Beyond Meat Lifts Lock-Up on 316 Million Shares Today

EL SEGUNDO, Calif., Oct. 16, 2025 (GLOBE NEWSWIRE) — Beyond Meat, Inc. (NASDAQ: BYND) announced that lock-up restrictions on 316,150,176 shares of its common stock will expire today at 5:00 p.m. New York City time. These shares were issued as part of an exchange offer completed on October 15, 2025, for the company’s 0% Convertible Senior Notes due 2027.

Under the exchange agreement, holders of existing notes were initially prohibited from selling or transferring most of the new shares until the expiration of these restrictions. However, approximately 37.45% of the New Shares were designated for immediate sale as freely tradeable shares.

Once the lock-up ends, investors can sell any remaining New Shares without restrictions. The shares were temporarily issued under a Contra CUSIP to enforce this lock-up but will transition to a standard unrestricted CUSIP thereafter.

The New Shares and other securities in the exchange offer were only available to qualified institutional buyers and accredited investors, each required to hold a minimum of $200,000 in existing notes.

Beyond Meat emphasizes that this announcement does not constitute an offer to sell or solicit shares and that the New Shares remain unregistered under the Securities Act of 1933.

Founded in 2009, Beyond Meat provides a variety of plant-based meat products aimed at mimicking the taste and texture of traditional meats while promoting sustainability.

As noted by the company, “Every positive choice made—no matter how small—can impact our personal health and the health of our planet.”