WhiteHawk Minerals Pursues $701.2M Valuation in U.S. IPO, Plans $187M Offering

GateNews
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Natural gas royalty company WhiteHawk Minerals is pursuing a valuation of up to $701.2 million in its U.S. initial public offering, following the long weekend. The Philadelphia-based company plans to raise up to $187 million by issuing approximately 6.9 million shares priced between $25 and $27 per share. WhiteHawk will list on the New York Stock Exchange under the ticker "WHK," with joint underwriters including Raymond James, Stifel, and JPMorgan. The company is backed by billionaire Leon Cooperman's Omega Capital Partners.
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