Beyond Meat sets conversion rate for 7% Convertible Notes due 2030 at 572.7784 shares/$1,000 principal, price ~$1.7459

BEYOND MEAT, INC.

Initial conversion price set at $1.7459 per share, reflecting 572.7784 shares per $1,000 principal.
Conversion prohibited until stockholder approval (Nov 19 special meeting) or Dec 15, 2025; initially cash settlement only.
Up to 120M additional shares could be issued upon conversion at base rate, plus further dilution from PIK interest and mandatory equitizations.
Company recently issued 317.8M shares in exchange offer for 0% Convertible Notes due 2027.

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