WhiteHawk Minerals Eyes $701 Million Valuation in US IPO

(Reuters) – WhiteHawk Minerals ‌is targeting a valuation of up to $701.2 million ​in its U.S. initial ​public offering, as the ⁠natural gas mineral ​and royalty firm looks to ​tap investor appetite for domestic energy assets.

The Philadelphia, Pennsylvania-based ​company is seeking ​up to $187 million by offering roughly ‌6.9 ⁠million shares priced between $25 and $27 apiece, it said on Tuesday.


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WhiteHawk Minerals ​will ​list ⁠on the New York Stock Exchange ​under the symbol “WHK”.

Raymond ​James, ⁠Stifel and J.P. Morgan are joint lead bookrunners ⁠for ​the offering.

Reporting ​by Arasu Kannagi Basil in Bengaluru; ​Editing by Vijay Kishore

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