BBX Capital to commence cash tender offer for up to 1M shares at $10.00/share, 33.5% premium

BBX Capital, Inc.

Tender offer for up to 1,000,000 shares of Class A Common Stock at $10.00/share.
Price represents a 33.5% premium over $7.49 closing price on Nov 18, 2022.
Total purchase price up to $10.0 million; pro rata if oversubscribed.
Tender offer expected to commence within 5 business days, open at least 20 business days.
Company making no recommendation; shareholders to decide.

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