Beyond Meat announces 1-for-30 reverse stock split
Reuters2026/08/11 11:03- Beyond Meat set a 1-for-30 reverse stock split, aiming to regain Nasdaq minimum bid-price compliance.
- The split takes effect at 11:59 p.m. ET on Aug. 13, 2026; trading shifts to split-adjusted terms at the Aug. 14 open.
- Authorized common shares drop to 100,000,000 from 3,000,000,000; total authorized capital stock falls to 100,500,000 from 3,000,500,000.
- Convertible notes, warrants, equity awards, and plan share reserves will be adjusted proportionately to reflect the 1-for-30 ratio.
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