Form 497AD - Filing by certain investment companies of Rule 482 advertising [Rule 497 and 482(c)]
14 November 2023 - 1:46PM
Edgar (US Regulatory)
Filed pursuant
to Rule 497
Registration No. 333-274351
Rule 482ad
Runway
Growth Finance Corp.
Announces
Pricing of Secondary Offering of Common Stock by Selling Stockholders
MENLO
PARK, California, November 13, 2023 – 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.
Wells
Fargo Securities, Morgan Stanley & Co. LLC, BofA Securities, and UBS Securities LLC are acting as joint lead book-running managers
of, and as representatives of the underwriters for, the offering. Additionally, Keefe, Bruyette & Woods, a Stifel Company, and
B. Riley Securities are acting as joint book-running managers and Compass Point and Oppenheimer & Co. are acting as co-managers
for the offering.
A
registration statement relating to these securities has been filed with the SEC on Form N-2 (File No. 333-274351) that was
declared effective by the SEC on October 31, 2023. A preliminary prospectus supplement and accompanying prospectus relating to and
describing the terms of the offering is available on the SEC's website located at www.sec.gov.
A copy of the preliminary prospectus supplement and accompanying prospectus relating to the offering may be obtained for free by visiting
EDGAR on the SEC website at www.sec.gov. Alternatively, Runway, any underwriter, or any dealer participating in the offering will
arrange to send these documents if contacted at: Wells Fargo Securities, 90 South 7th Street, 5th Floor, Minneapolis, MN 55402, at 800-645-3751
(option #5) or email a request to WFScustomerservice@wellsfargo.com; Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor,
New York, NY 10014, Attn: Prospectus Department; BofA Securities, NC1-022-02-25, 201 North Tryon Street, Charlotte, NC 28255, Attn: Prospectus
Department, email: dg.prospectus_requests@bofa.com; and UBS Securities LLC, 1285 Avenue of the Americas, New York, NY 10019, Attn: ECM
Syndicate.
This
press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities nor shall there be any sale
of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or jurisdiction.
About Runway
Growth Finance Corp.
Runway Growth is
a growing specialty finance company focused on providing flexible capital solutions to late- and growth-stage companies seeking an alternative
to raising equity. Runway Growth is a closed-end investment fund that has elected to be regulated as a business development company under
the Investment Company Act of 1940. Runway Growth is externally managed by Runway Growth Capital LLC, an established registered investment
advisor that was formed in 2015 and led by industry veteran David Spreng.
Forward-Looking
Statements
Statements included
herein may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995.
Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are
not guarantees of future performance, condition or results and involve a number of risks and uncertainties, including the impact of COVID-19
and related changes in base interest rates and significant market volatility on our business, our portfolio companies, our industry and
the global economy. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors,
including those described from time to time in Runway Growth’s filings with the Securities and Exchange Commission. Runway Growth
undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this
press release.
Contacts:
Stefan
Norbom, Prosek Partners, snorbom@prosek.com
Thomas
B. Raterman, Acting President, Chief Financial Officer and Chief Operating Officer, tr@runwaygrowth.com
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