Falcon’s Beyond Global Announces Board Expansion and Stock Dividend

Falcon’s Beyond Global ( (FBYD) ) has provided an announcement.

Falcon’s Beyond Global, Inc. has expanded its Board of Directors with the addition of Gino P. Lucadamo, who will also serve on the Audit Committee and receive compensation as per the Non-Employee Director Compensation Program. The company announced a stock dividend of 0.2 shares for both Class A and Class B shareholders, with cash in lieu of fractional shares, and adjustments to be made for equity awards in line with the dividend. Additionally, certain Earnout Participants agreed to forfeit their shares and units, which were contingent on meeting specific financial targets.

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