---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-402855"
form_type: "8-K/A"
ticker: "WHK"
cik: "0001921603"
company_name: "WhiteHawk Income Corp"
filed_at: "2026-09-25T20:15:39+00:00"
generated_at: "2026-10-12T13:23:09.900821+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# WhiteHawk closes $96.8M SJM II mineral acquisition; raises $50M Series E preferred at 10-14% dividend

## Summary
- Closed SJM II Acquisition on Sept 25, 2026: paid ~$96.8M after adjustments (vs $105.0M PSA price) for Marcellus and Haynesville mineral/royalty interests from Three Rivers Royalty II and Cypress.
- Series E Preferred: issued 50,000 shares for $50.0M gross to investors including Chairman/CEO Daniel Herz; monthly cash dividends at 10% annual through 3/31/2027, 12% through 12/31/2028, then 14%.
- Series E ranks senior to Class A/B common; redeemable at $1,000/share plus accrued dividends; mandatory redemption on Deemed Liquidation Event; holders entitled to 1.08x minimum return.
- Credit agreement Second Amendment raised borrowing base and elected commitments to $175.0M from $150.0M; Capital One is administrative agent; new lender admitted to revolving facility.
- Acquired assets' 2025 carve-out financials: net income $24.56M on total net sales $34.44M (2024: $23.62M income, $34.72M sales); proved oil and gas properties $89.7M of $108.3M total assets.

## SEC filing metadata
- accession: 0001193125-26-402855
- form_type: 8-K/A
- ticker: WHK
- cik: 0001921603
- company_name: WhiteHawk Income Corp
- filed_at: 2026-09-25T20:15:39+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 3.02, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1921603/000119312526402855/0001193125-26-402855-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1921603/000119312526402855/whk-20260812.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-402855
- JSON: https://secwatch.observer/filing/0001193125-26-402855.json
- Plain text: https://secwatch.observer/filing/0001193125-26-402855.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.