Beyond Meat Inc. announced the expiration of lock-up restrictions on 316,150,176 shares of common stock issued as part of an exchange offer for its 0% Convertible Senior Notes due 2027. Holders of the convertible notes who participated in the exchange offer were previously restricted from selling or transferring most of their new shares until 5:00 p.m. New York City time on October 16, 2025. With the expiration of these restrictions, holders are now permitted to sell any or all of the new shares received in the exchange offer. The newly unrestricted shares are expected to be transferred into the company's regular trading CUSIP on October 17, 2025, following standard settlement procedures.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beyond Meat Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9547189-en) on October 16, 2025, and is solely responsible for the information contained therein.