On sale now are tickets to new world-class
theme park featuring immersive entertainment and innovative rides
and attractions based on the popular characters of the company’s
original Katmandu franchise
Falcon’s Beyond (“Falcon’s” or the “Company”), a leading fully
integrated global entertainment development company specializing in
intellectual property (IP) creation and expansion, today announced
that Katmandu Park | Punta Cana, its forthcoming world-class theme
park, will officially open to the public on March 15, 2023 with
tickets on sale now. The new park in the Dominican Republic
features cutting-edge, first-of-its-kind rides and attractions that
immerse guests in the company’s original, proprietary franchise,
The Hidden Realms of Katmandu.
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the full release here:
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Falcon’s Beyond Announces March 15
Opening of Caribbean’s First World-Class Theme Park, Katmandu Park
| Punta Cana (Photo: Business Wire)
Katmandu Park | Punta Cana will feature a variety of flexible
ticket options, including:
- 1-use Pass ($120 per Adult and $85 per Child): This pass
provides guests with one-time access to all attractions and rides
across the park -- from Voyage of the Fathom Wanderer to EtherQuest
– on any day until the pass is fully used. The pass will remain
valid until guests have visited each attraction at the park one
time.
- VIP Pass ($225 per Adult and $140 per Child): The VIP
pass enables guests to experience all park attractions on any day
until the pass is fully used. In addition to access to all
attractions, guests are treated to an extra 18 holes of Expedition
Golf, VIP Parking, a complimentary locker, and a $75 credit to
spend in the park.
- Katmandu Pass ($120 per Adult and $85 per Child): Guests
with the Katmandu Pass can experience all attractions once in one
day with transportation from select pick-up areas included.
Guests who purchase advance tickets February 13 through March 15
will receive a complimentary, one-time early access pass, providing
a sneak preview of select attractions at the park, prior to its
official opening.
“We’re absolutely thrilled to announce the opening date for
Katmandu Park | Punta Cana, which seamlessly blends
first-of-its-kind immersive entertainment and attractions with
premium hospitality, for the ultimate escape. We have structured
ticketing in a way that offers fans the flexibility to explore the
park however works best for their vacation, whether they want to
visit once or return every day,” said Cecil D. Magpuri, CEO of
Falcon’s Beyond. “Being at the forefront of experiential innovation
is a core value for Falcon’s Beyond and we look forward to
providing guests with an experience that helps them create their
own adventures in our immersive destinations.”
The first of several new Katmandu Parks planned around the
globe, Katmandu Park | Punta Cana is brought to life through
immersive storytelling experiences, including four marquee
attractions: Voyage of the Fathom Wanderer, a first-ever Suspended
Theater attraction where riders soar through an epic adventure;
Legend of the Desirata, a thrilling 4D Dark Ride that tells the
Katmandu origin story; Challenge of the Mad Mage, an ON!X Theater
attraction that reimagines the traditional 4D interactive theater
with an impressive array of features seamlessly blended with
advanced technology; and EtherQuest, an action-packed interactive
walk-through attraction where guests are the main characters of
their own adventure. Additional attractions at the park include:
Expedition Golf, a 36-hole mini golf course charting over mountains
and inside caves; High Point Adventure, an outdoor ropes course
experience; The Quadagon, featuring four unique indoor climbing
courses for both adults and kids; and the centerpiece of the park’s
plaza, the Wheel of Infinite Wonder, a Katmandu-themed carousel
with custom figures inspired by creatures and characters from The
Hidden Realms. The park offers several themed food and beverage
venues, carnival-style games, retail shops and an arcade.
Guests of Katmandu Park | Punta Cana will receive a smart
wristband that carries their attraction passes, enables cashless
payments and grants them their own unique and virtual identity with
BeyondME, a free-to-use fan loyalty and online game platform for
all ages. Through it, guests can customize their own BeyondME
persona, personalize their avatar, earn and spend experience points
as virtual currency called XP, and level up their status for
additional benefits. In addition to the real-life experiences
inside the park, BeyondME connects to various digital experiences,
such as mobile games, Roblox and online shopping, to further earn
and redeem XP.
Katmandu Parks will be connected to premier resort destinations,
providing consumers a unique “resortainment” hospitality experience
that seamlessly blends extraordinary entertainment experiences with
premium resort amenities. The first of these new resorts, Falcon’s
Resort by Meliá | All Suites Punta Cana, is located just steps away
from the park. Following Punta Cana, Falcon’s is expected to expand
Katmandu Park to locations across the globe, including: Tenerife,
Canary Islands, and Mexico.
