---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-000447"
form_type: "8-K"
ticker: "BRN"
cik: "0000010048"
company_name: "BARNWELL INDUSTRIES INC"
filed_at: "2024-01-03T23:59:59+00:00"
generated_at: "2026-06-07T04:27:18.181816+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Barnwell Industries' sale of Water Resources International terminated by buyer West Maui Construction

## Summary
- West Maui Construction terminated the Stock Purchase Agreement on Dec 27, 2023, exercising its sole-discretion due diligence right.
- The agreement had been entered on Dec 12, 2023, for the sale of all shares of Water Resources International, Inc.
- Termination leaves Barnwell without the expected proceeds from the divestiture.

## SEC filing metadata
- accession: 0001140361-24-000447
- form_type: 8-K
- ticker: BRN
- cik: 0000010048
- company_name: BARNWELL INDUSTRIES INC
- filed_at: 2024-01-03T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/10048/000114036124000447/0001140361-24-000447-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/10048/000114036124000447/ef20017965_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-000447
- JSON: https://secwatch.observer/filing/0001140361-24-000447.json
- Plain text: https://secwatch.observer/filing/0001140361-24-000447.txt

## Key facts
- Material Agreements
  BARNWELL INDUSTRIES INC terminated Stock Purchase Agreement with West Maui Construction Inc. (effective 2023-12-27).
  - Action: termination
  - Agreement: asset purchase
  - Counterparty: West Maui Construction Inc.
  - Effective: 2023-12-27
  source text: On December 27, 2023, the law firm representing West Maui sent, on behalf of West Maui, a notice that West Maui had terminated the Purchase Agreement
  evidence_url: https://www.sec.gov/Archives/edgar/data/10048/000114036124000447/0001140361-24-000447-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.