AlTi Global Inc. filed SEC Form 8-K: Costs Associated with Exit or Disposal Activities, Material Impairments, Financial Statements and Exhibits
$ALTI
Investment Managers
Finance
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): July 10, 2025
(Exact name of registrant as specified in its charter)
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(State or other jurisdiction of incorporation)
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(Commission File Number)
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(I.R.S. Employer Identification No.)
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(Address of principal executive offices)
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(Zip Code)
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(212 ) 396-5900
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
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Name of each exchange
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this
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Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any
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| Item 2.05. |
Costs Associated with Exit or Disposal Activities.
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On July 10, 2025, the Board of Directors (the “Board”) of AlTi Global, Inc. (the “Company”) approved a plan to conduct an orderly wind‑down of its
non‑core International Real Estate (“IRE”) business. The decision follows a comprehensive strategic review undertaken to evaluate all viable alternatives for the IRE business.
The Company anticipates that the wind-down will commence on or about July 11, 2025 and is expected to be substantially complete by December 2027.
At this time, the Company is unable in good faith to determine an estimate or range of estimates for each major cost and impairment charges that
it expects to incur in connection with the wind‑down. The Company will file an amendment to this Current Report on Form 8‑K within four business days after it determines such estimates or ranges of estimates.
| Item 2.06. |
Material Impairment.
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The information set forth in Item 2.05 is incorporated by reference herein.
Forward‑Looking Statements
This Current Report on Form 8-K includes “forward-looking statements” within the
meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements regarding the Company’s plans to wind down the IRE
business, the expected impacts and timing of such actions. These forward-looking
statements are not guarantees of future performance and are subject to a number of risks and uncertainties, many of which are difficult to predict and beyond the Company’s control. The Company’s actual results may differ from its expectations,
estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,”
“will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements. Important assumptions and other
important factors that could cause actual results to differ materially from those forward-looking statements include, but are not limited to, those factors, risks and uncertainties described above and in more detail under the heading “Risk
Factors” in the Company’s Annual Report on Form 10-K, filed with the SEC on March 17, 2025.
The Company cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company
does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any
such statement is based, except as required by applicable law.
| Item 9.01 |
Financial Statements and Exhibits.
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| (d) |
Exhibits
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Exhibit No.
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Description
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104
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Cover Page Interactive Data File (embedded within the Inline XBRL Document)
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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 hereunto duly authorized.
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Date: July 11, 2025
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ALTI GLOBAL, INC.
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/s/ Michael Tiedemann
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Name: Michael Tiedemann
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Title: Chief Executive Officer
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