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NEWS
Falcon’s Beyond, raises US$100m and begins trading on Nasdaq
POSTED 22 Oct 2023 . BY Tom Walker
Falcon's Beyond operates visitor attractions and hotels, as well as delivers entertainment experiences at theme parks Credit: Falcon's Beyond
Falcon’s Beyond Global has begun trading on the Nasdaq stock exchange, after raising more than US$100 million to support its growth strategy and completing a business combination with Fast Acquisition Corp.

The company – which operates visitor attractions and hotels, as well as delivers entertainment experiences at theme parks through a wide range of products, platforms and IP – is now trading on Nasdaq under the ticker symbols “FBYD,” “FBYDP” and “FBYDW".

Listing on the stock exchange is part of the company's long-term growth strategy.

Falcon’s Beyond’s executive chair and co-founder, Scott Demerau, said: "“Listing on Nasdaq is not only a momentous occasion for Falcon’s Beyond, it also enables us to scale globally and continue delivering some of the most innovative entertainment experiences in the world.

“As a publicly traded company, we are well-positioned to continue expanding our IP and leverage critical partnerships, including our joint venture with Meliá Hotels International, our partner that provides critical access to real estate, as well as our joint venture with Raging Power Limited, an arm of K11, the Hong Kong-based cultural commerce giant.

"This transaction is a game changer for our business as we look to capitalize on
significant white space opportunities in front of us.”

Through their joint venture, Falcon's Beyond and Raging Power are developing and launching new entertainment franchises and location-based entertainment attractions across China.

The first project from this joint venture will be “Vquarium,” an ocean adventure-themed experience designed to be a new breed of location-based “retailtainment” – set to debut at Hong Kong’s iconic 11 SKIES development in 2025.

The group's existing visitor attractions, which it operates under its Falcon’s Beyond Destinations arm, include Katmandu Park in Punta Cana in the Dominican Republic and the Sol Katmandu Park & Resort on the island of Mallorca, Spain.
RELATED STORIES
  Falcon’s Beyond reveals details for Katmandu theme park in Punta Cana


Falcon’s Beyond has revealed further details for a theme park it is developing in Punta Cana, the Dominican Republic.
MORE NEWS
Merlin unveils record-breaking Hyperia coaster at Thorpe Park
Merlin Entertainments has launched its new Hyperia rollercoaster at Thorpe Park to celebrate its 45th year.
Second Chaos Karts launches in Dubai
Live action video game experience Chaos Karts has launched in a 15,000sq ft arena in Al Quoz, Dubai.
Vietnam Van Gogh exhibition uses VIOSO-powered immersive installations
Twenty-five cameras, nine servers, 70 projectors and a range of AV technologies are being used to bring the art of Van Gogh to life in Ho Chi Minh City, Vietnam.
Use of cinematography techniques significantly increases engagement with VR
A study has found that the use of cinematic and video editing techniques can drastically increase the aesthetic appeal and user engagement of virtual reality environments.
+ More news   

COMPANY PROFILES
Sally Corporation

Our services include: Dark ride design & build; Redevelopment of existing attractions; High-quality [more...]
iPlayCO

iPlayCo was established in 1999. [more...]
IAAPA EMEA

IAAPA Expo Europe was established in 2006 and has grown to the largest international conference and [more...]
Taylor Made Designs

Taylor Made Designs (TMD) has been supplying the Attractions, Holiday Park, Zoos and Theme Park mark [more...]
+ More profiles  
FEATURED SUPPLIER

National Attractions Marketing Conference – an injection of adrenaline for UK attractions
The National Attractions Marketing Conference will see speakers representing some of the UK’s top visitor attractions and best-in-class marketing agencies gather on 6 June at Drayton Manor Theme Park & Resort in Staffordshire. [more...]
CATALOGUE GALLERY
 

+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

06-06 Jun 2024

National Attractions Marketing Conference

Drayton Manor Theme Park & Resort, Tamworth, United Kingdom
06-07 Jun 2024

World Sauna Forum 2024

Sataman Viilu , Jyväskylä, Finland
+ More diary  
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©Cybertrek 2024
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NEWS
Falcon’s Beyond, raises US$100m and begins trading on Nasdaq
POSTED 22 Oct 2023 . BY Tom Walker
Falcon's Beyond operates visitor attractions and hotels, as well as delivers entertainment experiences at theme parks Credit: Falcon's Beyond
Falcon’s Beyond Global has begun trading on the Nasdaq stock exchange, after raising more than US$100 million to support its growth strategy and completing a business combination with Fast Acquisition Corp.

