SplitAug 11, 2026, 07:12 AM
Beyond Meat Announces 1-for-30 Reverse Stock Split
AI Summary
Beyond Meat, Inc. announced its Board of Directors selected a 1-for-30 reverse stock split, effective August 13, 2026, with split-adjusted trading beginning August 14, 2026. This action is intended to help the company regain compliance with Nasdaq's minimum bid price requirement. Concurrently, the number of authorized common shares will be reduced from 3 billion to 100 million, and total authorized shares from 3.0005 billion to 100.5 million.
Key Highlights
- Board selected a 1-for-30 reverse stock split ratio.
- Split effective August 13, 2026, 11:59 p.m. Eastern Time.
- Shares trade split-adjusted on Nasdaq from August 14, 2026.
- Aims to regain Nasdaq minimum bid price compliance.
- Authorized common shares reduced from 3 billion to 100 million.
- Total authorized shares reduced from 3.0005 billion to 100.5 million.
- Fractional shares will be rounded up to the nearest whole share.
Price Impact
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