secwatch.observer — SEC 8-K summary
======================================

Issuer:     Brookfield Asset Management Ltd. (BAM)
CIK:        0001937926
Form:       8-K/A
Filed at:   2025-04-04T23:59:59+00:00
Accession:  0001937926-25-000014
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 9.01, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

BAM ULC audited financials show net income $2.17B in 2024; KPMG valuation $80.1B
--------------------------------------------------------------------------------

- Net income attributable to common stockholders of $2,168M in 2024 vs $1,839M in 2023 (+18%).
- Total revenues $3,980M in 2024 vs $4,062M in 2023; base management fees rose 7% to $2,957M.
- Total assets $14.2B as of Dec 31, 2024; common equity $8.75B.
- KPMG formal valuation (Oct 2024): BAM ULC common shares midpoint $80.1B ($48.98/share); BAM Class A shares midpoint $21.2B ($49.01/share).
- Arrangement completed Feb 4, 2025: BAM acquired 73% of BAM ULC in reverse acquisition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1937926/000193792625000014/0001937926-25-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1937926/000193792625000014/bam-20250204.htm
  HTML page:      https://secwatch.observer/filing/0001937926-25-000014

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer