Falcon's Beyond Global issues $28.7M of 11% Series B Preferred; exchanges $20.5M in debt

Falcon's Beyond Global, Inc.

Issued 5,747,742 shares of 11% Series B Cumulative Convertible Preferred Stock at $5.00/share for total proceeds of ~$28.7M.
Received $8.2M in cash; exchanged $20.5M of debt with Infinite Acquisitions Partners LLC for preferred shares.
Preferred stock ranks senior to common; converts automatically after 3 years if common stock price ≥ $10 for 21 of 30 trading days.
Dividends accumulate at 11% annually, paid in kind until Jan 1, 2027, then payable in cash.
Issued under Regulation D exemption; restricts common dividend if preferred dividends unpaid.

item 1.01 item 3.02 item 3.03 item 5.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.95

Falcon's Beyond Global, Inc. issued 5,747,742 shares of Series B Preferred Stock of preferred stock to certain accredited investors, including Infinite Acquisitions Partners LLC and Gino P. Lucadamo for aggregate of approximately $8.2 million in cash and the exchange and forgiveness of an aggregate of $20.5 million of outstanding indebtedness.

Security: preferred stock
Shares: 5,747,742 shares of Series B Preferred Stock
Purchaser: certain accredited investors, including Infinite Acquisitions Partners LLC and Gino P. Lucadamo
Consideration: aggregate of approximately $8.2 million in cash and the exchange and forgiveness of an aggregate of $20.5 million of outstanding indebtedness

Exact text from the filing

the exchange of outstanding indebtedness. Upon the closing of the transactions contemplated by the Subscription Agreements, the Company received an aggregate of approximately $8.2 million in cash and the exchange and forgiveness of an aggregate of $20.5 million of outstanding indebtedness (as described in more detail below). The foregoing description of the

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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Falcon's Beyond Global, Inc.: Filed Certificate of Designation for Series B Preferred Stock, designating up to 8,000,000 shares with specific rights, preferences, and privileges (effective 2025-09-08).

Change: charter amendment
Effective: 2025-09-08

Exact text from the filing

In connection with the issuance and sale of the Series B Preferred Stock, the Company filed the Certificate of Designation of the Series B Preferred Stock (the “ Certificate of Designation ”) with the Secretary of State of the State of Delaware on September 8, 2025.

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Falcon's Beyond Global, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-25-087305

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