<div id="readability-page-1">Philadelphia-based WhiteHawk Income Corporation, along with WhiteHawk Energy, LLC and related subsidiaries, have finalized the acquisition of PHX Minerals Inc. (NYSE: PHX) as of June 23, 2025. The transaction, which followed a tender offer, was completed through a merger as outlined in the Agreement and Plan of Merger dated May 8, 2025. This strategic move marks a significant development for WhiteHawk, signaling their expansion and growth in the industry.</div>

<p>Philadelphia-based WhiteHawk Income Corporation, along with WhiteHawk Energy, LLC and related subsidiaries, have finalized the acquisition of PHX Minerals Inc. (NYSE: PHX) as of June 23, 2025. The transaction, which followed a tender offer, was completed through a merger as outlined in the Agreement and Plan of Merger dated May 8, 2025. This strategic move marks a significant development for WhiteHawk, signaling their expansion and growth in the industry.</p>

WhiteHawk acquires PHX Minerals Inc. for $X million, completing the merger on June 23, 2025.