New theme park to feature immersive
entertainment and innovative rides and attractions based on the
popular characters of the company’s original Katmandu franchise
Falcon’s Beyond Global, LLC (“Falcon’s Beyond,” “Falcon’s,” or
the “Company”), a leading fully integrated global entertainment
development company specializing in intellectual property (IP)
creation and expansion, announced today details of its forthcoming
world-class theme park, Katmandu Park | Punta Cana. Expected to
open early 2023 in the Dominican Republic, Katmandu Park, conceived
and built by Falcon’s, will feature cutting-edge rides and
attractions that immerse guests in the company’s original,
proprietary franchise, The Hidden Realms of Katmandu.
Katmandu Park | Punta Cana will be brought to life through
immersive storytelling experiences, including four marquee
attractions and the use of several proprietary technologies. As
part of one overarching, episodic Katmandu storyline, these major
rides stand alone while living within the universe of the Katmandu
franchise. Falcon’s Beyond carefully matched the attraction systems
to the chapters in the Katmandu storyline in a way that best
immerses guests in the unfolding adventure, while allowing them to
enjoy each as an independent experience.
“Katmandu Park | Punta Cana will deliver an unprecedented theme
park experience based on the popular characters of our very own
Katmandu fantastical universe,” said Cecil D. Magpuri, CEO of
Falcon’s Beyond. “Through innovative rides and attractions that
deliver unmatched and immersive storytelling, guests will truly
lose themselves in the Hidden Realms of Katmandu. Combined with
other day and night entertainment, dining and shopping, Katmandu
Park will offer an extraordinary experience for families and theme
park lovers in the premier resort location of Punta Cana.”
Katmandu Park | Punta Cana’s signature attractions will
include:
- Voyage of the Fathom Wanderer: The park will feature its
first-ever Suspended Theater attraction, where guests will join
Kilgore Goode on an underwater mission to protect the Hidden Realm
of Azurlan from a sea monster. For this attraction, guests enter
and begin the experience in what appears to be a standard
widescreen theater experience. But, unlike experiences that may
exist in other parks around the world, there is a key element of
surprise: guests are swiftly but elegantly lifted through the air
and placed in front of another giant, compound curved screen,
ushering them inside the story. Riders will soar through epic
adventures, as this unparalleled attraction delivers the unique
sensation of flight in a whole new way.
- Challenge of the Mad Mage: The ON!X Theater attraction
will reimagine the traditional 4D interactive theater with an
impressive array of features seamlessly blended with advanced
technology. Here, an Explorer Mage named Alvis challenges guests to
a blaster duel through the Hidden Realms. A fully interactive
real-time system gives every player the agency to direct the
outcome of the action and even affect the narrative that unfolds
before them on the massive, cinema-style screen, warranting
repeatability to further discover new realms and interactions. A
unique targeting system provides accurate and persistent positional
tracking that not only detects where players aim, but where and how
they move their blasters. Simultaneously, electric motion seats
provide guests with multi-sensory feedback in the form of poking,
tickling, vibration, wind, air blast, water mist, scent, localized
speakers in headrests, and more.
- Legend of the Desirata: A highly sophisticated
attraction typically found only at the world’s biggest theme parks,
the 4D Dark Ride attraction will be an immersive experience that
tells the Katmandu origin story and empowers guests to feel the
thrill of adventure through movement. Seamlessly blending scenic
elements and media, erasing the lines between reality and
imagination, guests follow inventor and explorer Kilgore Goode into
the Himalayas in a dynamically moving vehicle to experience his
journey into the Hidden Realms as he discovers the mysterious
Desirata. The attraction features multiple integrated projection
screens, delivering high-framerate and high-fidelity stereoscopic
3D media content, immersive audio, lighting effects, wind effects
and stunning scenic elements throughout the guest journey. The
action in the rider’s surroundings and on the screens is
choreographed with the vehicle’s movement, making it feel as if the
rider is truly immersed in the story alongside the characters.
