William Douglas Jacob
On April 28, 2025, Mr. William Douglas Jacob resigned from the Board of Directors of Falcon’s Beyond Global, Inc. (the “Company”), effective as of the close of business on April 29, 2025 in order to pursue another opportunity.
Highest-materiality recent filing
Falcon's Beyond lists 11% Series B Preferred Stock on Nasdaq under symbol FBYDP
Series B Cumulative Convertible Preferred Stock (11% dividend) began trading on Nasdaq Global Market on May 21, 2026, under ticker FBYDP.
Falcon's Beyond Q1: revenue $5.4M, net income $6.1M vs prior loss, FCG rev $13M
Consolidated net income of $6.1M vs net loss of $8.1M; includes $11.1M credit from transaction expense reversal.
Falcon's Beyond Global sets 2026 annual meeting for June 9; proposal deadline April 27
2026 annual meeting scheduled for June 9, 2026.
Falcon's Beyond reports Q4 rev $6.6M, full-year net income $6.3M; FCG revenue up 53.5% in Q4
Q4 revenue $6.6M; net loss improved to $0.3M from $11.9M loss in Q4 2024.
Falcon's Beyond appoints Iraida Que De Vera to board; affiliated entity buys 691,563 shares at $7.23
Iraida Que De Vera elected to board effective Feb 17, 2026, expanding board from 5 to 6.
Falcon's Beyond Global meets first earnout trigger; releases 15M shares from escrow
First earnout trigger met: VWAP of Class A common stock exceeded $16.67 for 20 of 30 trading days through Dec 2, 2025.
Falcon's Beyond Global raises additional $1.3M via Series B Preferred Stock
Company issued 260,000 shares of 11% Series B Cumulative Convertible Preferred Stock at $5.00/share.
Falcon's Beyond settles $9.1M loan dispute for $2.5M upfront plus $7M deferred
Settlement resolves FAST loan lawsuit; $2.5M upfront paid Dec 1, 2025, $7M due Jan 31, 2027.
Falcon's Beyond closes additional $2.5M Series B Preferred Stock issuance
Raised an additional $2.5M via sale of 500,000 shares of 11% Series B Cumulative Convertible Preferred Stock at $5.00/share on Nov 24-25, 2025.
Falcon's Beyond Q3 net loss $10.4M on $4.1M revenue; $28.7M preferred issuance
Consolidated net loss $10.4M vs net income $39.3M prior year; revenue $4.1M.
Falcon's Beyond Global issues $28.7M of 11% Series B Preferred; exchanges $20.5M in debt
Issued 5,747,742 shares of 11% Series B Cumulative Convertible Preferred Stock at $5.00/share for total proceeds of ~$28.7M.
President Simon Philips resigns, enters separation agreement; Marie Kim appointed to board
Marie Kim appointed to board and to Audit, Nominating & Governance, and Compensation committees effective August 28, 2025.
Sandy Beall resigned as director effective after the August 12, 2025 annual meeting.
Falcon's Beyond subsidiary awarded $28M second-phase contract for The Mukaab project
Falcon's Creative Group received second-phase award under Advisory Services Agreement with New Murabba Development Company.
Falcon's Beyond reports Q2 net income of $25.1M driven by hotel sale gain; revenue $2.5M
Consolidated revenue $2.5M; FCG revenue $12.3M (-21.6% YoY), operating income $2.4M.
Falcon's Beyond re-elects Sandy Beall to board; ratifies KPMG as auditor
Sandy Beall re-elected as Class II director with 107,930,687 votes for (99.2% of votes cast).
Falcon's Beyond completes sale of Sol Tenerife Hotel for €70.8M; to receive ~€21M
Sale executed through PDP JV with Meliá; purchasers paid €70,823,684 for shares of Tertian XXI, S.L., subject to post-closing adjustments.
Falcon's Beyond dismisses Deloitte & Touche, appoints KPMG as new auditor
Deloitte & Touche dismissed effective May 22, 2025; prior reports contained going-concern paragraph.
Falcon's Beyond Q1 net loss $8.1M (improved $122.1M); consolidated rev $1.7M; FCG revenue down 57.7%
Consolidated rev $1.7M; FCG rev $6.3M (-57.7% YoY); PDP rev $7.2M.
