FBYDW Annual Meeting: Director Elected and Auditor Approved by Shareholders
Rhea-AI Filing Summary
Falcon's Beyond Global, Inc. held its 2025 annual meeting on August 12, 2025. Stockholders elected Sandy Beall as a Class II director to serve until the 2028 Annual Meeting; the vote tally was 107,930,687 votes for, 827,335 votes withheld and 4,932,513 broker non-votes. Shareholders also ratified the appointment of KPMG LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2025, with votes of 113,038,013 for, 178,378 against and 36 abstentions. These results confirm board continuity and the auditor engagement as reported.
Positive
- Sandy Beall elected as Class II director with 107,930,687 votes in favor
- KPMG LLP ratified as independent registered public accounting firm with 113,038,013 votes in favor
Negative
- 827,335 votes were recorded as withheld for the director election
- 4,932,513 broker non-votes were recorded in the director election
Insights
TL;DR Board continuity affirmed with Sandy Beall elected; vote totals show clear majority support with measurable withheld and broker non-votes.
The election of Sandy Beall as a Class II director, with 107,930,687 votes in favor, indicates a decisive shareholder majority for the nominee and establishes his term through the 2028 Annual Meeting. The presence of 827,335 withheld votes and 4,932,513 broker non-votes is notable as a factual element of the record, but the reported totals demonstrate that a substantial number of shares participated in the director election. This is a routine governance outcome that preserves the board’s composition as disclosed.
TL;DR Shareholders ratified KPMG LLP as auditor by an overwhelming margin, with negligible abstentions.
Shareholders ratified KPMG LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2025, with 113,038,013 votes for, 178,378 against and 36 abstentions. The vote totals indicate strong shareholder support for the auditor engagement and continuity of the external audit relationship for the stated fiscal year. There are no audit-related qualifications or additional disclosures in the provided text.