Infinite Acquisitions Partners LLC 4
4 · Falcon's Beyond Global, Inc. · Filed May 6, 2026
Research Summary
AI-generated summary of this filing
Falcon's Beyond (FBYD) 10% Owner Infinite Acquisitions Sells 1.39M
What Happened Infinite Acquisitions Partners LLC, a 10% owner of Falcon's Beyond Global, Inc. (FBYD), sold 1,392,290 shares of the Issuer's 11% Series B Cumulative Convertible Preferred Stock on May 4, 2026. The shares were sold at $5.00 per share for a total proceeds of $6,961,450. This was a sale of a derivative security (Series B preferred), not a purchase.
Key Details
- Transaction date and price: May 4, 2026 — 1,392,290 shares sold at $5.00 each ($6,961,450 total).
- Shares held after transaction: Infinite Acquisitions held 4,349,806 Series B preferred shares prior to the sale; after disposing 1,392,290 shares, it holds 2,957,516 shares.
- Security type: 11% Series B Cumulative Convertible Preferred Stock (derivative reported).
- Notable footnotes:
- The Series B Preferred may automatically convert to Class A common stock (initially 1-for-1) if, starting Sept 8, 2028, the VWAP of Class A common equals or exceeds $10.00 for 21 of 30 consecutive trading days; the preferred is not holder‑convertible and does not expire.
- Infinite Acquisitions acquired additional Series B shares via payment‑in‑kind dividends on Dec 31, 2025 (142,615 shares) and Mar 31, 2026 (114,865 shares).
- Beneficial ownership disclaimers: Infinite Acquisitions is managed by Erudite Cria, Inc.; the manager and its directors disclaim beneficial ownership except to the extent of pecuniary interest.
- Filing: Form 4 was filed May 6, 2026 reporting the May 4 transaction.
Context This report reflects institutional selling by a 10% owner of preferred, not an individual officer/director trade. The security sold is convertible under specified future conditions (a VWAP threshold and time test), so the sale affects preferred‑share exposure rather than immediate common‑stock holdings.
Insider Transaction Report
Form 4
Infinite Acquisitions Partners LLC
10% Owner
Transactions
- Sale
11% Series B Cumulative Convertible Preferred Stock
[F1][F2][F3]2026-05-04$5.00/sh−1,392,290$6,961,450→ 2,957,516 totalExercise: $5.00→ Class A Common Stock (1,392,290 underlying)
Footnotes (3)
- [F1]Pursuant to the terms of the 11% Series B Cumulative Convertible Preferred Stock, par value $0.0001 per share (the "Series B Preferred Stock"), of Falcon's Beyond Global, Inc. (the "Issuer"), starting on September 8, 2028, if at any time the volume weighted average sale price of the Issuer's Class A common stock, par value $0.0001 per share ("Class A Common Stock"), equals or exceeds $10.00 per share (as adjusted to reflect any stock splits, reverse stock splits, stock dividends, extraordinary cash dividends, reorganization or similar transaction) for at least 21 out of 30 consecutive trading days, the Series B Preferred Stock will automatically convert into shares of the Issuer's Class A Common Stock at the then effective conversion rate. The initial conversion rate is one-to-one. The Series B Preferred Stock is not convertible by the holder and does not expire.
- [F2]On May 4, 2026, Infinite Acquisitions Partners LLC ("Infinite Acquisitions") sold 1,392,290 shares of Series B Preferred Stock, at a per share price of $5.00. On December 31, 2025, Infinite Acquisitions acquired 142,615 shares of Series B Preferred Stock pursuant to a payment-in-kind dividend. On March 31, 2026, Infinite Acquisitions acquired 114,865 shares of Series B Preferred Stock pursuant to a payment-in-kind dividend. Prior to the disposition of Series B Preferred Stock on May 4, 2026, the total Series B Preferred Stock held by Infinite Acquisitions was 4,349,806.
- [F3]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.