Infinite Acquisitions Partners LLC - Oct 6, 2023 Form 3/A - Amendment Insider Report for Falcon's Beyond Global, Inc. (FBYD)

Role
10%+ Owner
Signature
/s/ Melissa Curvino, by power of attorney
Stock symbol
FBYD
Transactions as of
Oct 6, 2023
Transactions value $
$0
Form type
3/A - Amendment
Date filed
10/13/2023, 04:28 PM
Date Of Original Report
Oct 6, 2023
Next filing
Feb 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FBYD Class A Common Stock 755K Oct 6, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amendment is being filed to disclose shares of Class A common stock, par value $0.0001 per share ("Class A Common Stock"), of Falcon's Beyond Global, Inc. (the "Issuer") that were inadvertently omitted from the Reporting Person's original Form 3.
F2 Reflects shares of Class A Common Stock that are subject to earnout and are being held in an escrow account for the benefit of the Reporting Person. Such shares will be released to the Reporting Person, if at all, upon the satisfaction of certain milestones described in the Registration Statement. The Reporting Person's right to receive such shares upon satisfaction of the earnout conditions became fixed and irrevocable effective as of October 6, 2023. Once such shares of Class A Common Stock are earned, released and delivered from escrow to the Reporting Person, such shares shall be subject to an additional 1-year lock-up pursuant to an agreement between the Reporting Person and the Issuer.
F3 The Reporting Person is controlled by its managing member, Erudite Cria, Inc. ("Infinite MM"). Investment and voting decisions at Infinite MM with respect to the securities held by the Reporting Person are made by the board of directors of Infinite MM. Each director has one vote on all matters presented to the board of Infinite MM, except that the chairman of the board of directors, Lucas Demerau, has two votes on all matters presented to the board of Infinite MM. Therefore, no individual director of Infinite MM is the beneficial owner, for purposes of the federal securities laws, of the securities held by the Reporting Person. Each of Infinite MM and the directors of Infinite MM disclaim beneficial ownership over such securities except to the extent of their individual pecuniary interest therein.

Remarks:

Exhibit 24.1 - Power of Attorney