# EDGAR Filing Document

**Accession Number:** 0000910612
**File Stem:** 0001104659-23-009309
**Filing Date:** 2023-2
**Character Count:** 18226
**Document Hash:** c6647c53e8b2240258713b8ad42e3480
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-009309.hdr.sgml**: 20230201

**ACCESSION NUMBER**: 0001104659-23-009309

**CONFORMED SUBMISSION TYPE**: SC 13G/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230201

**DATE AS OF CHANGE**: 20230201

**GROUP MEMBERS**: LITTLEJOHN OPPORTUNITIES MASTER FUND LP

**GROUP MEMBERS**: OFM II, L.P.

**GROUP MEMBERS**: VSS FUND, LP

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CBL & ASSOCIATES PROPERTIES INC
- **CENTRAL INDEX KEY:** 0000910612
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE INVESTMENT TRUSTS [6798]
- **IRS NUMBER:** 621545718
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-43723
- **FILM NUMBER:** 23577440

**BUSINESS ADDRESS:**
- **STREET 1:** 2030 HAMILTON PLACE BVLD, SUITE 500
- **STREET 2:** CBL CENTER
- **CITY:** CHATTANOOGA
- **STATE:** TN
- **ZIP:** 37421
- **BUSINESS PHONE:** 4238550001

**MAIL ADDRESS:**
- **STREET 1:** 2030 HAMILTON PLACE BVLD, SUITE 500
- **STREET 2:** CBL CENTER
- **CITY:** CHATTANOOGA
- **STATE:** TN
- **ZIP:** 37421
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Cetus Capital VI, L.P.
- **CENTRAL INDEX KEY:** 0001837548
- **IRS NUMBER:** 825083133
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A

**BUSINESS ADDRESS:**
- **STREET 1:** 8 SOUND SHORE DRIVE, SUITE 303
- **CITY:** GREENWICH
- **STATE:** CT
- **ZIP:** 06830
- **BUSINESS PHONE:** 203-552-3500

**MAIL ADDRESS:**
- **STREET 1:** 8 SOUND SHORE DRIVE, SUITE 303
- **CITY:** GREENWICH
- **STATE:** CT
- **ZIP:** 06830

**UNITED STATES<br> SECURITIES AND EXCHANGE COMMISSION**<br> Washington, D.C. 20549**

**SCHEDULE 13G**

**Under the Securities Exchange Act of 1934**

**(Amendment No. 2)\***

CBL & Associates Properties, Inc.

**(Name of Issuer)**

Common Stock, $0.001 par value per share

**(Title of Class of Securities)**

124830878

**(CUSIP Number)**

Cetus Capital VI, L.P.

Littlejohn Opportunities Master Fund LP

OFM II, L.P.

VSS Fund, LP

8 Sound Shore Drive

Suite 303<br> Greenwich, CT 06830<br> (203) 552-3500

*Copy to:*

Shon Glusky, Esq.

Jason Schendel, Esq.

Sheppard Mullin Richter & Hampton LLP

30 Rockefeller Plaza

New York, NY 10112

(212) 634-3000

 **(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)**

December 31, 2022

**(Date of Event which Requires Filing of this Statement)**

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

◻ Rule 13d-1(b) <br> ⌧ Rule 13d-1(c) <br> ◻ Rule 13d-1(d)

\*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

---

| | |
|:---|:---|
| &nbsp;&nbsp;**CUSIP No. 124830878** | &nbsp;&nbsp;**Page 2 of 11** |

---

1. Name
 of Reporting Person: Cetus Capital VI, L.P.

2. Check
 the Appropriate Box if a Member of a Group (a) ◻ <br>
 (b) ⌧

3. SEC
 Use Only

4. Citizenship
 or Place of Organization: Delaware

---

| | | |
|:---|:---|:---|
| **NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON WITH** | 5. | Sole Voting Power: 860,800 |
| **NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON WITH** | 6. | Shared Voting Power: 0 |
| **NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON WITH** | 7. | Sole Dispositive Power: 860,800 |
| **NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON WITH** | 8. | Shared Dispositive Power: 0 |

---

9. Aggregate
 Amount Beneficially Owned by Each Reporting Person: 860,800

10. Check
 Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ◻

11. Percent
 of Class Represented by Amount in Row (9): 2.70%<sup>(1)</sup>

12. Type
 of Reporting Person (See Instructions): PN

(1) Based on 31,834,178 shares of the Issuer's common stock outstanding as of November 8, 2022, as reported in the Quarterly Report on Form 10-Q filed by the Issuer on November 14, 2022.

