Home / Going-concern warnings / Falcon's Beyond Global, Inc.

5/5Falcon's Beyond Global, Inc. (FBYD): Going-concern doubt

Filed 2026-03-30 路 Form 10-K 路 Accession 0001193125-26-131874 small

Market data

Price before filing: $9.63 (2026-03-27 close, split/dividend-adjusted)
Market cap at flag: $587.6M (2026-03-30) 路 Latest: $410.4M (2026-10-16)

What happened next

WindowFBYDSPYvs SPY
30 days+71.5%+12.2%+59.3%2026-04-29
90 days+75.5%+17.2%+58.3%2026-06-29
180 days-13.2%+21.4%-34.5%2026-09-28

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: 1 insider sold 2,350,068 shares (1 sale)
30 days after: 1 insider sold 3,950,000 shares (1 sale)

DateInsiderTypeSharesPriceValue10b5-1 planSource
2026-03-09Infinite Acquisitions Partners LLC (+1 joint filer)
10% owner
Sale2,350,068n/an/anoForm 4/A
2026-03-30: red flag filed
2026-04-14Infinite Acquisitions Partners LLC (+1 joint filer)
10% owner
Sale3,950,000n/an/anoForm 4

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-12-30 to 2026-04-29. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"These factors raise substantial doubt about its ability to continue as a going concern."

Quoted from the filing. Source

What this means

The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.

Source: independent auditor report in Form 10-K (period 2025-12-31)

Why this score: in auditor's report

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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