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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Nvidia announces an additional $150 billions stock buyback plan, pre-market stock price rises and turns positive
Nvidia's board has approved an additional $150 billion in stock repurchase authorization, marking the largest single increase in history, bringing the remaining buyback allowance to $235 billion, with plans to complete it by fiscal year 2028. CEO Jensen Huang stated that the transformation driven by AI and accelerated computing platforms is fueling the company’s growth, and strong profits and cash flow are supporting this large-scale buyback. Following the announcement, Nvidia’s pre-market stock price rose by as much as 1.7%, outperforming the declining futures market.
Qfin director Yan Andrew Y Yan disposes of QFIN common shares worth US$4,879,108.22