WhiteHawk Income Corporation announced the pricing for its recently upsized initial public offering, setting the sale at $26 per share for 7.7 million shares of Class A common stock. The final size of the offering represents an increase of 775,000 shares from the company's initial proposal of 6.925 million shares.
Under the terms disclosed, the company has granted the underwriting syndicate a 30-day option to purchase up to an additional 1.155 million shares of Class A common stock. Management expects the shares to begin trading on the New York Stock Exchange on June 9, 2026, under the ticker symbol WHK.
The offering is scheduled to close on June 10, 2026, subject to customary closing conditions. The company said that upon closing it will change its corporate name to WhiteHawk Minerals Corp.
Raymond James & Associates, Stifel Nicolaus & Company and J.P. Morgan Securities are serving as joint lead bookrunners on the deal. Capital One Securities and Stephens are acting as bookrunning managers, while Tuohy Brothers Investment Research is listed as a co-manager.
The Securities and Exchange Commission declared the registration statement for the offering effective on June 8, 2026.
WhiteHawk Minerals focuses on acquiring and managing natural gas mineral and royalty interests in U.S. basins, with its asset base concentrated in the Appalachian and Haynesville Basins. As of March 31, 2026, the company reported that its portfolio covered approximately 3.4 million gross drilling and spacing unit acres.
Deal mechanics and timeline
- The upsized offering consists of 7.7 million Class A shares priced at $26 apiece.
- A 30-day overallotment option allows underwriters to buy up to 1.155 million additional shares.
- Shares are expected to list on the NYSE on June 9, 2026 and the offering is expected to close on June 10, 2026, pending customary closing conditions.
Underwriting group
- Joint lead bookrunners: Raymond James & Associates, Stifel Nicolaus & Company, J.P. Morgan Securities.
- Bookrunning managers: Capital One Securities, Stephens. Co-manager: Tuohy Brothers Investment Research.
Corporate focus and portfolio
WhiteHawk Minerals concentrates on natural gas mineral and royalty interests primarily within the Appalachian and Haynesville Basins. The company reported approximately 3.4 million gross drilling and spacing unit acres in its portfolio as of March 31, 2026.
Investors and market participants will watch the listing and closing dates as the company transitions its corporate name to WhiteHawk Minerals Corp after the offering closes.