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Barnwell Industries raised $2.4 million in a private deal on Dec. 3, 2025, selling shares and warrants to accredited investors.
Barnwell Industries (BRN) closed a private placement on December 3, 2025, raising about $2.4 million from accredited investors by issuing 2.2 million shares at $1.10 each and warrants for 1 million additional shares at $1.65.
The securities were sold under exemptions from registration and cannot be resold without registration or an exemption.
Proceeds will support operations, strengthen the balance sheet, and fund strategic initiatives.
The company emphasized enhanced financial flexibility and cautioned that forward-looking statements involve risks.
Details are in its SEC Form 8-K.
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Barnwell Industries recaudó $2.4 millones en un acuerdo privado el 3 de diciembre de 2025, vendiendo acciones y warrants a inversores acreditados.