The opening of Katmandu Park | Punta Cana follows other recent
transformative news from Falcon’s Beyond. Last year, Falcon’s
Beyond announced plans to become a publicly listed company on
Nasdaq through a definitive merger agreement with FAST Acquisition
Corp. II (“FAST II”) (NYSE: FZT), a special purpose acquisition
company founded by Doug Jacob and headed by Sandy Beall. Upon the
closing of the transaction, the new combined company will be named
“Falcon’s Beyond Global, Inc.” and is expected to be listed on
Nasdaq under the ticker symbol “FBYD.” More information about the
transaction can be found in the Investor Relations section of
Falcon’s website.
About Falcon’s Beyond
Headquartered in Orlando, Florida, Falcon's Beyond is a fully
integrated, top-tier experiential entertainment development
enterprise focusing on a 360° IP Expander model. The Company brings
its own proprietary and partner IPs to global markets through owned
and operated theme parks, resorts, attractions, patented
technologies, feature films, episodic series, consumer products,
licensing, and beyond. The Company has won numerous design awards
and provided design services in 27 countries around the world,
turning imagined worlds into reality.
Additional Information
In connection with the proposed transaction, Falcon’s Beyond
Global, Inc. (“Pubco”) intends to file with the U.S. Securities and
Exchange Commission (the “SEC”) a registration statement on Form
S-4 (the “Registration Statement”), which will include a document
that serves as a joint prospectus of Pubco and proxy statement of
FAST II, referred to as a proxy statement/prospectus. A proxy
statement/prospectus will be sent to all FAST II shareholders. No
offering of securities shall be made except by means of a
prospectus meeting the requirements of Section 10 of the Securities
Act of 1933, as amended, or an exemption therefrom. FAST II and
Pubco will also file other documents regarding the proposed
business combination with the SEC. BEFORE MAKING ANY VOTING
DECISION, INVESTORS AND SECURITY HOLDERS OF FAST II ARE URGED TO
READ THE REGISTRATION STATEMENT, THE PROXY STATEMENT/PROSPECTUS AND
ALL OTHER RELEVANT DOCUMENTS FILED OR THAT WILL BE FILED WITH THE
SEC IN CONNECTION WITH THE PROPOSED BUSINESS COMBINATION AS THEY
BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION
ABOUT THE PROPOSED BUSINESS COMBINATION. Investors and security
holders will be able to obtain free copies of the registration
statement, the proxy statement/prospectus and all other relevant
documents filed or that will be filed with the SEC by FAST II or
Pubco through the website maintained by the SEC at www.sec.gov. The
documents filed by FAST II with the SEC also may be obtained free
of charge upon written request to 109 Old Branchville Road
Ridgefield, CT 06877. The documents filed by Pubco with the SEC may
also be obtained free of charge upon written request to 6996 Piazza
Grande Avenue, Suite 301, Orlando, FL 32835.
Participants in the Solicitations
FAST II and its directors and executive officers may be deemed
participants in the solicitation of proxies from FAST II’s
stockholders with respect to the proposed business combination. A
list of the names of those directors and executive officers and a
description of their interests in FAST II is contained in FAST II’s
final prospectus related to its initial public offering dated March
15, 2021, which was filed with the SEC and is available free of
charge at the SEC’s website at www.sec.gov. Additional information
regarding the interests of such participants will be contained in
the Registration Statement for the proposed business combination
when available.
The Company and its directors and executive officers may also be
deemed to be participants in the solicitation of proxies from the
stockholders of FAST II in connection with the proposed business
combination. A list of the names of such directors and executive
officers and information regarding their interests in the proposed
business combination will be included in the Registration Statement
for the proposed business combination available.
No Offer or Solicitation
This press release is for informational purposes only and shall
not constitute a solicitation of a proxy, consent or authorization
with respect to any securities or in respect of the proposed
business combination and shall not constitute an offer to sell or a
solicitation of an offer to buy any securities, nor shall there be
any sale of securities in any state or jurisdiction in which such
offer, solicitation, or sale would be unlawful prior to
registration or qualification under the securities laws of such
state or jurisdiction. No offering of securities shall be made
except by means of a prospectus meeting the requirements of Section
10 the Securities Act of 1933, as amended, or an exemption
therefrom.
