WhiteHawk Income Corp. (WHK) has completed an 'Internalization' transaction where its operating partnership, WhiteHawk OpCo, acquired all equity interests in ManagementCo from WhiteHawk Minerals LLC. This makes the company internally managed. The transaction involved the issuance of 3,750,000 common units and 3,750,000 Class B shares, with potential for an additional earnout based on EBITDA targets. Several related agreements, including a Contribution Agreement, Amended and Restated Limited Partnership Agreement, and Registration Rights Agreement, were executed. Additionally, the company amended its revolving credit facility and updated the issuer under its note purchase agreement.