BBX CAPITAL, INC. : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K)
May 10, 2023 at 04:13 pm
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Item 2.02. Results of Operations and Financial Condition
On May 10, 2023, BBX Capital, Inc. (the "Company") issued a press release that
included its financial results for the three months ended March 31, 2023, a copy
of which is attached hereto as Exhibit 99.1. The information in this report
(including Exhibit 99.1) is being furnished pursuant to Items 2.02 and 9.01 and
shall not be deemed to be "filed" for purposes of Section 18 of the Securities
Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the
liabilities of that section, nor shall it be deemed to be incorporated by
reference in any filing under the Securities Act of 1933 or the Exchange Act.
This report shall not be deemed an admission as to the materiality of any
information in the press release furnished herewith.
BBX Capital, Inc. is a diversified holding company. The Company's principal holdings include BBX Capital Real Estate LLC, BBX Sweet Holdings, LLC and Renin Holdings, LLC (Renin). BBX Capital Real Estate LLC is engaged in the acquisition, development, construction, ownership, financing and management of real estate and investments in real estate joint ventures, including investments in multifamily rental apartment communities, single-family master-planned for sale housing communities, warehouse and logistics facilities, and commercial properties located primarily in Florida. BBX Sweet Holdings, LLC is engaged in the ownership and management of operating businesses in the confectionery industry, including ITâSUGAR, a specialty candy retailer. Renin is engaged in the designing, manufacturing and distribution of sliding doors, door systems and hardware, and home decor products. In addition to its own manufacturing activities, Renin also sources various products and raw materials.