STOCK TITAN

Major Falcon's Beyond (FBYD) holder trims stake, still owns 31%

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Falcon's Beyond Global, Inc. faces a major ownership update as key stockholders report a reduced but still large position. Infinite Acquisitions Partners LLC and Erudite Cria, Inc. now each report beneficial ownership of 15,313,249 shares of Class A common stock, representing about 31.28% of the class under Rule 13d-3.

The position includes 14,913,249 outstanding Class A shares, 150,000 earnout shares received on December 12, 2025 that are subject to a one-year lockup, and 250,000 additional earnout shares held in escrow for Infinite Acquisitions. On April 14, 2026, Infinite Acquisitions sold 3,950,000 Class A shares at $13.40 per share, delivered 2,000,000 shares to satisfy obligations under prior redemption agreements, and transferred 100,000 shares to its own shareholders. The reporting persons disclaim beneficial ownership of additional Class A shares that may be issuable upon redemption of Earnout Units.

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Insights

Large Falcon's Beyond holder trims stake but remains a 31% owner.

Infinite Acquisitions Partners LLC and affiliated Erudite Cria, Inc. report beneficial ownership of 15,313,249 Falcon's Beyond Class A shares, or about 31.28% under Rule 13d-3. This Amendment No. 6 updates earlier Schedule 13D filings primarily to reflect sizable April 2026 transactions.

On April 14, 2026, Infinite Acquisitions sold 3,950,000 Class A shares at $13.40 per share, delivered 2,000,000 shares to meet obligations under prior redemption agreements, and transferred 100,000 shares to its own shareholders. Despite these disposals, the group still holds a significant block and retains additional exposure through 150,000 locked-up earnout shares and 250,000 earnout shares in escrow.

The filing also notes potential future issuance of Class A shares tied to Earnout Units, which are excluded from current beneficial ownership. Actual impact on the public float and control profile depends on future redemptions and earnout achievements disclosed in subsequent company communications.

Beneficial ownership 15,313,249 shares Class A common stock beneficially owned under Rule 13d-3
Ownership percentage 31.28% Percent of Class A common stock represented by 15,313,249 shares
Core Class A shares 14,913,249 shares Shares of Falcon's Beyond Class A common stock held by reporting persons
Locked earnout shares 150,000 shares Class A shares received 12/12/2025 upon earnout, subject to 1-year lockup
Escrow earnout shares 250,000 shares Class A earnout shares held in escrow for Infinite Acquisitions
Shares sold 3,950,000 shares Class A shares sold by Infinite Acquisitions on April 14, 2026
Sale price $13.40 per share Price for 3,950,000 Class A shares sold on April 14, 2026
Delivered shares 2,000,000 shares Class A shares delivered to satisfy redemption agreement obligations
beneficially own financial
"the Reporting Persons may each be deemed to beneficially own 15,313,249 shares"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
earnout financial
"shares of Class A Common Stock that are subject to earnout (the "Class A Earnout Shares")"
An earnout is a financial agreement in which part of the purchase price for a business is paid later, based on the company's future performance. It acts like a bonus system, where sellers earn extra money if the business hits certain goals, aligning their interests with the buyer’s success. Investors pay attention to earnouts because they influence the total deal value and can affect the company's future financial health.
lockup financial
"150,000 Class A Common Stock which were received on December 12, 2025 ... subject to an additional 1-year lockup"
A lockup is a contractual restriction that prevents company insiders, early investors, and employees from selling their shares for a fixed period after a public offering or other share issuance. It matters to investors because when that period ends, a sudden increase in available shares can push the stock price down or change trading liquidity; think of it like many homeowners being allowed to list their homes for sale all at once after a temporary sales ban is lifted.
Rule 13d-3 regulatory
"The beneficial ownership percentage was calculated on the basis of Rule 13d-3 of the Exchange Act."
Rule 13d-3 defines who is treated as the beneficial owner of a company’s shares for U.S. securities disclosure rules — essentially anyone who has the power to vote or direct how shares are voted, or the power to buy or sell them, even if they don’t hold the certificates. For investors this matters because crossing certain ownership thresholds triggers public filing and disclosure obligations and signals potential control or influence, much like having the keys to a car implies you can drive it even if it’s registered to someone else.
redemption agreements financial
"to deliver shares of Class A Common Stock pursuant to obligations underlying certain redemption agreements"
Earnout Units financial
"Common Units that were issued as Earnout Units (as defined in Item 3 of this )"





