secwatch.observer — SEC 8-K summary
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Issuer:     FAST Acquisition Corp. II (—)
CIK:        0001839824
Form:       8-K
Filed at:   2023-03-10T23:59:59+00:00
Accession:  0001213900-23-019269
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.03, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FAST Acquisition Corp. II extends business combination deadline to June 18, 2023; 15M shares redeemed
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- Extension from March 18 to June 18, 2023; board may extend in monthly increments up to 4 additional times.
- 15,098,178 shares redeemed at ~$10.1498 per share, aggregate ~$153.24 million.
- After redemptions and $750K deposit, 7,135,509 shares outstanding; trust account ~$73.17 million.
- Business combination with Falcon's Beyond Global LLC expected to close in 2023, subject to approvals.
- Amendments also include founder share conversion rights and removal of $5,000,001 net tangible asset limitation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1839824/000121390023019269/0001213900-23-019269-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1839824/000121390023019269/ea175028-8k425_fastacq2.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-019269

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