Beyond Meat Announces 1-for-30 Reverse Stock Split to Regain Nasdaq Compliance
$BYND · BEYOND MEAT, INC.Research Summary
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Beyond Meat Announces 1-for-30 Reverse Stock Split to Regain Nasdaq Compliance
What Happened Beyond Meat, Inc. announced a 1-for-30 reverse stock split of its common stock, effective at 11:59 p.m. Eastern Time on August 13, 2026, by filing a Certificate of Amendment to its charter. The company also proportionately reduced the number of authorized shares of common stock (and total authorized capital). The Common Stock is expected to trade on a split-adjusted basis on the Nasdaq Global Select Market at market open on August 14, 2026 under the existing ticker “BYND” with a new CUSIP (08862E307). Convertible notes, warrants and outstanding equity awards were adjusted proportionately per their terms.
Key Details
- Reverse split ratio: 1-for-30; effective Aug 13, 2026 at 11:59 p.m. ET.
- Authorized shares reduced: Common stock from 3,000,000,000 to 100,000,000; total authorized capital stock from 3,000,500,000 to 100,500,000.
- Trading: split-adjusted trading expected to begin Aug 14, 2026 (same symbol BYND), new CUSIP 08862E307.
- Mechanics: no fractional shares issued to holders of record — fractions will be rounded up to the nearest whole share at the holder or DTC participant level; brokers may follow their own procedures. Convertible notes (including 7.00% 2030 and 0% 2027 notes), warrants and equity plan awards were adjusted proportionately.
Why It Matters The reverse split is intended to raise the per-share trading price so Beyond Meat can attempt to meet Nasdaq’s $1.00 minimum bid price requirement (must be $1.00 for 10 consecutive business days before the compliance date of August 31, 2026). If successful, it may help the company avoid delisting; however, the filing notes there is no assurance the company will regain or maintain compliance. The split reduces the number of shares outstanding per holder and changes conversion/exercise ratios, which can affect share counts, dilution dynamics and trading liquidity. Investors should note the new CUSIP and watch ongoing trading and regulatory notices for whether Nasdaq compliance is regained. The company included standard forward-looking statements and cautioned actual results may differ.