secwatch.observer — SEC 8-K summary
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Issuer:     PHX MINERALS INC. (—)
CIK:        0000315131
Form:       8-K
Filed at:   2025-06-23T23:59:59+00:00
Accession:  0001104659-25-061419
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.01, 1.02, 2.01, 2.03, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PHX Minerals acquired by WhiteHawk in $187M all-cash deal; shares delisted
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- Tender offer closed with 73.7% of shares tendered; remaining shares acquired in merger at $4.35/sh.
- Aggregate consideration ~$187M; PHX becomes wholly owned subsidiary of WhiteHawk.
- NYSE listing suspended; PHX to file Form 15 to suspend SEC reporting.
- CEO Chad Stephens, CFO Ralph D'Amico, and all board members resigned; new leadership appointed.
- PHX became guarantor of WHIC's note purchase agreement; prior credit agreement terminated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/315131/000110465925061419/0001104659-25-061419-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/315131/000110465925061419/tm2518602d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-061419

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