---

| | |
|:---|:---|
| &nbsp;&nbsp;**CUSIP No. 124830878** | &nbsp;&nbsp;**Page 3 of 11** |

---

1. Name
 of Reporting Person: Littlejohn Opportunities Master Fund LP

2. Check
 the Appropriate Box if a Member of a Group (a) ◻ <br>
 (b) ⌧

3. SEC
 Use Only

4. Citizenship
 or Place of Organization: Cayman Islands

---

| | | |
|:---|:---|:---|
| **NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON WITH** | 5. | Sole Voting Power: 132,042 |
| **NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON WITH** | 6. | Shared Voting Power: 0 |
| **NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON WITH** | 7. | Sole Dispositive Power: 132,042 |
| **NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON WITH** | 8. | Shared Dispositive Power: 0 |

---

9. Aggregate
 Amount Beneficially Owned by Each Reporting Person: 132,042

10. Check
 Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ◻

11. Percent
 of Class Represented by Amount in Row (9): 0.41%<sup>(1)</sup>

12. Type
 of Reporting Person (See Instructions): PN

(1) Based on 31,834,178 shares of the Issuer's common stock outstanding as of November 8, 2022, as reported in the Quarterly Report on Form 10-Q filed by the Issuer on November 14, 2022.

---

| | |
|:---|:---|
| &nbsp;&nbsp;**CUSIP No. 124830878** | &nbsp;&nbsp;**Page 4 of 11** |

---

1. Name
 of Reporting Person: OFM II, L.P.

2. Check
 the Appropriate Box if a Member of a Group (a) ◻ <br>
 (b) ⌧

3. SEC
 Use Only

4. Citizenship
 or Place of Organization: Delaware

---

| | | |
|:---|:---|:---|
| **NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON WITH** | 5. | Sole Voting Power: 1,028,880 |
| **NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON WITH** | 6. | Shared Voting Power: 0 |
| **NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON WITH** | 7. | Sole Dispositive Power: 1,028,880 |
| **NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON WITH** | 8. | Shared Dispositive Power: 0 |

---

9. Aggregate
 Amount Beneficially Owned by Each Reporting Person: 1,028,880

10. Check
 Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ◻

11. Percent
 of Class Represented by Amount in Row (9): 3.23%<sup>(1)</sup>

12. Type
 of Reporting Person (See Instructions): PN

(1) Based on 31,834,178 shares of the Issuer's common stock outstanding as of November 8, 2022, as reported in the Quarterly Report on Form 10-Q filed by the Issuer on November 14, 2022.

---

| | |
|:---|:---|
| &nbsp;&nbsp;**CUSIP No. 124830878** | &nbsp;&nbsp;**Page 5 of 11** |

---

1. Name
 of Reporting Person: VSS Fund, LP

2. Check
 the Appropriate Box if a Member of a Group (a) ◻ <br>
 (b) ⌧

3. SEC
 Use Only

4. Citizenship
 or Place of Organization: Delaware

---

| | | |
|:---|:---|:---|
| **NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON WITH** | 5. | Sole Voting Power: 24,190 |
| **NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON WITH** | 6. | Shared Voting Power: 0 |
| **NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON WITH** | 7. | Sole Dispositive Power: 24,190 |
| **NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON WITH** | 8. | Shared Dispositive Power: 0 |

---

9. Aggregate
 Amount Beneficially Owned by Each Reporting Person: 24,190

10. Check
 Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ◻

11. Percent
 of Class Represented by Amount in Row (9): 0.08%<sup>(1)</sup>

12. Type
 of Reporting Person (See Instructions): PN

(1) Based on 31,834,178 shares of the Issuer's common stock outstanding as of November 8, 2022, as reported in the Quarterly Report on Form 10-Q filed by the Issuer on November 14, 2022.

