secwatch.observer — SEC 8-K summary
======================================

Issuer:     Falcon's Beyond Global, Inc. (FBYD)
CIK:        0001937987
Form:       8-K
Filed at:   2023-10-12T23:59:59+00:00
Accession:  0001013762-23-003583
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 5.02, 1.01, 2.01, 3.02, 9.01, 3.03, 8.01, 5.01, 5.03, 5.05, 5.06, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Falcon's Beyond Global completes business combination with FAST II, begins trading on Nasdaq
--------------------------------------------------------------------------------

- Closes merger with FAST II; Pubco Class A, Series A Preferred, and warrants trade Oct 6 under FBYD, FBYDP, FBYDW.
- 6,772,844 FAST II shares redeemed for ~$72M ($10.63/sh) prior to closing; remaining shares converted under exchange ratio.
- Post-closing shares outstanding: 7,985,976 Class A, 127,596,617 Class B, 656,333 Series A Preferred, 8,440,667 warrants.
- Infinite Acquisitions provides $67.25M pre-close financing, commits additional $12.75M; $4.75M debt exchanged for 475,000 Series A Preferred.
- Board reconstituted: Sandy Beall and Ramin Arani continue as directors; former FAST II directors and officers resigned.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1937987/000101376223003583/0001013762-23-003583-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1937987/000101376223003583/ea186596-8k_falcons.htm
  HTML page:      https://secwatch.observer/filing/0001013762-23-003583

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer