Barnwell Industries, Inc. Announces $2.4 Million Private Placement Led by Bradley Radoff

Core Insights - Barnwell Industries, Inc. has announced a private placement (PIPE) for approximately 2.2 million shares of common stock at a price of $1.10 per share, aiming for gross proceeds of about $2.4 million [1] Group 1 - The PIPE transaction includes participation from lead investor Bradley Radoff and other accredited investors, including certain members of the Company's Board of Directors [1]