other material
confidence high
sentiment neutral
materiality 0.72
WhiteHawk Minerals launches Series F preferred offering of up to 100,000 shares at $1,000 stated value
WhiteHawk Income Corp
- WhiteHawk entered a Dealer Manager Agreement with Preferred Capital Securities for a best-efforts offering of up to 100,000 Series F preferred shares.
- Series F pays cumulative dividends at a fixed 7.5% annual rate on a $1,000 stated value per share; public offering price is up to $1,000 per share.
- Dealer manager fee is up to 2.5% of stated value per share sold, and selling commission is up to 5.5%; reduced or eliminated commissions are allowed on some sales.
- Certificate of Designations filed in Delaware on October 1, 2026 designated 100,000 preferred shares as Series F, ranking senior to Class A common, parity with Series B, junior to Series E and debt.
- WhiteHawk also entered a Preferred Shareholder Services Agreement with Preferred Shareholder Services, LLC for non-distribution support services; CEO Daniel Herz signed.