Latest news with #PHX
Business Wire
12 hours ago
- Business
- Business Wire
WhiteHawk Completes Tender Offer for Acquisition of PHX
PHILADELPHIA--(BUSINESS WIRE)--WhiteHawk Income Corporation (together with WhiteHawk Energy, LLC and their respective subsidiaries, 'WhiteHawk' or the 'Company') announced that a majority of the outstanding shares of common stock, par value $0.01666 per share (the 'Shares'), of PHX Minerals Inc. ('PHX') (NYSE: PHX) were validly tendered and the other conditions to the tender offer have been satisfied. WhiteHawk anticipates the acquisition of PHX will be consummated by WhiteHawk in accordance with, and subject to the terms of, the definitive agreement for the acquisition on Monday, June 23, 2025. Computershare Trust Company, N.A., the depositary for the tender offer, has indicated that as of 12:00 Midnight, Eastern time, at the end of June 20, 2025, approximately 28,806,761 total Shares, or 73.7% of the total Shares issued and outstanding, have been tendered into and not properly withdrawn from the tender offer. This figure does not include 50,315 Shares tendered pursuant to the guaranteed delivery procedures set forth in the Offer to Purchase. When the 50,315 Shares tendered pursuant to the guaranteed delivery procedures are included in the results, approximately 28,857,076 total Shares, or 73.8% of the total Shares issued and outstanding, will have been tendered into and not properly withdrawn from the tender offer. About WhiteHawk Energy, LLC WhiteHawk Energy, LLC is focused on acquiring mineral and royalty interests in top-tier natural gas resource plays, including the Marcellus Shale and Haynesville Shale. The management team at WhiteHawk Energy has successfully grown over $13 billion of minerals, midstream, and exploration and development companies over the last 20 years. WhiteHawk Energy currently manages approximately 1,350,000 gross unit acres within core operating areas of the Marcellus Shale and Haynesville Shale, with interests in more than 3,400 producing horizontal wells. Please go to for more information. About PHX Minerals Inc. PHX Minerals is a natural gas and oil mineral company with a strategy to proactively grow its mineral position in its core focus areas. PHX owns mineral acreage principally located in Oklahoma, Texas, Louisiana, North Dakota and Arkansas. Additional information on the Company can be found at Cautionary Statement Regarding Forward-Looking Statements This document contains certain forward-looking statements about WhiteHawk and PHX, including statements that involve risks and uncertainties concerning WhiteHawk's proposed acquisition of PHX, anticipated customer benefits and general business outlook. When used in this document, the words 'anticipates,' 'can,' 'will,' 'look forward to,' 'expected' and similar expressions and any other statements that are not historical facts are intended to identify those assertions as forward-looking statements. Any such statement may be influenced by a variety of factors, many of which are beyond the control of WhiteHawk or PHX, that could cause actual outcomes and results to be materially different from those projected, described, expressed or implied in this document due to a number of risks and uncertainties. Potential risks and uncertainties include, among others, (i) the possibility that the transaction will not close or that the closing may be delayed, (ii) the anticipated synergies of the combined companies may not be achieved after closing, (iii) the combined operations may not be successfully integrated in a timely manner, if at all, (iv) general economic conditions in regions in which either company does business, and (v) the possibility that WhiteHawk or PHX may be adversely affected by other economic, business, and/or competitive factors. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what impact they will have on the results of operations or financial condition of WhiteHawk or PHX. In addition, please refer to the documents that PHX files with the U.S. Securities and Exchange Commission (the 'SEC') on Forms 10-K, 10-Q and 8-K. These filings identify and address other important factors that could cause PHX's operational and other results to differ materially from those contained in the forward-looking statements set forth in this document. You are cautioned to not place undue reliance on forward-looking statements, which speak only as of the date of this document. Neither WhiteHawk nor PHX is under any duty to update any of the information in this document. Additional Information about the Acquisition and Where to Find It This document is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell shares of PHX, nor is it a substitute for the tender offer materials that WhiteHawk and its acquisition subsidiary will file and have filed with the SEC relating to the tender offer. The tender offer is being made pursuant to a tender offer statement on Schedule TO (including the Offer to Purchase, a related Letter of Transmittal and other offer materials) filed by WhiteHawk with the U.S. Securities and Exchange Commission ('SEC') on May 22, 2025, as amended from time to time. In addition, on May 22, 2025, PHX filed a Solicitation/Recommendation statement on Schedule 14D-9 with the SEC related to the tender offer. The tender offer materials (including an Offer to Purchase, a related Letter of Transmittal and certain other tender offer documents) and the Solicitation/Recommendation Statement contain important information. Holders of shares of PHX are urged to read these documents The Offer to Purchase, the related Letter of Transmittal and certain other tender offer documents, as well as the Solicitation/Recommendation Statement, have been made available to all holders of shares of PHX at no expense to them. The tender offer materials and the Solicitation/Recommendation Statement are available for free at the SEC's web site at In addition to the Offer to Purchase, the related Letter of Transmittal and certain other tender offer documents, as well as the Solicitation/Recommendation Statement, PHX files annual, quarterly and special reports and other information with the SEC. You may read and copy any reports or other information filed by PHX at the SEC public reference room at 100 F Street, N.E., Washington, D.C. 20549. Please call the Commission at 1-800-SEC-0330 for further information on the public reference room. PHX's filings with the SEC are also available to the public from commercial document-retrieval services and at the website maintained by the SEC at
