Barnwell industries shareholders reject ned sherwood's attempt to take full control of the company

Announces preliminary results of consent solicitation honolulu , may 14, 2025 /prnewswire/ -- barnwell industries, inc. (nyse american: brn) ("barnwell" or the "company") today announced that, based on preliminary results from the company's proxy solicitor, barnwell shareholders have rejected the attempt by ned sherwood and certain of his affiliates (the "sherwood group") to remove and replace the entire barnwell board of directors. while preliminary results indicate that shareholders consented to remove directors alexander kinzler and former sherwood group nominee douglas woodrum, and to elect sherwood group nominee heather isidoro, the sherwood group failed to elect a majority of the board.
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