- EtherQuest: This interactive walk-through attraction
will make its global debut at Katmandu Park | Punta Cana. The
attraction combines proprietary technologies, elaborate scenic
elements, immersive projection and an interactive gameplay journey
to reimagine a traditional walk-through experience. Several of the
rooms feature projection on all four walls to transport guests from
the halls of “Jadu” (the house of Katmandu) into the Hidden Realms
to defeat powerful Explorer Mages with various interactive props,
find an invaluable EtherMetal ember and get back home. To give
guests the chance to explore, play and influence their experience,
this attraction uses an action-packed interactive walk-through
system, where guests are really the main characters of their own
adventure.
Additional attractions at Katmandu | Park Punta Cana will
include Expedition Golf, a 36-hole mini golf course charting over
mountains and inside caves, High Point Adventure, an outdoor ropes
course experience, and The Quadagon, featuring four unique indoor
climbing courses for both adults and kids. The centerpiece of the
park’s plaza will be the Wheel of Infinite Wonder, a
Katmandu-themed carousel with custom figures inspired by creatures
and characters from the Hidden Realms. The park will offer several
themed food and beverage venues, carnival-style games, retail shops
and an arcade.
Each guest 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 new free-to-use fan loyalty and online game platform
for all ages. Through it, guests will be able to customize their
own BeyondME persona, personalize their avatar, gain 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 will connect to various
digital experiences, such as mobile games, Roblox and online
shopping, to further earn and redeem XP.
The theme park industry has long been dominated by traditional
“mega park” experiences – attractions scattered across a massive
footprint. With Katmandu Park, Falcon’s will offer a revolutionary
alternative through a “Big Experience/Small Footprint” theme park
concept, offering world-class experiences in a smaller landscape.
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, will debut in December
2022 and is located just steps away from the park.
Following Punta Cana, Falcon’s is expected to open Katmandu
Parks in locations across the globe, including: Tenerife, Canary
Islands, scheduled to open in 2024; Playa Del Carmen, Mexico,
scheduled to open in 2025; and Puerto Vallarta, Mexico, with an
opening date to be announced.
The Punta Cana park expands upon the original Katmandu Park that
opened in Mallorca, Spain in 2012 to complement the beach holiday
experience and has since introduced millions of guests to
Katmandu’s whimsical universe. The Punta Cana location evolves the
original concept with proprietary attraction technologies and
immersive story concepts and is the latest step in Falcon’s mission
to activate the Katmandu franchise across all forms of
entertainment, including entertainment content, consumer products,
and of course, themed location-based entertainment
destinations.
The unveiling of Katmandu Park | Punta Cana follows other recent
transformative news from Falcon’s Beyond. On July 12, 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
This communication relates to the proposed business combination
between FAST II and Falcon’s Beyond. This communication does not
constitute an offer to sell or exchange, or the solicitation of an
offer to buy or exchange, any securities, nor shall there be any
sale of securities in any jurisdiction in which such offer, sale or
exchange would be unlawful prior to registration or qualification
under the securities laws of any such jurisdiction. Falcon’s Beyond
intends to file a Registration Statement on Form S-4 with the SEC,
which will include a document that serves as a joint prospectus of
Falcon’s Beyond 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 Falcon’s Beyond 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 Falcon’s Beyond 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 Falcon’s Beyond 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, Falcon’s Beyond and their respective directors and
executive officers may be deemed to be participants in the
solicitation of proxies from FAST II’s shareholders in connection
with the proposed business combination. You can find information
about FAST II’s directors and executive officers and their interest
in FAST II can be found in FAST II’s Annual Report on Form 10-K for
the fiscal year ended December 31, 2021, which was filed with the
SEC on March 29, 2022. A list of the names of the directors,
executive officers, other members of management and employees of
FAST II and Falcon’s Beyond, as well as information regarding their
interests in the business combination, will be contained in the
Registration Statement on Form S-4 to be filed with the SEC by
Falcon’s Beyond. Additional information regarding the interests of
such potential participants in the solicitation process may also be
included in other relevant documents when they are filed with the
SEC. You may obtain free copies of these documents from the sources
indicated above.
