ALICO, INC. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by ALICO, INC. (a Florida corporation) on May 30, 2006, reporting an event that occurred on May 18, 2006. The filing addresses a change in beneficial ownership structure involving the company's controlling shareholders.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to corporate governance and ownership disclosures.
Material Changes
The primary material change reported is the amendment of a Schedule 13D by Atlantic Blue Trust, Inc. ("ABT") and Alico Holding LLC ("Holding"). The amendment reflects that the Reporting Persons beneficially own an aggregate of 3,725,457 shares of ALICO, INC. common stock. This stake represents approximately 50.6% of the outstanding shares. All shares are directly owned by Holding, which has been a control person since March 2004.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The document serves solely to disclose the updated ownership percentage of the controlling entity.
Investor Verification Checklist
- Verify the total number of outstanding shares of ALICO, INC. common stock to confirm the 50.6% ownership calculation.
- Review the original Schedule 13D filed on March 2, 2004, to compare historical ownership levels.
- Confirm the corporate relationship between Atlantic Blue Trust, Inc. and Alico Holding LLC.
- Check for any subsequent filings regarding changes in the 50.6% control stake.