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 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 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 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 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.
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 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.
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 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.
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 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.
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