Falcon's Beyond and FAST Acquisition Corp. II Amend Terms of Merger Agreement

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Feb 03, 2023

Falcon%26rsquo%3Bs+Beyond+Global+LLC, (“Falcon’s Beyond” or the “Company”), a leading fully integrated global entertainment development company specializing in intellectual property (“IP”) creation and expansion, and FAST Acquisition Corp. II (“FAST II”) (NYSE: FZT), a special purpose acquisition company founded by Doug Jacob and headed by Sandy Beall, today announced strategic amendments to the terms of their previously announced merger agreement (the “Merger Agreement”). The revised terms seek to align the equity consideration and sponsor economics with shareholders by aligning meaningful transaction consideration to capital raised, financial performance, and share price targets.