{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-032984","form_type":"8-K","ticker":"FBYD","cik":"0001937987","company_name":"Falcon's Beyond Global, Inc.","filed_at":"2024-04-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.257320+00:00","generated_at":"2026-06-03T23:09:33.577413+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Falcon's Beyond obtains $8.5M in unsecured loans from related parties; repays $5.4M revolver","bullets":["Subsidiary Falcon's Beyond Global LLC borrowed $7.2M from 10%+ shareholder Katmandu Ventures and $1.3M from Universal Kat Holdings.","Loans are unsecured, non-convertible, bear 8.875% interest, mature March 31, 2025.","Approximately $5.4M of proceeds used to reduce outstanding balance under $10.0M revolving credit with related party Infinite Acquisitions Partners.","Remaining funds allocated for general working capital and corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-032984","json":"https://secwatch.observer/filing/0001213900-24-032984.json","markdown":"https://secwatch.observer/filing/0001213900-24-032984.md","text":"https://secwatch.observer/filing/0001213900-24-032984.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1937987/000121390024032984/0001213900-24-032984-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1937987/000121390024032984/ea0203859-8k_falcons.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T23:09:33.577413+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a8c9001f702118b6583be0b2150a136425db1d45","claim":"Falcon's Beyond Global, Inc. incurred term loan of approximately $1.3 million with Universal Kat Holdings, LLC at 8.875% per annum maturing March 31, 2025.","evidence_excerpt":"pursuant to which Universal Kat has made a loan to the Borrower in the principal amount of approximately $1.3 million","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1937987/000121390024032984/0001213900-24-032984-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"approximately $1.3 million"},{"label":"Counterparty","value":"Universal Kat Holdings, LLC"},{"label":"Rate","value":"8.875% per annum"},{"label":"Maturity","value":"March 31, 2025"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"d67d493ee64b462162007c7d8308200e3ce3c3aa","claim":"Falcon's Beyond Global, Inc. incurred term loan of approximately $7.2 million with Katmandu Ventures, LLC at 8.875% per annum maturing March 31, 2025.","evidence_excerpt":"pursuant to which Katmandu Ventures has made a loan to the Borrower in the principal amount of approximately $7.2 million","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1937987/000121390024032984/0001213900-24-032984-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"approximately $7.2 million"},{"label":"Counterparty","value":"Katmandu Ventures, LLC"},{"label":"Rate","value":"8.875% per annum"},{"label":"Maturity","value":"March 31, 2025"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}