secwatch.observer — SEC 8-K summary
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Issuer:     BBX Capital, Inc. (BBXIB)
CIK:        0001814974
Form:       8-K
Filed at:   2022-05-27T23:59:59+00:00
Accession:  0001814974-22-000064
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

BBX Capital JV agrees to sell Altis Little Havana; expects net cash distribution of ~$9.5M
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- Altis Little Havana JV entered sale agreement; buyer made $5M non-refundable deposit on May 25, 2022.
- Closing expected in June 2022; BBXRE anticipates net cash distribution of approx. $9.5 million.
- Carrying amount of BBXRE's investment in JV was approx. $1.1M as of March 31, 2022.
- Sale subject to customary closing conditions; no assurance of completion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1814974/000181497422000064/0001814974-22-000064-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1814974/000181497422000064/c974-20220525x8k.htm
  HTML page:      https://secwatch.observer/filing/0001814974-22-000064

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