secwatch.observer — SEC 8-K summary
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Issuer:     BARNWELL INDUSTRIES INC (BRN)
CIK:        0000010048
Form:       8-K
Filed at:   2024-01-03T23:59:59+00:00
Accession:  0001140361-24-000447
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 1.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/10048/000114036124000447/0001140361-24-000447-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/10048/000114036124000447/ef20017965_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-000447

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