Falcon's Beyond Global, Inc.·4/A

Mar 12, 7:52 PM ET

Infinite Acquisitions Partners LLC 4/A

4/A · Falcon's Beyond Global, Inc. · Filed Mar 12, 2026

Research Summary

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Falcon's Beyond Global (FBYD) 10% Owner Infinite Acquisitions Sells Shares

What Happened
Infinite Acquisitions Partners LLC, a reported 10% owner of Falcon's Beyond Global, sold 2,350,068 shares of Class A common stock in an open-market/private sale on March 9, 2026 at $6.25 per share (proceeds ≈ $14,687,925). On March 11, 2026 Infinite Acquisitions initiated the delivery of 2,354,610 additional Class A shares to satisfy obligations under prior redemption agreements with former equityholders. This Form 4/A is an amended filing correcting earnout/share details.

Key Details

  • Transaction types/codes: Mar 9, 2026 — Sale (S) of 2,350,068 shares at $6.25 each (≈ $14.69M); Mar 11, 2026 — Other disposition/delivery (J) of 2,354,610 shares (no price reported).
  • Filing: Amended Form 4 filed Mar 12, 2026 (reports Mar 9 and Mar 11 activity); the filing corrects earnout share counts and reports previously earned shares received Dec 12, 2025.
  • Ownership notes: Filing references 150,000 Class A shares received Dec 12, 2025 that are subject to a 1‑year lockup and 250,000 Class A Earnout Shares held in escrow (rights fixed Oct 6, 2023). Once escrowed earnouts are released, they will be subject to an additional 1‑year lockup.
  • Control/disclaimers: Infinite Acquisitions is controlled by its manager, Erudite Cria, Inc. (Infinite Manager); directors of Infinite Manager disclaim beneficial ownership except for pecuniary interests.
  • Timeliness: This is an amended filing (Form 4/A). The filing corrects prior reporting; see Form 4/A for details on original filing timing.

Context

  • This activity is by a 10% institutional owner, not an individual executive — deliveries to satisfy redemption agreements may reflect contractual obligations rather than discretionary market timing.
  • The March 9 open-market sale generated material cash proceeds (~$14.7M); the March 11 delivery was to settle prior redemption obligations and has no reported per-share price.
  • For retail investors, purchases are typically more informative as bullish signals; here the primary disclosed action is a significant sale/delivery by a large shareholder.

Insider Transaction Report

Form 4/AAmended
Period: 2026-03-09
Transactions
  • Sale

    Class A Common Stock

    [F1][F3][F4][F5]
    2026-03-092,350,06823,717,859 total
  • Other

    Class A Common Stock

    [F2][F3][F4][F5]
    2026-03-112,354,61021,363,249 total
Footnotes (5)
  • [F1]On March 9, 2026, Infinite Acquisitions Partners LLC ("Infinite Acquisitions") sold 2,350,068 shares of Class A common stock, par value $0.0001 per share ("Class A Common Stock") of Falcon's Beyond Global, Inc. (the "Issuer") at $6.25 per share.
  • [F2]On March 11, 2026, Infinite Acquisitions initiated the delivery of 2,354,610 shares of Class A Common Stock, par value $0.0001 per share, of the Issuer to satisfy an obligation of Infinite Acquisitions to deliver shares of Class A Common Stock pursuant to obligations underlying certain redemption agreements entered into with former equityholders of Infinite Acquisitions prior to the Business Combination described in the Registration Statement on Form S-4 (File No. 333-269778) (the "Registration Statement").
  • [F3]Includes (ii) 150,000 Class A Common Stock which were received on December 12, 2025 upon the satisfaction of certain earnout targets and are subject to an additional 1-year lockup from the date such securities were earned, and (iii) 250,000 shares of Class A Common Stock that are subject to earnout (the "Class A Earnout Shares") that are being held in an escrow account for the benefit of Infinite Acquisitions. The Class A Earnout Shares will be released to Infinite Acquisitions, if at all, upon the satisfaction of certain milestones described in the Registration Statement. Infinite Acquisitions's right to receive the Class A Earnout Shares upon satisfaction of the earnout conditions became fixed and irrevocable effective as of October 6, 2023.
  • [F4](Continued from footnote 3) Once the Class A Earnout Shares are earned, released and delivered from escrow to Infinite Acquisitions, such shares shall be subject to an additional 1-year lock-up pursuant to an agreement between Infinite Acquisitions and the Issuer. This Form 4/A is being filed to correct the number of Class A Earnout Shares and to report the 150,000 Class A Common Stock shares which were received on December 12, 2025 upon the satisfaction of certain earnout targets on December 2, 2025 pursuant to that Earnout Escrow Agreement, dated October 12, 2023 and effective as of October 6, 2023 (the "Earnout Escrow Agreement").
  • [F5]Represents securities held by Infinite Acquisitions. Infinite Acquisitions is controlled by its manager, Erudite Cria, Inc. ("Infinite Manager"). Investment and voting decisions at Infinite Manager with respect to the securities held by Infinite Acquisitions are made by the board of directors of Infinite Manager. Each director has one vote on all matters presented to the board of Infinite Manager, except that the chairman of the board of directors, Lucas Demerau, has two votes on all matters presented to the board of Infinite Manager. Therefore, no individual director of Infinite Manager is the beneficial owner, for purposes of Rule 13d-3 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), of the securities held by Infinite Acquisitions. Each of Infinite Manager and the directors of Infinite Manager disclaim beneficial ownership over such securities except to the extent of their individual pecuniary interest therein.

Documents

1 file
  • 4
    ownership.xml

    4/A