WhiteHawk Minerals has entered into agreements with investors for a private placement expected to generate approximately $75 million in gross proceeds as the company prepares to fund recently announced acquisitions and strengthen its capital position.
Under the securities purchase agreement, WhiteHawk will issue 2,873,563 shares of Class A common stock at $26.10 per share. The transaction was signed on September 18, 2026, and was expected to close on September 21.
WhiteHawk intends to use the net proceeds to finance its recently announced acquisitions and for general corporate purposes.
Raymond James & Associates and Stifel, Nicolaus & Company are acting as placement agents for the offering.
The shares are being issued through a private placement exempt from registration under the Securities Act.
WhiteHawk also entered into a registration rights agreement with participating investors.
Under that agreement, the company committed to file a registration statement covering resale of the shares as soon as reasonably practicable after closing and no later than 45 days afterward.
The financing gives WhiteHawk a substantial new pool of equity capital shortly after becoming publicly traded on the New York Stock Exchange under the WHK ticker.
The $26.10-per-share financing structure also avoids the addition of new debt as WhiteHawk deploys capital toward its acquisition strategy.
