Falcon’s Beyond’s Common Stock, Series A Preferred Stock, and Warrants to Trade on Nasdaq on October 6, 2023, under the Symbols “FBYD,” “FBYDP,” and “FBYDW”

Falcon’s Beyond Global, a global entertainment powerhouse and visionary innovator in immersive storytelling, has successfully closed its business combination with FAST Acquisition Corp. II (FAST II). The company has raised over $100 million in gross proceeds to support its growth strategy in delivering extraordinary entertainment experiences through various products, platforms, and intellectual property (IP).

With the completion of the business combination, the FAST II units, Class A common stock, and warrants have ceased trading and been voluntarily delisted from the NYSE. The Class A common stock, Series A preferred stock, and warrants of Falcon’s Beyond Global Inc. will begin trading on Nasdaq under the ticker symbols “FBYD,” “FBYDP,” and “FBYDW,” respectively, on October 6, 2023.

Falcon’s Beyond’s Executive Chairman and Co-Founder, Scott Demerau, expressed his excitement about the listing on Nasdaq, stating that it will enable the company to scale globally and continue delivering innovative entertainment experiences. He also acknowledged the exceptional management team at FAST II and their ongoing contributions as members of the Board of Directors.

Cecil D. Magpuri, Falcon’s Beyond’s Chief Executive Officer and Co-Founder, emphasized the company’s commitment to providing extraordinary entertainment experiences and visionary stories through their wide range of products, platforms, and IP. Magpuri expressed gratitude to Doug Jacob and the FAST II team for their support throughout the journey.

The completion of the business combination will be celebrated with Falcon’s Beyond ringing the Opening Bell at Nasdaq on October 10, 2023. This milestone marks Falcon’s Beyond’s official entry as a publicly traded company on a major U.S. stock exchange.

Falcon’s Beyond is known for its expertise in immersive storytelling and operates through three core business units: Falcon’s Creative Group, Falcon’s Beyond Destinations, and Falcon’s Beyond Brands. The company plans to leverage its capital raise to continue expanding its intellectual property and forming critical partnerships, including joint ventures with Meliá Hotels International and Raging Power Limited.

The Board of Directors of Falcon’s Beyond will include Scott Demerau, Cecil D. Magpuri, Simon Philips, Jarrett T. Bostwick, Sandy Beall, Doug Jacob, and Ramin Arani. Simon Philips and Ramin Arani are expected to join the Board of Directors upon the closing.

Falcon’s Beyond’s listing on Nasdaq signifies a significant milestone in the company’s growth trajectory. With its focus on immersive entertainment experiences and innovative technologies, Falcon’s Beyond is well-positioned to capitalize on the vast opportunities in the industry.

Please note that this article is based on a press release and does not contain any independent reporting.