Barnwell corrects Hawaii deal pre-closing distribution to $0.1 million from $770,000

Reuters2026/08/13 03:02

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Barnwell Industries Inc. published the original content used to generate this news brief on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Barnwell corrects Hawaii deal pre-closing distribution to $0.1 million from $770,000

You may also like

Crypto prices