FAST Acquisition Corp. II, a special purchase acquisition company, announced that it filed with the state of Delaware an amendment to its charter to extend the date by which the company must consummate an initial business combination from March 18, 2023 to June 18, 2023, and to allow the company, without another stockholder vote, by resolution of the company’s board, to elect to further extend this date in one-month increments, up to four additional times, for a total potential extension of up to seven months. The Extension was approved at a special meeting of stockholders held on March 3, 2023 and provides FAST II with additional time to complete its previously announced proposed business combination with Falcon’s Beyond Global LLC, a fully integrated global entertainment development company specializing in intellectual property creation and expansion. Doug Jacob, Founder of FAST II, commented, "We are pleased to move forward with the Falcon’s Beyond team who continue to prove to be great partners and have built a compelling business that we believe is poised to capitalize on its portfolio of brick-and-mortar assets, intellectual property and best-in-class design services."
Published first on TheFly
