Brookfield Asset Management Files 6-K with Material Changes

TL;DR

Brookfield Asset Management filed a 6-K with material changes and an arrangement agreement, incorporated into prior filings.

AI Summary

Brookfield Asset Management Ltd. filed a Form 6-K on November 1, 2024, reporting a Material Change Report dated November 1, 2024, and an Arrangement Agreement. These documents are incorporated by reference into existing registration statements on Form S-8 and Form F-10.

Why It Matters

This filing indicates significant updates or changes within Brookfield Asset Management, which could impact investors' understanding of the company's current operations and strategic direction.

Risk Assessment

Risk Level: low — This is a routine filing for a foreign private issuer and does not appear to contain immediately concerning information.

Key Players & Entities

• Brookfield Asset Management Ltd. (company) — Registrant
• November 1, 2024 (date) — Date of Material Change Report and filing
• Form S-8 (document) — Registration statement incorporated by reference
• Form F-10 (document) — Registration statement incorporated by reference

FAQ

From the Filing

0001193125-24-249959.txt : 20241101 0001193125-24-249959.hdr.sgml : 20241101 20241101172828 ACCESSION NUMBER: 0001193125-24-249959 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20241101 FILED AS OF DATE: 20241101 DATE AS OF CHANGE: 20241101 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Brookfield Asset Management Ltd. CENTRAL INDEX KEY: 0001937926 STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282] ORGANIZATION NAME: 02 Finance IRS NUMBER: 000000000 STATE OF INCORPORATION: A1 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-41563 FILM NUMBER: 241420120 BUSINESS ADDRESS: STREET 1: BROOKFIELD PLACE STREET 2: 250 VESEY STREET, 15TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10281-0221 BUSINESS PHONE: 416-363-9491 MAIL ADDRESS: STREET 1: BROOKFIELD PLACE STREET 2: 250 VESEY STREET, 15TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10281-0221 6-K 1 d868474d6k.htm 6-K 6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of: November 2024 Commission File Number: 001-41563 BROOKFIELD ASSET MANAGEMENT LTD. (Name of Registrant) Brookfield Place 250 Vesey Street, 15th Floor New York, NY 10281-0221 (Address of Principal Executive Offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F ☐   Form 40-F ☒ Exhibits 99.1 and 99.2 of this Form 6-K shall be incorporated by reference into the registrant’s registration statements on Form S-8 filed on December 13, 2022 (File No. 333-268783) and on Form F-10 filed on May 22, 2024 (File No. 333-279599) with the Securities and Exchange Commission. EXHIBIT INDEX Exhibit Description of Exhibit 99.1 Material Change Report dated November 1, 2024 99.2 Arrangement Agreement between Brookfield Asset Management Ltd. and Brookfield Corporation dated October 31, 2024 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. BROOKFIELD ASSET MANAGEMENT LTD. Date: November 1, 2024 By: /s/ Kathy Sarpash Name: Kathy Sarpash Title: Managing Director, Legal & Regulatory EX-99.1 2 d868474dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 FORM 51-102F3 MATERIAL CHANGE REPORT Item 1 Name and Address of Company Brookfield Asset Management Ltd. (“ BAM ”) Brookfield Place 250 Vesey Street, 15 th Floor New York, New York 10281-0221 United States Item 2 Date of Material Change October 31, 2024 Item 3 News Release A joint news release with respect to the material change was disseminated by BAM and Brookfield Corporation (“ BN ”) on October 31, 2024 through the facilities of GlobeNewswire. A copy of the joint news release was subsequently filed on the System for Electronic Data Analysis and Retrieval + (“ SEDAR+ ”) under BAM’s profile at www.sedarplus.ca . Item 4 Summary of Material Change On October 31, 2024, BAM and BN entered into an agreement (the “ Arrangement Agreement ”) whereby BAM would own and reflect 100% of the asset management business (the “ Arrangement ”), and BN’s current 73% interest in the asset management business would be held indirectly through ownership of approximately 73% of the publicly traded shares of BAM. The creation of BAM in 2022 helped to simplify BAM’s story and BAM has significantly expanded its shareholder base since. The Arrangement will continue to broaden BAM’s shareholder base and simplify the structure of the Asset Management Company further by having its ownership consolidated under BAM, rather than being split between BN and BAM. The Arrangement will also result in BAM’s market capitalization reflecting 100% of the value