Barnwell corrects Hawaii deal pre-closing distribution to $0.1 million from $770,000 - BRN News | RalliesBarnwell corrects Hawaii deal pre-closing distribution to $0.1 million from $770,000
B
BRN• Correction to Hawaii transaction amounts
- Barnwell Industries corrected an Aug. 11 earnings release misstatement on its Hawaii transaction.
- Pre-closing distribution should be about USD 0.1 million net to Barnwell, not USD 770,000.
- Gross purchase price remains about USD 1.77 million, with about USD 1.5 million expected net to Barnwell.
- The clarification does not affect the quarterly Form 10-Q for the quarter ended June 30, 2026.
•