal Amortization Of $1.3M

7/11/24 8:45:56 AM ET

Finance: Consumer Services

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Completed Two Investments in New Portfolio Companies Representing $75.5 Million in Funded Loans

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.

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Recent Analyst Ratings for
$RWAY

Date	Price Target	Rating	Analyst
8/15/2024	$12.75 → $11.25	Neutral → Buy	Compass Point
6/28/2024	$12.00	Neutral	BofA Securities
5/8/2024	$12.75	Buy → Neutral	Compass Point
3/8/2024		Outperform → Perform	Oppenheimer
3/8/2024	$14.50 → $13.50	Buy → Neutral	B. Riley Securities
3/8/2024		Buy → Neutral	Ladenburg Thalmann
3/8/2024	$13.50 → $12.50	Overweight → Neutral	JP Morgan
4/24/2023	$12.00	Neutral	Janney

More analyst ratings

Mount Logan Capital Inc. Announces Strategic Minority Investment in Leading North American Lending Platform
BC Partners Credit agreed to indirectly acquire a majority stake in Runway Growth Capital LLC, an SEC registered investment adviser, managing approximately $1.4 billion in private credit assets Mount Logan purchasing the remaining minority stake in Runway through the issuance of $5 million common shares of Mount Logan Runway focuses on providing $30 to $150 million senior loans to fast-growing North American companies Mount Logan and BC Partners' investment benefits existing Runway investors through origination channel expansion, augmented capital availability and expanded investment solution capabilities Mount Logan benefits from the alignment with a best-in-class manage
10/31/24 6:40:57 PM ET
$RWAY
Finance: Consumer Services
Finance
Runway Growth Capital Announces Combination with BC Partners Credit
BC Partners' credit arm to acquire Runway Growth Capital as a long-term, strategic investment, complementing BC's existing platform across private lending, opportunistic credit and specialty financeRunway Growth Capital will continue to operate independently and serve as the external investment adviser to Runway Growth Finance, a publicly traded business development company, with the current leadership and investment teams remaining in placeTransaction will expand origination channels, enhance investment solutions, and accelerate capital formation and fundraising capabilities as Runway Growth Capital seeks to strengthen the venture ecosystemMENLO PARK, Calif. and NEW YORK, Oct. 31, 2024 /PRN
10/31/24 5:45:00 PM ET
$RWAY
Finance: Consumer Services
Finance
Runway Growth Capital Named to Inc.'s 2024 Founder-Friendly Investors List
Runway's recognition highlights its unwavering support for entrepreneurs through minimally dilutive capital solutions. MENLO PARK, Calif., Oct. 29, 2024 /PRNewswire/ -- Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to venture and non-venture-backed companies seeking an alternative to raising equity, is proud to announce its inclusion in Inc. Magazine's 2024 Founder-Friendly Investors list. This marks another significant achievement for the firm, reinforcing its reputation as a trusted financial partner dedicated to empowering entrepreneurs by offering capital solutions that allow founders to maintain ownership of their businesses.
10/29/24 4:15:00 PM ET
$RWAY
Finance: Consumer Services
Finance

Runway Growth Finance Corp. Announces Date for Third Quarter 2024 Financial Results and Conference Call
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). To participate in the conference call or webcast, participants should register online at the Runway Growth Investor Relations website. Participants are requested to register a day in advance or at a minimum 15 minute
10/15/24 4:05:16 PM ET
$RWAY
Finance: Consumer Services
Finance
Runway Growth Finance Corp. Reports Second Quarter 2024 Financial Results
Delivered Total and Net Investment Income of $34.2 million and $14.6 million, Respectively Investment Portfolio of $1.1 billion Conference Call Today, Thursday, August 8, 2024 at 5:00 p.m. ET MENLO PARK, Calif., Aug. 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 announced its financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights Total investment income of $34.2 millionNet investment income of $14.6 million, or $0.37 per shareNet asset value of $13.14 per s
8/8/24 4:05:44 PM ET
$RWAY
Finance: Consumer Services
Finance
Runway Growth Finance Corp. Announces Third Quarter Regular Dividend of $0.40 and $0.05 Supplemental Distribution
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. The following shows the key dates of the third quarter 2024 dividend, including the supplemental dividend: Declaration Date: July 30, 2024Record Date: August 12, 2024 Payment Date: August 26, 2
7/31/24 3:03:52 PM ET
$RWAY
Finance: Consumer Services
Finance

Runway Growth Finance Provides Q2 2024 Portfolio Update, Completed 2 Investments In New Portfolio Companies Representing $75.5M In Funded Loans; During Q2 Runway Growth Experienced One Prepayment Totaling $25.3M And Scheduled Principal Amortization Of $1.3M

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Recent Analyst Ratings for $RWAY

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Runway Growth Finance Provides Q2 2024 Portfolio Update, Completed 2 Investments In New Portfolio Companies Representing $75.5M In Funded Loans; During Q2 Runway Growth Experienced One Prepayment Totaling $25.3M And Scheduled Principal Amortization Of $1.3M

A Closer Look at 4 Analyst Recommendations For Runway Gwth Fin

B of A Securities Initiates Coverage On Runway Gwth Fin with Neutral Rating, Announces Price Target of $12

$RWAY Large Ownership Changes

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Amendment: SEC Form SC 13D/A filed by Runway Growth Finance Corp.

SEC Form SC 13D/A filed by Runway Growth Finance Corp. (Amendment)

SEC Form SC 13D/A filed by Runway Growth Finance Corp. (Amendment)

$RWAY Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

President and CEO Spreng R David bought $50,850 worth of shares (5,000 units at $10.17), increasing direct ownership by 8% to 69,532 units (SEC Form 4)

Officer Raterman Thomas B. bought $50,400 worth of shares (5,000 units at $10.08), increasing direct ownership by 22% to 27,441 units (SEC Form 4)

Director Ocm Growth Holdings Llc sold $4,760,000 worth of shares (400,000 units at $11.90) (SEC Form 4)

$RWAY SEC Filings

SEC Form PRE 14A filed by Runway Growth Finance Corp.

Runway Growth Finance Corp. filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits

Runway Growth Finance Corp. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

$RWAY Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

President and CEO Spreng R David bought $50,850 worth of shares (5,000 units at $10.17), increasing direct ownership by 8% to 69,532 units (SEC Form 4)

Officer Raterman Thomas B. bought $50,400 worth of shares (5,000 units at $10.08), increasing direct ownership by 22% to 27,441 units (SEC Form 4)

Spreng R David bought $59,400 worth of shares (5,000 units at $11.88), increasing direct ownership by 8% to 64,532 units (SEC Form 4)

$RWAY Analyst Ratings

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$RWAY Financials

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$RWAY Leadership Updates

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Runway Growth Finance upgraded by Compass Point with a new price target

BofA Securities initiated coverage on Runway Growth Finance with a new price target

Runway Growth Finance downgraded by Compass Point with a new price target

Mount Logan Capital Inc. Announces Strategic Minority Investment in Leading North American Lending Platform

Runway Growth Capital Announces Combination with BC Partners Credit

Runway Growth Capital Named to Inc.'s 2024 Founder-Friendly Investors List

Runway Growth Finance Corp. Announces Date for Third Quarter 2024 Financial Results and Conference Call

Runway Growth Finance Corp. Reports Second Quarter 2024 Financial Results

Runway Growth Finance Corp. Announces Third Quarter Regular Dividend of $0.40 and $0.05 Supplemental Distribution

Runway Growth Capital Appoints Rachel Goldstein as Senior Vice President of Growth at the Firm

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