The company – which operates visitor attractions and hotels, as well as delivers entertainment experiences at theme parks through a wide range of products, platforms and IP – is now trading on Nasdaq under the ticker symbols “FBYD,” “FBYDP” and “FBYDW".

Listing on the stock exchange is part of the company's long-term growth strategy.

Falcon’s Beyond’s executive chair and co-founder, Scott Demerau, said: "“Listing on Nasdaq is not only a momentous occasion for Falcon’s Beyond, it also enables us to scale globally and continue delivering some of the most innovative entertainment experiences in the world.

“As a publicly traded company, we are well-positioned to continue expanding our IP and leverage critical partnerships, including our joint venture with Meliá Hotels International, our partner that provides critical access to real estate, as well as our joint venture with Raging Power Limited, an arm of K11, the Hong Kong-based cultural commerce giant.

"This transaction is a game changer for our business as we look to capitalize on
significant white space opportunities in front of us.”

Through their joint venture, Falcon's Beyond and Raging Power are developing and launching new entertainment franchises and location-based entertainment attractions across China.

The first project from this joint venture will be “Vquarium,” an ocean adventure-themed experience designed to be a new breed of location-based “retailtainment” – set to debut at Hong Kong’s iconic 11 SKIES development in 2025.

The group's existing visitor attractions, which it operates under its Falcon’s Beyond Destinations arm, include Katmandu Park in Punta Cana in the Dominican Republic and the Sol Katmandu Park & Resort on the island of Mallorca, Spain.
RELATED STORIES
Falcon’s Beyond reveals details for Katmandu theme park in Punta Cana


Falcon’s Beyond has revealed further details for a theme park it is developing in Punta Cana, the Dominican Republic.
MORE NEWS
Merlin unveils record-breaking Hyperia coaster at Thorpe Park
Merlin Entertainments has launched its new Hyperia rollercoaster at Thorpe Park to celebrate its 45th year.
Second Chaos Karts launches in Dubai
Live action video game experience Chaos Karts has launched in a 15,000sq ft arena in Al Quoz, Dubai.
Vietnam Van Gogh exhibition uses VIOSO-powered immersive installations
Twenty-five cameras, nine servers, 70 projectors and a range of AV technologies are being used to bring the art of Van Gogh to life in Ho Chi Minh City, Vietnam.
Use of cinematography techniques significantly increases engagement with VR
A study has found that the use of cinematic and video editing techniques can drastically increase the aesthetic appeal and user engagement of virtual reality environments.
Disneyland Paris renames theme park as part of $2 billion transformation
Disneyland Paris has unveiled a new name for Walt Disney Studios Park as part of the park’s US$2 billion transformation.
UK's Royal attractions had a bumper year in 2023
Numbers from the Association of Leading Visitor Attractions, (ALVA) show that Royal attractions saw a huge increase in visitor numbers during 2023 – the coronation year of King Charles III.
+ More news   
 
COMPANY PROFILES
Sally Corporation

Our services include: Dark ride design & build; Redevelopment of existing attractions; High-quality [more...]
iPlayCO

iPlayCo was established in 1999. [more...]
IAAPA EMEA

IAAPA Expo Europe was established in 2006 and has grown to the largest international conference and [more...]
Taylor Made Designs

Taylor Made Designs (TMD) has been supplying the Attractions, Holiday Park, Zoos and Theme Park mark [more...]
+ More profiles  
FEATURED SUPPLIER

National Attractions Marketing Conference – an injection of adrenaline for UK attractions
The National Attractions Marketing Conference will see speakers representing some of the UK’s top visitor attractions and best-in-class marketing agencies gather on 6 June at Drayton Manor Theme Park & Resort in Staffordshire. [more...]
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

06-06 Jun 2024

National Attractions Marketing Conference

Drayton Manor Theme Park & Resort, Tamworth, United Kingdom
06-07 Jun 2024

World Sauna Forum 2024

Sataman Viilu , Jyväskylä, Finland
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
ATTRACTIONS MANAGEMENT NEWS
ATTRACTIONS HANDBOOK
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS