other material
confidence high
sentiment positive
materiality 0.75
Falcon's Beyond subsidiary signs $83.1M consultancy deal with Qiddiya for theme park design
Falcon's Beyond Global, Inc.
- Total contract value up to $83.1M: $64.6M for routine design services plus $18.5M for additional services.
- Services cover design, technology, and construction for one theme park at Qiddiya in Saudi Arabia.
- Initial term ends Jan 7, 2026; extends to Jul 24, 2027 if additional services are awarded.
- Either party may terminate at will with notice; invoices paid within 60 days of receipt.
- Agreement furthers previously disclosed strategic investment between Falcon's Creative Group and Qiddiya Investment Co.