306121104

(CUSIP Number)
Lucas Demerau
c/o Infinite Acquisitions Partners LLC, 2430 Pump Road, #356
Henrico, VA, 23233
407-801-0553

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
04/14/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
The 15,313,249 shares beneficially owned includes (i) 14,913,249 shares of Class A Common Stock of the Issuer (ii) 150,000 Class A Common Stock which were received on December 12, 2025 upon the satisfaction of certain earnout targets and are subject to an additional 1-year lockup from the date such securities were earned, and (iii) 250,000 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. Does not include (i) 4,875,000 Class A Common Stock issuable upon the redemption of an equal number of Common Units that were issued as Earnout Units (as defined in Item 3 of this Schedule 13D) which have been earned but are subject to lockup until December 12, 2026 and (ii) an additional 8,125,000 shares of Class A Common Stock issuable upon the redemption of an equal number of Common Units that were issued as Earnout Units (as defined in Item 3 of this Schedule 13D) which have not yet been earned. The beneficial ownership percentage was calculated on the basis of Rule 13d-3 of the Exchange Act. See Item 5.


SCHEDULE 13D




Comment for Type of Reporting Person:
The 15,313,249 shares beneficially owned includes (i) 14,913,249 shares of Class A Common Stock of the Issuer (ii) 150,000 Class A Common Stock which were received on December 12, 2025 upon the satisfaction of certain earnout targets and are subject to an additional 1-year lockup from the date such securities were earned, and (iii) 250,000 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. Does not include (i) 4,875,000 Class A Common Stock issuable upon the redemption of an equal number of Common Units that were issued as Earnout Units (as defined in Item 3 of this Schedule 13D) which have been earned but are subject to lockup until December 12, 2026 and (ii) an additional 8,125,000 shares of Class A Common Stock issuable upon the redemption of an equal number of Common Units that were issued as Earnout Units (as defined in Item 3 of this Schedule 13D) which have not yet been earned. The beneficial ownership percentage was calculated on the basis of Rule 13d-3 of the Exchange Act. See Item 5.


SCHEDULE 13D


Infinite Acquisitions Partners LLC
Signature:/s/ Lucas Demerau
Name/Title:Lucas Demerau, President
Date:04/15/2026
Erudite Cria, Inc.
Signature:/s/ Lucas Demerau
Name/Title:Lucas Demerau, President
Date:04/15/2026

FAQ

How many Falcon's Beyond (FBYD) shares do Infinite Acquisitions and Erudite Cria now beneficially own?

They report beneficial ownership of 15,313,249 Class A shares, representing about 31.28% of the class under Rule 13d-3. This total includes outstanding shares plus certain earnout and escrowed Class A shares linked to prior transactions.

What large share sale did Infinite Acquisitions report in this Falcon's Beyond (FBYD) Schedule 13D/A?

On April 14, 2026, Infinite Acquisitions sold 3,950,000 Class A shares of Falcon's Beyond at $13.40 per share. This transaction is one of several changes to their holdings disclosed in the amended beneficial ownership filing.

What additional Falcon's Beyond (FBYD) share deliveries did Infinite Acquisitions make on April 14, 2026?

Infinite Acquisitions initiated delivery of 2,000,000 Class A shares to satisfy obligations under earlier redemption agreements with former equityholders. It also transferred 100,000 Class A shares to its own shareholders on the same date as part of its obligations.

How are earnout shares treated in Infinite Acquisitions’ Falcon's Beyond (FBYD) stake?

Their 15,313,249-share position includes 150,000 Class A earnout shares received on December 12, 2025 that are under a one-year lockup and 250,000 Class A earnout shares held in escrow for Infinite Acquisitions’ benefit.

What Falcon's Beyond (FBYD) shares are excluded from the reported 31.28% beneficial ownership?

Excluded are 4,875,000 Class A shares issuable upon redemption of earned but locked-up Earnout Units until December 12, 2026, and an additional 8,125,000 Class A shares tied to Earnout Units that have not yet been earned.

Do the reporting persons claim beneficial ownership of all potential Falcon's Beyond (FBYD) earnout-related shares?

No. The reporting persons disclaim beneficial ownership of Class A shares subject to earnout conditions or issuable upon redemption of Earnout Units, citing Rule 13d-4, even though these instruments could lead to future share issuances.