Falcon’s Beyond Global Issues Reminder of Upcoming Stock Dividend
2024年12月10日 - 5:49AM
ビジネスワイヤ（英語）
Record Date for Dividend is December 10, 2024;
Payment Date is December 17, 2024
Falcon’s Beyond Global, Inc. (Nasdaq: FBYD) (“Falcon’s Beyond,”
“Falcon’s,” or the “Company”), a leading innovator in immersive
storytelling through its divisions Falcon’s Creative Group (“FCG”),
Falcon’s Beyond Destinations (“FBD”), and Falcon’s Beyond Brands
(“FBB”), today reminded its shareholders of the upcoming stock
dividend previously announced on October 1, 2024.
Under the terms of the dividend, eligible shareholders will
receive a stock dividend of 0.2 shares of the Company’s Class A
common stock per share of Class A common stock outstanding, payable
on December 17, 2024, to holders of Class A common stock as of the
record date of December 10, 2024. In lieu of fractional shares,
cash will be distributed to each stockholder who would otherwise
have been entitled to receive a fractional share, with the amount
of cash to be determined based on the average closing price,
rounded to the nearest penny, of the Company’s Class A common stock
on Nasdaq for the five consecutive business days prior to the
payment date of the stock dividend. Additionally, as a result of
the stock dividend, holders of the Company’s Class B common stock
will receive a stock dividend of 0.2 shares of Class B common stock
per share of Class B common stock outstanding, and the Falcon’s
Beyond Global, LLC common units that are issued and outstanding
will be adjusted to reflect the same economic equivalent of the
stock dividend. Outstanding warrants, restricted stock units and
other equity awards will be similarly adjusted in accordance with
their terms. A total of approximately 2.0 million shares of Class A
common stock and approximately 11.5 million shares of Class B
common stock are expected to be issued in connection with the stock
dividend.
Stockholders will not be required to take any action to receive
the stock dividend. After the payment date, stockholders’ book
entry accounts will be credited with the additional shares that
represent the stock dividend. When shares are held in a brokerage
account in the name of a broker, the additional shares will be
distributed to the broker on the stockholder’s behalf. The stock
dividend is administered by Continental Stock Transfer & Trust
Company, the Company’s transfer agent.
About Falcon’s Beyond
Falcon’s Beyond is a visionary innovator in immersive
storytelling, sitting at the intersection of three potential high
growth business opportunities: content, technology, and
experiences. Falcon’s Beyond propels intellectual property (IP)
activations concurrently across physical and digital experiences
through three core business units:
- Falcon’s Creative Group creates master plans, designs
attractions and experiential entertainment, and produces content,
interactives, and software.
- Falcon’s Beyond Destinations develops a diverse range of
entertainment experiences using both Falcon’s Beyond owned and
third party licensed intellectual property, spanning location-based
entertainment, dining, and retail.
- Falcon’s Beyond Brands endeavors to bring brands and
intellectual property to life through animation, movies, licensing
and merchandising, gaming as well as ride and technology
sales.
Falcon’s Beyond also invents immersive rides, attractions, and
technologies for entertainment destinations around the world.
FALCON’S BEYOND and its related trademarks are owned by Falcon’s
Beyond.
Falcon’s is headquartered in Orlando, Fla. Learn more at
falconsbeyond.com.
Falcon’s Beyond may use its website as a distribution channel of
material Company information. Financial and other important
information regarding the Company is routinely accessed through and
posted on our website at https://investors.falconsbeyond.com.
In addition, you may automatically receive email alerts and
other information about Falcon’s when you enroll your email address
by visiting the Email Alerts section at
https://investors.falconsbeyond.com.
Cautionary Note Regarding Forward-Looking Statements
This press release contains statements that are “forward-looking
statements” within the meaning of the Private Securities Litigation
Reform Act of 1995. When used in this press release, words such as
“will”, “would” and similar expressions identify forward-looking
statements, but the absence of these words does not mean that a
statement is not forward-looking. Forward-looking statements are
subject to risks and uncertainties that could cause actual results
to differ from those expressed in or implied by the forward-looking
statements, including (1) our ability to sustain our growth,
effectively manage our anticipated future growth, and implement our
business strategies to achieve the results we anticipate, (2)
impairments of our intangible assets and equity method investment
in our joint ventures, (3) our ability to raise additional capital,
(4) the closure of Katmandu Park DR and the repositioning and
rebranding of our FBD business, (5) the success of our growth plans
in FCG, (6) our customer concentration in FCG, (7) the risk that
contractual restrictions relating to the Strategic Investment may
affect our ability to access the public markets and expand our
business, (8) the risks of doing business internationally,
including in the Kingdom of Saudi Arabia, (9) our indebtedness,
(10) our dependence on strategic relationships with local partners
in order to offer and market our products and services in certain
jurisdictions, (11) our reliance on our senior management and key
employees, and our ability to hire, train, retain, and motivate
qualified personnel, (12) cybersecurity-related risks, (13) our
ability to protect our intellectual property, (14) our ability to
remediate identified material weaknesses in our internal controls
over financial reporting, (15) the concentration of share ownership
and the significant influence of the Demerau Family and Cecil D.
Magpuri, (16) the outcome of pending, threatened and future legal
proceedings, (17) our continued compliance with Nasdaq continued
listing standards, (18) risks related to our Up-C entity structure
and the fact that we may be required to make substantial payments
to certain unitholders under our Tax Receivable Agreement, and (19)
the risks disclosed under the caption “Risk Factors” in the
Company’s Annual Report on Form 10-K, as filed with the Securities
and Exchange Commission on April 29, 2024, and the Company’s other
filings with the Securities and Exchange Commission. The
forward-looking statements herein speak only as of the date of this
press release, and the Company undertakes no obligation to publicly
update or revise any forward-looking statement as a result of new
information, future events or otherwise, except as otherwise
required by law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241209604801/en/
Media Relations: Kathleen Prihoda, Falcon’s Beyond
kprihoda@falconsbeyond.com
Investor Relations: ir@falconsbeyond.com
Falcons Beyond Global (NASDAQ:FBYD)
過去 株価チャート
から 12 2024 まで 1 2025
Falcons Beyond Global (NASDAQ:FBYD)
過去 株価チャート
から 1 2024 まで 1 2025