---

| | |
|:---|:---|
| &nbsp;&nbsp;**CUSIP No. 124830878** | &nbsp;&nbsp;**Page 6 of 11** |

---

---

| | |
|:---|:---|
| **Item 1(a).** | **Name of Issuer**: |

---

CBL & Associates Properties, Inc. (the "<u>Issuer</u>")

---

| | |
|:---|:---|
| **Item 1(b).** | **Address of Issuer's Principal Executive Offices:** |

---

2030 Hamilton Place Blvd., Suite 500

Chattanooga, TN 37421-6000

---

| | |
|:---|:---|
| **Item 2(a).** | **Name of Person(s) Filing:** |

---

This statement is filed by the entities listed below, all of whom together are referred to herein as the "<u>Reporting Persons</u>".

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Cetus Capital VI, L.P., a Delaware limited partnership, whose general partner is Littlejohn Associates VI, L.P., a Delaware limited partnership.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Littlejohn Opportunities Master Fund LP, a Cayman Islands limited partnership, whose general partner is Littlejohn Opportunities GP LLC, a Delaware limited liability company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) OFM II, L.P., a Delaware limited partnership, whose general partner is Littlejohn Opportunities GP II, LLC, a Delaware limited liability company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) VSS Fund, L.P., a Delaware limited partnership, whose general partner is Littlejohn Opportunities GP LLC, a Delaware limited liability company.

---

| | |
|:---|:---|
| **Item 2(b).** | **Address of Principal Business Office or, if none, Residence:** |

---

The address of the principal business office of each of the Reporting Persons is 8 Sound Shore Drive, Suite 303, Greenwich, CT 06830.

---

| | |
|:---|:---|
| **Item 2(c).** | **Citizenship:** |

---

See Item 4 of each cover page.

---

| | |
|:---|:---|
| **Item 2(d).** | **Title of Class of Securities:** |

---

See the cover page of this filing.

---

| | |
|:---|:---|
| **Item 2(e).** | **CUSIP Number:** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124830878. **Item 3.** **If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:**

Not applicable.

---

| | |
|:---|:---|
| &nbsp;&nbsp;**CUSIP No. 124830878** | &nbsp;&nbsp;**Page 7 of 11** |

---

**Item 4.** **Ownership.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Amount
 beneficially owned:

See Item 9 of each cover page.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Percent
 of class:

See Item 11 of each cover page.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Number
 of shares as to which the person has:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Sole power to vote or
 to direct the vote:

See Item 5 of each cover page.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Shared power to vote
 or to direct the vote:

See Item 6 of each cover page.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Sole power to dispose
 or to direct the disposition of:

See Item 7 of each cover page.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) Shared power to dispose
 or to direct the disposition of:

See Item 8 of each cover page.

**Item 5.** **Ownership of Five Percent or Less of a Class.**

If the statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ◻.

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

Not applicable.

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

Not applicable.

Item 8. Identification and Classification of Members of the Group.

Not applicable.

Item 9. Notice of Dissolution of Group.

Not applicable.

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|:---|:---|
| &nbsp;&nbsp;**CUSIP No. 124830878** | &nbsp;&nbsp;**Page 8 of 11** |

---

Item 10. Certification.

