Thu, Sep 26, 6:09 PM (85 days ago)
The 10-K/A Amendment No. 1 for CBL & Associates Properties, Inc. primarily updates Part II, Item 9 regarding management’s report on disclosure controls and procedures, correcting an omission about the effectiveness of these controls as of December 31, 2023. The Chief Executive Officer and Chief Financial Officer concluded that the company's disclosure controls were effective. The amendment also includes a new consent from Deloitte & Touche LLP and relevant certifications, but does not modify financial statements. As of June 30, 2023, the market value of shares held by non-affiliates was approximately $411.3 million, with 32.3 million shares outstanding by February 26, 2024. The company maintains effective internal control over financial reporting as audited by Deloitte, with no significant changes reported in internal controls during the fourth quarter of 2023. The amendment does not reflect subsequent events or updates to the original financial disclosures. Overall, the company’s financial position and market conditions remain stable, with no identified risk factors necessitating immediate concern.