Falcon's Beyond extends loan maturities to Feb 2025, raises interest to 11.75%

Falcon's Beyond Global, Inc.

Third amendments to two term loans extend maturity to February 28, 2025.
Interest rate increased from 8.875% to 11.75% per annum effective November 16, 2024.
Loans become due within 5 business days if borrower receives ≥$10M in equity/debt or Tenerife asset sale proceeds.
If Tenerife sale not closed by Jan 31, 2025, commitment increases by $250,000; if not by Feb 28, another $250,000.
Original loans (~$7.2M from Katmandu, $1.25M from Universal Kat) assigned to FAST Sponsor II.

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