By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

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|:---|:---|
| &nbsp;&nbsp;**CUSIP No. 124830878** | &nbsp;&nbsp;**Page 9 of 11** |

---

SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

---

| | | |
|:---|:---|:---|
| Dated: February 1, 2023 | Cetus Capital VI, L.P. | Cetus Capital VI, L.P. |
|  | By: Littlejohn Associates VI, L.P., its general partner | By: Littlejohn Associates VI, L.P., its general partner |
|  | Name: | /s/ Robert E. Davis |
|  | By: | Robert E. Davis, Manager |
| Dated: February 1, 2023 | Littlejohn Opportunities Master Fund LP | Littlejohn Opportunities Master Fund LP |
|  | By: Littlejohn Opportunities GP LLC, its general partner | By: Littlejohn Opportunities GP LLC, its general partner |
|  | Name: | /s/ Robert E. Davis |
|  | By: | Robert E. Davis, authorized signatory |
| Dated: February 1, 2023 | OFM II, LP | OFM II, LP |
|  | By: Littlejohn Opportunities GP II, LLC, its general partner | By: Littlejohn Opportunities GP II, LLC, its general partner |
|  | Name: | /s/ Robert E. Davis |
|  | By: | Robert E. Davis, authorized signatory |
| Dated: February 1, 2023 | VSS Fund, L.P. | VSS Fund, L.P. |
|  | By: Littlejohn Opportunities GP LLC, its general partner | By: Littlejohn Opportunities GP LLC, its general partner |
|  | Name: | /s/ Robert E. Davis |
|  | By: | Robert E. Davis, authorized signatory |

---

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|:---|:---|
| &nbsp;&nbsp;**CUSIP No. 124830878** | &nbsp;&nbsp;**Page 10 of 11** |

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<u>EXHIBIT INDEX</u>

<u>Exhibit</u>

Exhibit A: Joint Filing Agreement.

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| | |
|:---|:---|
| &nbsp;&nbsp;**CUSIP No. 124830878** | &nbsp;&nbsp;**Page 11 of 11** |

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EXHIBIT A

**JOINT FILING AGREEMENT**

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing on behalf of each of them of a Statement on Schedule 13G (including any and all amendments thereto) with respect to the Common Stock, $0.001 par value per share, of CBL & Associates Properties, Inc., and further agree that this Joint Filing Agreement shall be included as an Exhibit to such joint filings. The undersigned further agree that each party hereto is responsible for the timely filing of such Statement on Schedule 13G and any amendments thereto, and for the accuracy and completeness of the information concerning such party contained therein; provided, however, that no party is responsible for the accuracy or completeness of the information concerning any other party, unless such party knows or has reason to believe that such information is inaccurate. This Joint Filing Agreement may be signed in counterparts with the same effect as if the signature on each counterpart were upon the same instrument.

IN WITNESS WHEREOF, the undersigned have executed this Agreement as of February 1, 2023.

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| | | |
|:---|:---|:---|
| Dated: February 1, 2023 | Cetus Capital VI, L.P. | Cetus Capital VI, L.P. |
|  | By: Littlejohn Associates VI, L.P., its general partner | By: Littlejohn Associates VI, L.P., its general partner |
|  | Name: | /s/ Robert E. Davis |
|  | By: | Robert E. Davis, Manager |
| Dated: February 1, 2023 | Littlejohn Opportunities Master Fund LP | Littlejohn Opportunities Master Fund LP |
|  | By: Littlejohn Opportunities GP LLC, its general partner | By: Littlejohn Opportunities GP LLC, its general partner |
|  | Name: | /s/ Robert E. Davis |
|  | By: | Robert E. Davis, authorized signatory |
| Dated: February 1, 2023 | OFM II, LP | OFM II, LP |
|  | By: Littlejohn Opportunities GP II, LLC, its general partner | By: Littlejohn Opportunities GP II, LLC, its general partner |
|  | Name: | /s/ Robert E. Davis |
|  | By: | Robert E. Davis, authorized signatory |
| Dated: February 1, 2023 | VSS Fund, L.P. | VSS Fund, L.P. |
|  | By: Littlejohn Opportunities GP LLC, its general partner | By: Littlejohn Opportunities GP LLC, its general partner |
|  | Name: | /s/ Robert E. Davis |
|  | By: | Robert E. Davis, authorized signatory |

---