Barnwell corrects Hawaii deal pre-closing distribution to $0.1 million from $770,000
BRN•Correction to Hawaii transaction disclosure
Barnwell Industries corrected an error in its Aug. 11 earnings release on a previously announced Hawaii transaction.
- Pre-closing distribution was misstated as USD 770,000; the correct amount is about USD 100,000 net to Barnwell.
- The definitive agreement terms are unchanged: gross purchase price is 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.
