---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-021552"
form_type: "8-K"
ticker: "FBYD"
cik: "0001937987"
company_name: "Falcon's Beyond Global, Inc."
filed_at: "2024-03-12T23:59:59+00:00"
generated_at: "2026-06-04T23:30:08.936527+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Falcon's Beyond closes Katmandu Park in Punta Cana; expects impairment on JV investment

## Summary
- Katmandu Park in Punta Cana closed March 7, 2024 due to financial, operational, infrastructure challenges.
- Company expects to record an impairment charge on its Sierra Parima JV investment in 2023 annual report.
- Closure eliminates ongoing operational losses at the park; part of strategic shift to asset-efficient model.
- Company refocusing on Falcon's Creative Group, bolstered by Qiddiya investment and $83.1M consultancy contract.
- Joint venture with Meliá Hotels International; other JV entities unaffected by this closure.

## SEC filing metadata
- accession: 0001213900-24-021552
- form_type: 8-K
- ticker: FBYD
- cik: 0001937987
- company_name: Falcon's Beyond Global, Inc.
- filed_at: 2024-03-12T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1937987/000121390024021552/0001213900-24-021552-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1937987/000121390024021552/ea0201557-8k_falcons.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-021552
- JSON: https://secwatch.observer/filing/0001213900-24-021552.json
- Plain text: https://secwatch.observer/filing/0001213900-24-021552.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.