AlTi Global Inc-A 2024年度报告

FORM 10-K_________________________ xANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024¨TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THESECURITIES EXCHANGE ACT OF 1934 For the transition period fromto Commission File Number: 001-40103_________________________ AlTi Global, Inc. 92-1552220 Delaware (State or other jurisdiction ofincorporation or organization) 22 Vanderbilt Avenue, 27thFloorNew York, New York 10017(Address of principal executive offices)(Zip Code) (212) 396-5900(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Exchange Act: Securities registered pursuant to section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of theSecurities Act.Yes o No x Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section15(d) of the Act.Yes o No x Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter periodthat the registrant was required to file such reports); and (2) has been subject to such filing requirementsfor the past 90 days. Yes x No o Indicate by check mark whether the registrant has submitted electronically and posted on its corporateweb site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 ofRegulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period thatthe registrant was required to submit and post such files).Yes x No o1 Table of Contents Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of“large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company”in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use theextended transition period for complying with any new or revised financial accounting standards providedpursuant to Section 13(a) of the Exchange Act.o Indicate by check mark whether the registrant has filed a report on and attestation to its management’sassessment of the effectiveness of its internal control over financial reporting under Section 404(b) of theSarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issuedits audit report.o If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether thefinancial statements of the registrant included in the filing reflect the correction of an error to previouslyissued financial statements.x Indicate by check mark whether any of those error corrections are restatements that required a recoveryanalysis of incentive-based compensation received by any of the registrant’s executive officers during therelevant recovery period pursuant to §240.10D-1(b).o Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).Yes o No x The aggregate market value of common stock held by non-affiliates of the registrant on June 30, 2024,based on the closing price of $5.21 for shares of the registrant’s Class A Common Stock (as definedherein) as reported by the Nasdaq Capital Market, was approximately $453.7 million shares beneficiallyowned by each executive officer, director, and holder of more than 10% of shares have been excluded inthat such persons may be deemed to be affiliates. This determination of affiliate status is not necessarilya conclusive determination for other purposes. The registrant had outstanding 96,100,040 shares of Class A Common Stock and 46,138,876 shares ofClass B Common Stock (as defined herein) as of March 14, 2025. DOCUMENTS INCORPORATED BY REFERENCE Portions of the registrant’s Definitive Proxy Statement relating to the Annual Meeting of Stockholders areincorporated by reference into Part III of this Annual Report on Form 10-K where indicated. SuchDefinitive Proxy Statement will be filed with the Securities and Exchange Commission within 120 daysafter the end of the registrant’s fiscal year ended December 31, 2024. TABLE OF CONTENTS Item 1.Business10Item 1a.Risk Factors24Item 1b.Unresolved Staff Comments64Item 1c.Cybersecurity65Item 2.Properties65Item 3.Legal Proceedings65Item 4.Mine Safety Disclosures66 PART II Item 5.Market For Registrant’s Common Equity, Related Stockholder Matters AndIssuer Purchases Of Equity Securities67Item 6.[Reserved]67Item 7.Management’s Discussion And Analysis Of Financial Condition And ResultsOf Operations68Item 7a.Quantitative And Qualitative Disclosures About Market Risk92Item 8.Financial Statements And