BBX Capital, Inc. Announces Final Results of Tender Offer

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--BBX Capital, Inc. (OTCID: BBXIA; BBXIB) (the “Company”) announced today the final results of its cash tender offer to purchase shares of its Class A Common Stock and Class B Common Stock at a purchase price of $4.00 per share. The tender offer expired at 5:00 P.M., Eastern time, on Wednesday, July 8, 2026.

Based on the final count by Equiniti Trust Company, LLC, the Depositary for the tender offer, a total of 920,756 shares, consisting of 911,863 shares of the Company’s Class A Common Stock and 8,893 shares of the Company’s Class B Common Stock, were properly tendered and not withdrawn. In accordance with the terms and conditions of the tender offer, the Company will purchase all 920,756 shares tendered for an aggregate price of approximately $3.7 million, excluding fees and expenses relating to the tender offer. The Depositary will promptly issue payment for the shares accepted for purchase.

The shares purchased in the tender offer will be canceled by the Company. After giving effect to the purchase and cancellation of the shares, BBX Capital will have 12,905,485 shares of Common Stock issued and outstanding, consisting of 9,060,184 shares of its Class A Common Stock and 3,845,301 shares of its Class B Common Stock.

Shareholders who have questions or would like additional information about the tender offer may contact the Information Agent for the tender offer, Lioness Consulting LLC, toll-free at 833-820-9863.

This press release contains forward-looking statements. Forward-looking statements are based on current expectations and information and involve a number of risks and uncertainties. Actual results, performance, or achievements could differ materially from those contemplated, expressed, or implied by the forward-looking statements. Risks and uncertainties include, but are not limited to, those relating to the tender offer described in this press release and risks relating to the price and liquidity of the Company’s Class A Common Stock and Class B Common Stock. Reference is also made to the risks and uncertainties detailed in the Company’s filings with the OTC, including the Company’s Annual Report for the year ended December 31, 2025 and Quarterly Report for the quarter ended March 31, 2026, each of which can be found at https://www.otcmarkets.com/stock/BBXIA/disclosure. The Company cautions that the foregoing factors are not exclusive. Readers should not place undue reliance on any forward-looking statement, which speaks only as of the date made.