Major FBYD holder Infinite Acquisitions trims stake and delivers shares

Rhea-AI Filing Summary

Falcon's Beyond Global, Inc. major stockholder Infinite Acquisitions Partners LLC reported two Class A common stock transactions. On March 9, 2026, Infinite Acquisitions sold 2,350,068 shares at $6.25 per share in an open-market or private transaction.

On March 11, 2026, Infinite Acquisitions initiated delivery of 2,354,610 shares to satisfy obligations under redemption agreements with its former equityholders related to the prior business combination. After these activities, Infinite Acquisitions directly holds 21,363,249 Class A shares, including 400,000 earnout shares held in escrow that are subject to specified milestones and an additional one-year lock-up once released.

Infinite Acquisitions is controlled by Erudite Cria, Inc., whose board collectively makes investment and voting decisions. No individual director is treated as the beneficial owner of these securities beyond any personal economic interest.

Insights

Equity ownership and governance analyst

Large FBYD holder sells shares and delivers stock under prior obligations while retaining a sizable position.

Infinite Acquisitions Partners LLC, a 10% owner of Falcon's Beyond Global, sold 2,350,068 Class A shares at $6.25 per share on March 9, 2026. This is a discretionary open-market or private sale, giving it clearer signaling value than purely mechanical transactions.

Two days later, Infinite Acquisitions initiated delivery of 2,354,610 shares to fulfill obligations tied to redemption agreements predating the business combination, a restructuring-type movement rather than a market trade. After these steps, it still directly holds 21,363,249 shares, plus exposure to 400,000 earnout shares in escrow, so it remains a major shareholder.

Control sits with Erudite Cria, Inc. as manager, with its board jointly making voting and investment decisions and individual directors disclaiming beneficial ownership. Future company filings can clarify how earnout milestones described in the registration statement affect when the additional 400,000 shares may be released and then become freely tradable after the one-year lock-up.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Infinite Acquisitions Partners LLC

(Last) (First) (Middle)

3420 PUMP RD #356

(Street)

HENRICO VA 23233

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Falcon's Beyond Global, Inc. [ FBYD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	03/09/2026		S(1)		2,350,068	D	(1)	23,717,859(3)	D(4)
Class A Common Stock	03/11/2026		J(2)		2,354,610	D	(2)	21,363,249(3)	D(4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Infinite Acquisitions Partners LLC

(Last) (First) (Middle)

3420 PUMP RD #356

(Street)

HENRICO VA 23233

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Erudite Cria, Inc.

(Last) (First) (Middle)

3420 PUMP RD #356

(Street)

HENRICO VA 23233

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. 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.

2. 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").

3. Includes 400,000 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. 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.

4. 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.

	Infinite Acquisitions Partners LLC, By: /s/ Lucas Demerau, Name: Lucas Demerau, Title: President	03/11/2026
	Erudite Cria, Inc., By: /s/ Lucas Demerau, Name: Lucas Demerau, Title: President	03/11/2026
	** Signature of Reporting Person	Date
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FAQ

What insider transactions did Infinite Acquisitions report for Falcon's Beyond (FBYD)?

Infinite Acquisitions reported two transactions in Falcon's Beyond Class A shares. It sold 2,350,068 shares at $6.25 per share on March 9, 2026, and on March 11, 2026, initiated delivery of 2,354,610 shares to satisfy obligations under earlier redemption agreements.

How many Falcon's Beyond (FBYD) shares does Infinite Acquisitions hold after these Form 4 transactions?

After the reported transactions, Infinite Acquisitions directly holds 21,363,249 shares of Falcon's Beyond Class A common stock. This figure includes 400,000 earnout shares held in escrow that will only be released if specified milestones are achieved and then remain locked up for one additional year.

At what price did Infinite Acquisitions sell Falcon's Beyond (FBYD) shares?

Infinite Acquisitions sold 2,350,068 Falcon's Beyond Class A shares at $6.25 per share on March 9, 2026. The Form 4 characterizes this as a sale in the open market or a private transaction, reflecting an active disposition rather than a purely administrative share transfer.

What is the nature of the 2,354,610-share delivery reported for Falcon's Beyond (FBYD)?

The 2,354,610-share movement on March 11, 2026 is described as delivery of Falcon's Beyond Class A shares to satisfy Infinite Acquisitions’ obligations under redemption agreements with its former equityholders, tied to a prior business combination, and is classified as an “other” acquisition or disposition event.

How are the 400,000 Falcon's Beyond (FBYD) earnout shares treated in Infinite Acquisitions’ holdings?

The 400,000 Class A earnout shares are held in escrow for Infinite Acquisitions’ benefit and counted within its reported holdings. They will be released only if specific milestones in the registration statement are met, then become subject to a further one-year lock-up with the issuer.

Who controls voting and investment decisions for Infinite Acquisitions’ Falcon's Beyond (FBYD) shares?

Infinite Acquisitions is controlled by its manager, Erudite Cria, Inc. Investment and voting decisions are made by Erudite Cria’s board of directors, with the chairman holding two votes. Individual directors disclaim beneficial ownership except to the extent of any personal pecuniary interest.