secwatch.observer — SEC 8-K summary
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Issuer:     BEYOND MEAT, INC. (BYND)
CIK:        0001655210
Form:       8-K
Filed at:   2025-07-28T23:59:59+00:00
Accession:  0001655210-25-000144
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Beyond Meat subleases ~54,749 sq ft of El Segundo HQ to Varda Space Industries through 2033
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- Subleases 16,967 sq ft improved and 37,782 sq ft unimproved space; sublease expires Oct 31, 2033.
- Monthly base rent starts at ~$50,901 (Improved) and ~$113,346 (Unimproved), with 3% annual escalations.
- Rent abatements: half of base rent and parking rent for months 2-15 (subject to no default).
- Subtenant receives $3.35M improvement allowance from Master Landlord; Beyond Meat pays up to $80,000 for demising wall.
- Subtenant provides $1.56M letter of credit as security; sublease subject to Master Landlord consent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1655210/000165521025000144/0001655210-25-000144-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1655210/000165521025000144/bynd-20250722.htm
  HTML page:      https://secwatch.observer/filing/0001655210-25-000144

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer