Falcon's Beyond Global Inc-A 2024年度报告

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes☐No☐ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes☐No☐ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filingrequirements for the past 90 days. Yes☐No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 ofRegulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit suchfiles). Yes☐No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, oran emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growthcompany” in Rule 12b-2 of the Exchange Act. Large accelerated filerNon-accelerated filerEmerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internalcontrol over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm thatprepared or issued its audit report.☐ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in thefiling reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensationreceived by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ The aggregate market value of voting and non-voting stock held by non-affiliates of the registrant as of June 30, 2024, the last business day of theregistrant’s most recently completed second fiscal quarter, was approximately $74.9 million, calculated by using the closing price of the registrant’sClass A common stock on such date on the Nasdaq Global Market of $10.46 per share. As of April 3, 2025, there were 37,106,345 shares of the registrant’s Class A common stock, par value $0.0001 per share, and 83,815,937 shares of theregistrant’s Class B common stock, par value $0.0001 per share, issued and outstanding. DOCUMENTS INCORPORATED BY REFERENCE The registrant intends to file a proxy statement pursuant to Regulation 14A within 120 days of the end of the fiscal year ended December 31, 2024.Portions of such proxy statement are incorporated by reference into Part III of this Annual Report on Form 10-K. FALCON’S BEYOND GLOBAL, INC.Table of Contents PageCAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS AND RISKFACTOR SUMMARYiiPART IItem 1.Business1Item1A.Risk Factors14Item1B.Unresolved Staff Comments50Item1C.Cybersecurity50Item 2.Properties51Item 3.Legal Proceedings52Item 4.Mine Safety Disclosures52 PARTIIItem 5.Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases ofEquity Securities53Item 6[Reserved]53Item 7.Management’s Discussion and Analysis of Financial Condition and Results of Operations54Item7A.Quantitative and Qualitative Disclosures About Market Risk72Item 8.Financial Statements and Supplementary Data72Item 9.Changes in and Disagreements with Accountants on Accounting and Financial Disclosure72Item9A.Controls and Procedures72Item9B.Other Information74Item9C.Disclosure Regarding Foreign Jurisdictions that Prevent Inspections.74 IIIItem 10.Directors, Executive Officers and Corporate Governance75Item 11.Executive Compensation75Item 12.Security Ownership of Certain Beneficial Owners and Management and Related StockholderMatters75Item 13.Certain Relationships and Related Transactions, and Director Independence75Item 14.Principal Accountant Fees and Services75 Part IVItem 15.Exhibit and Financial Statement Schedules76Item 16Form 10-K Summary79SIGNATURES77 CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS AND RISKFACTOR SUMMARY This Annual Report on Form 10-K (this “Annual Report”) contains statements that the Company believes are“forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Theseforward-looking sta