Beyond Meat Announces 1-for-30 Reverse Stock Split

EL SEGUNDO, Calif., Aug. 11, 2026 (GLOBE NEWSWIRE) -- Beyond Meat, Inc. (NASDAQ: BYND) (the “Company”) today announced that its board of directors (the “Board”) has selected a 1-for-30 reverse stock split of the Company’s common stock and a proportionate reduction in the number of authorized shares of common stock (and a corresponding decrease in the total number of authorized shares of capital stock). At a special meeting held on November 19, 2025, the Company’s stockholders approved thirty alternate amendments to the Company’s restated certificate of incorporation to effect a reverse stock split at one of thirty reverse stock split ratios, with the exact ratio to be determined by the Board.

The reverse stock split is intended to help the Company regain compliance with the minimum bid price requirement for continued listing on the Nasdaq Global Select Market.