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Beyond Meat announces 572.7784 shares per $1,000 conversion rate

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Beyond Meat disclosed the initial conversion terms for its 7.00% Convertible Senior Secured Second Lien PIK Toggle Notes due 2030. Each $1,000 principal amount is initially convertible into 572.7784 shares of common stock, implying a conversion price of approximately $1.7459 per share. This sets the baseline for how noteholders could exchange debt into equity under the notes’ terms.

Positive

  • None.

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Insights

BYND set an explicit conversion rate and price for its 2030 notes.

Beyond Meat specified that each $1,000 of its 7.00% Convertible Senior Secured Second Lien PIK Toggle Notes due 2030 converts into 572.7784 common shares, equating to a conversion price of about $1.7459 per share. This defines the exchange ratio between debt and equity.

The disclosure clarifies mechanics but does not itself change cash balances. Any future conversion activity would depend on noteholder decisions and market conditions relative to the stated conversion price.

false 0001655210 0001655210 2025-11-14 2025-11-14
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of Earliest Event Reported): November 14, 2025

 

 

BEYOND MEAT, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-38879   26-4087597

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification Number)

 

888 N. Douglas Street, Suite 100
El Segundo, California 90245
(Address of principal executive offices, including zip code)

 

(866) 756-4112
(Registrant’s telephone number, including area code)

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

Pre-commencement communications pursuant to Rule 13-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading
Symbol(s)

 

Name of each exchange
on which registered

Common Stock, $0.0001 par value   BYND   The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company      

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

 

 
 


Item 8.01

Other Events.

On November 14, 2025, Beyond Meat, Inc. (the “Company”) issued a press release announcing the initial conversion rate for its 7.00% Convertible Senior Secured Second Lien PIK Toggle Notes due 2030 (the “2030 Convertible Notes”) will be 572.7784 shares of the Company’s common stock per $1,000 principal amount of the 2030 Convertible Notes, which represents a conversion price of approximately $1.7459 per share of common stock.

The full text of the press release is filed herewith as Exhibit 99.1 and incorporated herein by reference.

 

Item 9.01

Financial Statements and Exhibits.

(d) Exhibits

 

Exhibit

Number

  

Description

99.1    Press release of Beyond Meat, Inc. dated November 14, 2025
104    Cover page interactive data file (embedded with the inline XBRL document)

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

BEYOND MEAT, INC.
By:  

/s/ Lubi Kutua

  Lubi Kutua
  Chief Financial Officer and Treasurer

Date: November 14, 2025

FAQ

What did BYND announce in this 8-K?

Beyond Meat set the initial conversion terms for its 7.00% Convertible Senior Secured Second Lien PIK Toggle Notes due 2030.

What is the BYND note conversion rate?

Each $1,000 principal amount is initially convertible into 572.7784 shares of common stock.

What is the implied conversion price for BYND?

The conversion price is approximately $1.7459 per share.

Which BYND securities are affected?

The 7.00% Convertible Senior Secured Second Lien PIK Toggle Notes due 2030.

Does BYND receive cash from this announcement?

The disclosure sets conversion terms; it does not describe cash proceeds.
Beyond Meat

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