Beyond Meat exchanges $15.0 million of 2027 notes for up to 848,265 more shares
Beyond Meat entered into privately negotiated exchange agreements to swap about $15.0 million of its 0% convertible notes due 2027 for common stock at 96% of face value. The company will issue 1,097,444 shares initially, with a possible additional true-up of up to 848,265 shares, which would dilute existing shareholders.
Key points
- About $15.0 million principal of 2027 convertible notes to be exchanged at 96% of face value.
- Initial settlement of 1,097,444 shares on or about September 23, 2026.
- Final true-up settlement, if any, on or about September 28, 2026, for up to 848,265 additional shares.
- Share count depends on a VWAP calculation over three trading days starting September 23, 2026, with a $7.4009 floor price.
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 23, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.