Yahoo
20-05-2025
- Business
- Yahoo
University of Phoenix COO Joins PHX East Valley Partnership Annual Meeting
Raghu Krishnaiah shares insights on artificial intelligence, education and the future of work PHOENIX, May 20, 2025--(BUSINESS WIRE)--University of Phoenix is pleased to announce that Chief Operating Officer Raghu Krishnaiah participated in the 43rd annual meeting of the PHX East Valley Partnership. Themed "AI and the Future of Work," the event took place Tuesday, May 20, at the ASU Mix Center in Mesa, Arizona, with University of Phoenix serving as a presenting sponsor. The event attracts hundreds of business executives, policymakers and community stakeholders from throughout the region. "Artificial intelligence is transforming the career landscape and redefining the skills today's workforce needs to succeed," said Krishnaiah. "This transformation calls for continued innovation in how we prepare individuals for long-term career success. At University of Phoenix, we view AI as an amplifier that strengthens our commitment to empowering working adults, employers, workforce organizations and other learning institutions with the tools, confidence and adaptability they need to thrive in today's economy." Hosted by the PHX East Valley Partnership, the annual meeting brings together civic, business, education, health care and political leaders focused on promoting economic growth in East Valley cities. Krishnaiah delivered a presentation titled "Education, AI, and the Future of Work," and participated in a panel discussion alongside other regional leaders. Panelists explored the role of artificial intelligence, education and upskilling in building the local talent pipeline, supporting business growth, and enhancing quality of life for East Valley residents. The discussion addressed emerging opportunities and challenges in the evolving workforce landscape. The East Valley region is home to a diverse range of employers, including manufacturers, autonomous and electric vehicle companies, small businesses and entrepreneurial ventures. According to the U.S. Census Bureau, Phoenix remains the nation's fifth-largest city, while Vintage 2024 estimates show several East Valley cities are among the fastest-growing in the country over both one-year and four-year periods. Learn more about the event and PHX East Valley Partnership here. About University of Phoenix University of Phoenix innovates to help working adults enhance their careers and develop skills in a rapidly changing world. Flexible schedules, relevant courses, interactive learning, skills-mapped curriculum for our bachelor's and master's degree programs and a Career Services for Life® commitment help students more effectively pursue career and personal aspirations while balancing their busy lives. For more information, visit View source version on Contacts MEDIA CONTACT: Michele MitchumUniversity of Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Hamilton Spectator
15-05-2025
- Business
- Hamilton Spectator
John M. Hooks Decreases Ownership of PHX Energy Services Corp. Below 10%
CALGARY, Alberta, May 14, 2025 (GLOBE NEWSWIRE) — John M. Hooks (the 'Filer') announces that, on today's date, he has disposed of 269,900 common shares ('Common Shares') of PHX Energy Services Corp. ('PHX') (representing 0.6% of the outstanding Common Shares) by sale through the facilities of the Toronto Stock Exchange (the 'Disposition'). Immediately prior to the Disposition, Mr. Hooks owned or controlled an aggregate of 4,632,076 Common Shares. Mr. Hooks now owns or controls 4,362,176 Common Shares (representing a decrease in the Filer's ownership from approximately 10.2% to 9.6% of the issued and outstanding Common Shares). Mr. Hooks may increase or decrease his shareholdings in PHX in the future depending on market conditions and other circumstances. The aggregate value of the 269,900 Common Shares sold by Mr. Hooks pursuant to the Disposition was $2,164,598 (or an average price of $8.02 per Common Share) and the Disposition was completed for personal financial reasons. For additional information please see the Early Warning Report in relation to the Disposition which has been filed by Mr. Hooks on PHX's SEDAR+ profile at . A copy of the Early Warning Report may also be obtained by contacting: PHX Energy Services Corp. John Hooks Chairman and Executive Board Chair Phone: (403) 543-4466
Yahoo
15-05-2025
- Business
- Yahoo
John M. Hooks Decreases Ownership of PHX Energy Services Corp. Below 10%
CALGARY, Alberta, May 14, 2025 (GLOBE NEWSWIRE) -- John M. Hooks (the "Filer") announces that, on today's date, he has disposed of 269,900 common shares ("Common Shares") of PHX Energy Services Corp. ("PHX") (representing 0.6% of the outstanding Common Shares) by sale through the facilities of the Toronto Stock Exchange (the "Disposition"). Immediately prior to the Disposition, Mr. Hooks owned or controlled an aggregate of 4,632,076 Common Shares. Mr. Hooks now owns or controls 4,362,176 Common Shares (representing a decrease in the Filer's ownership from approximately 10.2% to 9.6% of the issued and outstanding Common Shares). Mr. Hooks may increase or decrease his shareholdings in PHX in the future depending on market conditions and other circumstances. The aggregate value of the 269,900 Common Shares sold by Mr. Hooks pursuant to the Disposition was $2,164,598 (or an average price of $8.02 per Common Share) and the Disposition was completed for personal financial reasons. For additional information please see the Early Warning Report in relation to the Disposition which has been filed by Mr. Hooks on PHX's SEDAR+ profile at . A copy of the Early Warning Report may also be obtained by contacting: PHX Energy Services Corp. John Hooks Chairman and Executive Board Chair Phone: (403) 543-4466
Business Wire
10-05-2025
- Business
- Business Wire
PHX MINERALS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of PHX Minerals Inc.
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ('KSF') are investigating the proposed sale of PHX Minerals Inc. (NYSE: PHX) to WhiteHawk Income Corporation. Under the terms of the proposed transaction, shareholders of PHX will receive $4.35 in cash for each share of PHX that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company. If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ( toll free at any time at 855-768-1857, or visit to learn more. Please note that the transaction is structured as a tender offer, such that time may be of the essence. To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit
