Barnwell corrects Hawaii deal pre-closing distribution to $0.1 million from $770,000
Reuters2026/08/13 03:00Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- 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; correct amount is about USD 100,000 net to Barnwell.
- Definitive agreement terms unchanged: gross purchase price about USD 1.77 million; about USD 1.5 million expected net to Barnwell.
- 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 via ACCESS Newswire (Ref. ID: 202608122300ACCESSWRNAPR_____1206795) on August 13, 2026, and is solely responsible for the information contained therein.
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