---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-258594"
form_type: "8-K"
ticker: "BYND"
cik: "0001655210"
company_name: "BEYOND MEAT, INC."
filed_at: "2025-10-30T23:59:59+00:00"
generated_at: "2026-05-17T01:21:29.882587+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Beyond Meat finalizes exchange of 97.44% of 0% convertible notes for 7% notes and 317.8M shares

## Summary
- Exchanged $1,120.5M of 0% convertible notes due 2027 (97.44% of outstanding) for new secured notes and common stock.
- Issued $209.7M of new 7.00% Convertible Senior Secured Second Lien PIK Toggle Notes due 2030.
- Issued 317.8M shares of common stock as part of exchange consideration; massive dilution to existing shareholders.
- Remaining $29.5M of old notes still outstanding after final settlement on October 30, 2025.
- Exchange reduces debt burden but reflects financial distress; holders accepted distressed exchange.

## SEC filing metadata
- accession: 0001193125-25-258594
- form_type: 8-K
- ticker: BYND
- cik: 0001655210
- company_name: BEYOND MEAT, INC.
- filed_at: 2025-10-30T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.03, 8.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1655210/000119312525258594/0001193125-25-258594-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1655210/000119312525258594/d21937d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-258594
- JSON: https://secwatch.observer/filing/0001193125-25-258594.json
- Plain text: https://secwatch.observer/filing/0001193125-25-258594.txt

## Key facts
- Debt Financings
  BEYOND MEAT, INC. incurred convertible notes of $209,176,000 at 7.00% maturing due 2030.
  - Instrument: convertible notes
  - Principal: $209,176,000
  - Rate: 7.00%
  - Maturity: due 2030
  - Event: incurrence
  source text: Following the Final Settlement Date, a total of (i) $209,176,000 in aggregate principal amount of New Convertible Notes (inclusive of $12.5 million in aggregate principal amount of New Convertible Notes as payment to certain holders of Existing Convertible Notes that had entered into a transaction support agreement with the Company relating to the Exchange Offer) and (ii) 316,926,786 New Shares will have been issued by the Company in connection with the Exchange Offer on the Early Settlement Date and the Final Settlement Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1655210/000119312525258594/0001193125-25-258594-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.