Falcon's Beyond automatically converts all 8% Series A Preferred into common; warrants adjusted

Falcon's Beyond Global, Inc.

All outstanding 8% Series A Cumulative Convertible Preferred Stock converted on Nov 6, 2023 into 0.90909 shares of Class A common per preferred share.
Approximately 600,000 shares of Class A common stock issued upon conversion; no preferred shares remain outstanding.
Warrants adjusted: each warrant now exercisable for 1.034999 shares of Class A common (was 0.580454 common + 0.5 preferred).
Preferred stock ceased trading on Nasdaq as of close Nov 6, 2023.
Conversion triggered by Class A common VWAP exceeding $14.30 over a 20-of-30-trading-day period.

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