Filing Signals

Source: SEC EDGAR Compiled 2026-09-14 08:28 UTC All 21 checks passing

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Brookfield Asset Management Ltd.

CIK 1937926 BAM·Finance, Insurance And Real Estate · All EDGAR filings ↗

Progression

  1. Going concern 10-K
  2. SEC comment letter CORRESP +142d
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Form
An amendment is grouped with the report it amends; every 12b-25 notice is one group

SEC comment letter Filing comparison

Brookfield Asset Management Ltd. responded to SEC staff comments on fair value

Letter dated 2025-09-23; published on EDGAR 2026-07-22 — the SEC releases comment letters only after the review closes.

We note your disclosure that special tracking preferred shares of certain subsidiaries of the Company provide BN with a redemption right to receive a preferred amount equal to the fair value of carried interest entitlement. Please tell us in detail and revise future filings to clarify how the carried interest entitlement is determined. For example, clarify if it is based on the carried interest assuming the contract…
Evidence
Direction
company to staff
Letter dated
2025-09-23
Published on edgar
2026-07-22
Reviewing
Brookfield Asset Management Ltd. Form 10-K for the Fiscal Year Ended December 31, 2024 Form 10-Q for the Fiscal Quarter Ended June 30, 2025 File No. 001-41563 D
Source
Company response to SEC staff (CORRESP)
Topics
Fair value, Revenue recognition, MD&A
Why
SEC staff reviewed the company's periodic report and raised written comments on its accounting, or the company replied to them. Letters are published on EDGAR only after the review closes.

Source filing ↗

SEC comment letter Filing comparison

SEC staff questioned Brookfield Asset Management Ltd.'s accounting for fair value

Letter dated 2025-09-09; published on EDGAR 2026-07-22 — the SEC releases comment letters only after the review closes.

We note your disclosure that special tracking preferred shares of certain subsidiaries of the Company provide BN with a redemption right to receive a preferred amount equal to the fair value of carried interest entitlement. Please tell us in detail and revise future filings to clarify how the carried interest entitlement is determined. For example, clarify if it is based on the carried interest assuming the contract…
Evidence
Direction
staff to company
Letter dated
2025-09-09
Published on edgar
2026-07-22
Reviewing
Brookfield Asset Management Ltd. Form 10-K for Fiscal Year Ended December 31, 2024 Form 10-Q for Fiscal Quater Ended June 30, 2025 File No. 001-41563 Dear Hadle
Source
SEC staff comment letter (UPLOAD)
Topics
Fair value, Revenue recognition, MD&A
Why
SEC staff reviewed the company's periodic report and raised written comments on its accounting, or the company replied to them. Letters are published on EDGAR only after the review closes.

Source filing ↗

Material weakness high Filing comparison

Brookfield Asset Management Ltd. reported a material weakness in internal control

Internal control reported effective → Material weakness in internal control

The total assets, net assets, total revenues and net income subject to our asset management business’ internal control over financial reporting of the consolidated financial statement amounts as of and for the year ended December 31, 2025 are disclosed in “Part II—Item 9A. Controls and Procedures” in this report. If BAM or our auditors were to conclude that our internal control over financial reporting were not effective in respect of any reporting period, investors could lose confidence in our reported financial…
Evidence
Current state
material_weakness
Current state label
Material weakness in internal control
Direction
newly reported
Prior filed
2025-03-17
Prior form
10-K
Prior state
effective
Prior state label
Internal control reported effective
Remediation stated
No
Severity
high
Source
Item 9A internal control conclusion, compared with the prior filing
Why
The company's conclusion on internal control over financial reporting changed: a material weakness was newly reported, or a previously reported one no longer appears.

Source filing ↗ Prior filing ↗

Going concern Filing comparison

Brookfield Asset Management Ltd. no longer discloses a going-concern conclusion

Substantial doubt about ability to continue as a going concern → No going-concern disclosure

Evidence
Blank check
No
Comparable
Yes
Current state
none
Current state label
No going-concern disclosure
Direction
eased
Prior filed
2025-03-17
Prior form
10-K
Prior state
substantial_doubt
Prior state label
Substantial doubt about ability to continue as a going concern
Source
ASC 205-40 going-concern note comparison
Why
Disclosure about the company's ability to continue as a going concern changed compared with its previous report.

Source filing ↗ Prior filing ↗