Beyond Meat to issue 1,097,444 shares in private exchange of USD 15 million 2027 notes
Bitget2026/09/23 12:05- Beyond Meat entered private exchange agreements on Sept. 23, 2026 to swap about $15 million of 0% Convertible Senior Notes due 2027.
- Holders will receive common stock based on a three-day VWAP starting Sept. 23, 2026, subject to a $7.4 floor price.
- Initial settlement to issue 1,097,444 shares on or about Sept. 23, 2026.
- Final settlement expected on or about Sept. 28, 2026; up to 848,265 additional shares may be issued.
- Share issuance relies on Securities Act Section 4(a)(2), an unregistered sale not involving a public offering.
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