Beyond Meat 1-for-30 Reverse Stock Split

Beyond Meat, Inc. (NASDAQ: BYND) announced on August 11, 2026 that its board of directors selected a 1-for-30 reverse stock split of its common stock, which was approved by stockholders at a special meeting on November 19, 2025. The reverse stock split became effective at 11:59 p.m. Eastern Time on August 13, 2026, and shares began trading on a split-adjusted basis on the Nasdaq Global Select Market on August 14, 2026 under the existing ticker symbol 'BYND' with a new CUSIP number. Every 30 shares of common stock were combined into one share, and the number of authorized shares was reduced from 3 billion to 100 million. The company also proportionately adjusted the conversion rates of its outstanding convertible notes, warrants, and equity awards. The reverse stock split is intended to help Beyond Meat regain compliance with the Nasdaq minimum bid price requirement of $1.00 per share for 10 consecutive business days before the compliance date of August 31, 2026. Equiniti Trust Company, LLC is acting as the transfer and exchange agent. The company cautioned that there is no assurance it will regain compliance or maintain its listing.