other material
confidence high
sentiment negative
materiality 0.80
Beyond Meat enters ATM equity facility to sell up to $200M common stock via B. Riley
BEYOND MEAT, INC.
- Equity Distribution Agreement with B. Riley Securities for at-the-market sales of up to $200M of common stock.
- Company will pay B. Riley a commission of up to 3.0% of gross proceeds from sales.
- Sales will be made under existing effective shelf registration statement (Form S-3).
- Company may sell shares in varying amounts based on market conditions, price, and capital needs.