Falcon's Beyond Global, Inc. [FBYDW]
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This is a warrant security that gives holders the right to purchase shares of Falcon's Beyond Global, Inc. common stock at a predetermined price within a specified timeframe. Warrants are derivative securities typically issued in conjunction with other securities such as bonds or preferred stock, or as part of a financing transaction. The value of these warrants fluctuates based on the underlying stock price of Falcon's Beyond Global, the exercise price, time remaining until expiration, and market volatility. Warrant holders do not have voting rights or receive dividends unless they exercise the warrants and acquire the underlying common stock.