secwatch.observer — SEC 8-K summary
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Issuer:     Falcon's Beyond Global, Inc. (FBYD)
CIK:        0001937987
Form:       8-K
Filed at:   2024-01-26T23:59:59+00:00
Accession:  0001213900-24-006970
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Falcon's Beyond subsidiary signs $83.1M consultancy deal with Qiddiya for theme park design
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1937987/000121390024006970/0001213900-24-006970-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1937987/000121390024006970/ea192292-8k_falcons.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-006970

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