No Offer or Solicitation
This communication does not constitute an offer to sell or the
solicitation of an offer to buy any securities, or a solicitation
of any vote or approval, nor shall there be any sale of securities
in any jurisdiction in which such offer, solicitation or sale would
be unlawful prior to registration or qualification under the
securities laws of any such jurisdiction. No offering of securities
shall be made except by means of a prospectus meeting the
requirements of Section 10 of the Securities Act, or an exemption
therefrom.
Caution About Forward-Looking Statements
This communication includes forward-looking statements. These
forward-looking statements are based on Falcon’s Beyond’s and FAST
II’s expectations and beliefs concerning future events and involve
risks and uncertainties that may cause actual results to differ
materially from current expectations. These factors are difficult
to predict accurately and may be beyond Falcon’s Beyond’s and FAST
II’s control. Forward-looking statements in this communication or
elsewhere speak only as of the date made. New uncertainties and
risks arise from time to time, and it is impossible for Falcon’s
Beyond or FAST II to predict these events or how they may affect
Falcon’s Beyond or FAST II. Except as required by law, neither
Falcon’s Beyond nor FAST II has any duty to, and does not intend
to, update or revise the forward-looking statements in this
communication or elsewhere after the date this communication is
issued. In light of these risks and uncertainties, investors should
keep in mind that results, events or developments discussed in any
forward-looking statement made in this communication may not occur.
Words such as “expect,” “estimate,” “project,” “budget,”
“forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,”
“should,” “believe,” “predict,” “potential,” “continue,” and
similar expressions are intended to identify such forward-looking
statements. These forward-looking statements include, without
limitation, Falcon’s expectations about the openings of new
Falcon’s destinations and the details of the attractions at
Katmandu Park | Punta Cana, as well as FAST II’s and Falcon’s
Beyond’s expectations with respect to the closing of the business
combination and the listing of the combined company on Nasdaq.
These forward-looking statements involve significant risks and
uncertainties that could cause actual results to differ materially
from expected results, including factors that are outside of FAST
II’s and Falcon’s Beyond’s control and that are difficult to
predict. Factors that may cause such differences include, but are
not limited to construction delays, the ability to procure
necessary permits or authorizations, or acts of nature that impede
progress for any openings, as well as: (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 any of its
subsidiaries following the announcement of the Merger Agreement and
the transactions contemplated therein, (3) the inability of the
parties to successfully or timely consummate the business
combination or the other transactions contemplated by the Merger
Agreement, including the risk that any regulatory approvals or the
SEC’s declaration of the effectiveness of the proxy
statement/prospectus relating to the transaction are not obtained,
are delayed or are subject to unanticipated conditions that could
adversely affect Falcon’s Beyond or the expected benefits of the
transactions contemplated by the Merger Agreement or that the
approval of the requisite equity holders of Falcon’s Beyond 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 business combination or
the other transactions contemplated by the Merger Agreement disrupt
current plans and operations as a result of the announcement and
consummation thereof, (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 business
combination or the other transactions contemplated by the Merger
Agreement; (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 business and the timing
of expected business milestones; (11) the effects of competition on
Falcon’s Beyond business; (12) the risk that the business
combination or the other transactions contemplated by the Merger
Agreement may not be completed by FAST II’s deadline and the
potential failure to obtain an extension of its business
combination deadline if sought by FAST II, (13) the amount of
redemption requests made by stockholders of FAST II; (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 business combination or the other transactions
contemplated by the Merger Agreement 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20221012005261/en/
Media: DKC Public Relations Falcons@dkcnews.com
Investor Relations: Brett Milotte, ICR
FalconsBeyondIR@icrinc.com
FAST Acquisition Corp II (NYSE:FZT)
Historical Stock Chart
From Sep 2024 to Oct 2024
FAST Acquisition Corp II (NYSE:FZT)
Historical Stock Chart
From Oct 2023 to Oct 2024