Beyond Meat, Inc. Reports Stockholder Approval of Share Increase and Equity Plan

Summary

Beyond Meat, Inc. stockholders approved key corporate actions at a Special Meeting on November 19, 2025. They approved an amendment to the 2018 Equity Incentive Plan, increasing shares authorized for issuance, including for key employee awards. Stockholders also approved a Charter Amendment, effective November 19, 2025, to increase the total authorized Common Stock from 500,000,000 to 3,000,000,000 shares (via Ex. 3.1). This increase supports the conversion of newly issued 7.00% Convertible Senior Secured Second Lien PIK Toggle Notes due 2030 ("New Notes") and the Restated Plan. Additionally, stockholders approved the potential issuance of shares upon conversion of up to $215.0 million in New Notes, which would exceed 20% of outstanding shares.

Why It Matters

These filing summaries are free and always will be. If this helped you spot material events, consider supporting us.

Key Quote

“Proposal 1: The Company's stockholders voted to approve, in accordance with Nasdaq Listing Rule 5635(d), the potential issuance of shares of Common Stock, upon conversion or equitization of up to $215.”

— From Item 5.07

Filing Details