Falcon's Beyond acquires OES assets and hires key team; no purchase price disclosed
Acquired OES's patent portfolio, 106,000+ sq ft facility, and hired key OES personnel.
Board member William Douglas Jacob resigns from Falcon's Beyond Global, effective April 29
William Douglas Jacob resigned from the Board of Directors effective April 29, 2025.
Falcon’s Beyond extends loan maturities to May 2025 pending Tenerife sale proceeds
Fourth amendments to Katmandu Ventures (~$7.2M) and Universal Kat ($1.25M) loan agreements.
Falcon's Beyond FY2024 net income $149.5M; FCG revenue up 136% to $53.2M
Consolidated FY2024 revenue $6.7M (management fees); FCG (unconsolidated) revenue $53.2M, up 136% YoY.
Falcon's Beyond files info statement for mandatory warrant exchange at 0.25 shares per warrant
Mandatory exchange of publicly-traded warrants (FBYDW) for Class A common stock at a ratio of 0.25 shares per warrant.
Falcon’s Beyond reminds shareholders of 0.2 stock dividend; record Dec 10, payment Dec 17
Stock dividend of 0.2 Class A shares per share; record date Dec 10, 2024, payment Dec 17, 2024.
Falcon's Beyond extends loan maturities to Feb 2025, raises interest to 11.75%
Third amendments to two term loans extend maturity to February 28, 2025.
Falcon's Beyond enters LOI to operate OES; warrants amended for mandatory exchange at 0.25 ratio
Warrant amendment: ~5.2M warrants exchange for ~1.3M Class A shares at 0.25 ratio, effective Oct 6, 2028.
Falcon's Beyond Q3: FCG revenue up 190% YoY, net income $39.3M, stock dividend
Consolidated revenue $2.1M; FCG (unconsolidated) revenue $13.2M, +190% YoY.
Falcon's Beyond enters two related-party credit agreements totaling ~$22.8M
Amended & Restated Credit Agreement: up to $15M revolver, $8.06M outstanding, SOFR+2.75%, matures Sep 2034.
Stock dividend of 0.2 shares per Class A share payable Dec 17, 2024 to holders of record Dec 10, 2024; ~2.0M Class A and 11.5M Class B shares to be issued.
Falcon's Beyond Q2 consolidated net income $8M vs loss; FCG revenue up 202% to $15.7M
Consolidated revenue of $1.8M from corporate services; FCG deconsolidated and equity-accounted.
Falcon's Beyond posts investor presentation on website; no details disclosed in filing
Company posted investor presentation on June 20, 2024 on its IR website.
Falcon's Beyond stockholders elect three Class I directors and ratify Deloitte as auditor
Scott Demerau, Jarrett T. Bostwick, Simon Philips elected as Class I directors until 2027.
Falcon's Beyond Q1 2024: FCG revenue $14.9M (+87% YoY); adjusted EBITDA loss narrows to $4.5M
Consolidated revenue $1.5M; unconsolidated FCG revenue $14.9M (+87% YoY) with $1.6M operating income vs $1.2M loss.
Guggenheim sues Falcon’s Beyond for $11M in fees from 2023 business combination
Guggenheim Securities alleges breach of contract seeking $11,056,512.70 for services related to Oct 2023 business combination with FAST Acquisition Corp. II.
Falcon's Beyond receives Nasdaq non-compliance notice for late 10-K filing
Received Nasdaq notice on April 18, 2024 for not timely filing 2023 10-K.
Falcon's Beyond obtains $8.5M in unsecured loans from related parties; repays $5.4M revolver
Subsidiary Falcon's Beyond Global LLC borrowed $7.2M from 10%+ shareholder Katmandu Ventures and $1.3M from Universal Kat Holdings.
On April 28, 2025, Mr. William Douglas Jacob resigned from the Board of Directors of Falcon’s Beyond Global, Inc. (the “Company”), effective as of the close of business on April 29, 2025 in order to pursue another opportunity.
Effective September 30, 2024, the Board of Directors (the “Board”) of Falcon’s Beyond Global, Inc. (the “Company”) increased the number of directors on the Board from six to seven and elected Gino P. Lucadamo to serve as a director of the Company.
Max materiality 0.75 · Median 0.60 · Most common event other_material