{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-087305","form_type":"8-K","ticker":"FBYD","cik":"0001937987","company_name":"Falcon's Beyond Global, Inc.","filed_at":"2025-09-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.647211+00:00","generated_at":"2026-05-17T06:47:13.070048+00:00","sec_items":["1.01","3.02","3.03","5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Falcon's Beyond Global issues $28.7M of 11% Series B Preferred; exchanges $20.5M in debt","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-087305","json":"https://secwatch.observer/filing/0001213900-25-087305.json","markdown":"https://secwatch.observer/filing/0001213900-25-087305.md","text":"https://secwatch.observer/filing/0001213900-25-087305.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1937987/000121390025087305/0001213900-25-087305-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1937987/000121390025087305/ea0257197-8k_falcons.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:47:13.070048+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":"c245ea485b79701e326b8bb4ade5bdf4ceec96ca","claim":"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.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1937987/000121390025087305/0001213900-25-087305-index.htm","confidence":0.95,"family_label":"Equity Issuances","details":[{"label":"Security","value":"preferred stock"},{"label":"Shares","value":"5,747,742 shares of Series B Preferred Stock"},{"label":"Purchaser","value":"certain accredited investors, including Infinite Acquisitions Partners LLC and Gino P. Lucadamo"},{"label":"Consideration","value":"aggregate of approximately $8.2 million in cash and the exchange and forgiveness of an aggregate of $20.5 million of outstanding indebtedness"}],"fact_type":"equity_issuance"},{"claim_id":"547206afaa312a298efd0082bd41e3495ddb3c4e","claim":"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).","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1937987/000121390025087305/0001213900-25-087305-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2025-09-08"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}