Caution About Forward-Looking Statements
This press release includes certain statements that are not
historical facts but are forward-looking statements for purposes of
the safe harbor provisions under the United States Private
Securities Litigation Reform Act of 1995. Forward-looking
statements generally are accompanied by words such as “believe,”
“may,” “will,” “estimate,” “continue,” “anticipate,” “intend,”
“expect,” “should,” “would,” “plan,” “predict,” “potential,”
“seem,” “seek,” “future,” “outlook,” and similar expressions that
predict or indicate future events or trends or that are not
statements of historical matters.
These forward-looking statements include, but are not limited
to, the expectation that the proposed transaction will occur, the
anticipated timing and benefits associated with the opening of
Falcon’s Central, Katmandu Park, and Falcon’s Resort by Meliá | All
Suites Punta Cana, as well as the expected expansion of Katmandu
Park to Tenerife, Canary Islands, and Mexico. These statements are
based on various assumptions and on the current expectations of the
Company and FAST II and are not predictions of actual performance.
These forward-looking statements are provided for illustrative
purposes only and are not intended to serve as and should not be
relied on by an investor or others as, a guarantee, an assurance, a
prediction, or a definitive statement of fact or probability.
Actual events and circumstances are difficult or impossible to
predict and will differ from assumptions. Many actual events and
circumstances are beyond the control of Falcon’s Beyond and FAST
II. These forward-looking statements are subject to a number of
risks and uncertainties, including, but not limited to, the
likelihood of which could be adversely affected by (1) changes in
domestic and foreign business, market, financial, political, and
legal conditions in general and in the entertainment industry in
particular; (2) the outcome of any legal proceedings that may be
instituted against FAST II, Falcon’s Beyond or Pubco following the
announcement of the proposed business combination, (3) the
inability of the parties to successfully or timely consummate the
proposed business combination, including the risk that any
regulatory approvals or the SEC’s declaration of the effectiveness
of our prospectus/proxy statement are not obtained, are delayed or
are subject to unanticipated conditions that could adversely affect
Falcon’s Beyond or the expected benefits of the proposed
transaction or that the approval of the requisite equity holders of
FAST II is not obtained; (4) the occurrence of any event, change or
other circumstance that could give rise to the termination of the
merger agreement, (5) volatility in the price of FAST II’s or
Falcon’s Beyond’s securities, (6) the risk that the proposed
business combination disrupts current plans and operations as a
result of the announcement and consummation of the business
combination, (7) the enforceability of Falcon’s Beyond’s
intellectual property, including its patents, and the potential
infringement on the intellectual property rights of others, cyber
security risks or potential breaches of data security, (8) any
failure to realize the anticipated benefits of the proposed
transaction; (9) risks relating to the uncertainty of the projected
financial information with respect to Falcon’s Beyond; (10) risks
related to the rollout of Falcon’s Beyond's business and the timing
of expected business milestones; (11) the effects of competition on
Falcon’s Beyond's business; (12) the risk that the proposed
business combination may not be completed by FAST II’s business
combination deadline and the potential failure to obtain an
extension of the business combination deadline if sought by FAST
II, (13) the amount of redemption requests made by FAST II's
stockholders; (14) the ability of FAST II or Falcon’s Beyond to
issue equity or equity-linked securities or obtain debt financing
in connection with the proposed transaction or in the future; (15)
and those factors discussed in FAST II's final prospectus dated
March 15, 2021 under the heading "Risk Factors," and other
documents FAST II has filed, or will file, with the SEC. If any of
these risks materialize or our assumptions prove incorrect, actual
results could differ materially from the results implied by these
forward-looking statements. There may be additional risks that
neither FAST II nor Falcon’s Beyond presently know, or that FAST II
or Falcon’s Beyond currently believe are immaterial, that could
also cause actual results to differ from those contained in the
forward-looking statements. In addition, the forward-looking
statements reflect FAST II's and Falcon’s Beyond's expectations,
plans, or forecasts of future events and views as of the date of
this press release. FAST II and Falcon’s Beyond anticipate that
subsequent events and developments will cause FAST II's and
Falcon’s Beyond's assessments to change. However, while FAST II and
Falcon’s Beyond may elect to update these forward-looking
statements at some point in the future, FAST II and Falcon’s Beyond
specifically disclaim any obligation to do so. These
forward-looking statements should not be relied upon as a
representation of FAST II's and Falcon’s Beyond's assessments as of
any date subsequent to the date of this press release. Accordingly,
undue reliance should not be placed upon the forward-looking
statements.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230213005200/en/
Media: DKC Public Relations Falcons@dkcnews.com
Investor Relations: Brett Milotte, ICR
FalconsBeyondIR@icrinc.com
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