Beyond Meat Announces Release at 5:00 p.m., New York City time, of Lock-up Restrictions on Shares that were Exchanged for Existing Convertible Notes in its Exchange Offer
Beyond Meat (NASDAQ: BYND) announced that the lock-up restrictions on 316,150,176 shares issued on October 15, 2025 in its exchange offer will expire at 5:00 p.m. New York City time on October 16, 2025. From that time, holders may sell any New Shares received in the Exchange Offer without the contractual lock-up limits, other than the portion already designated as freely tradeable.
Approximately 37.45% of each exchanging holder's New Shares were already permitted to be sold as Freely Tradeable Shares. New Shares issued under a Contra CUSIP will be moved into the unrestricted CUSIP on October 17, 2025 subject to DTC procedures. The New Shares were offered only to qualified institutional buyers or certain accredited investors and were not registered under the Securities Act.
Beyond Meat (NASDAQ: BYND) ha annunciato che le restrizioni di lock-up su 316.150.176 azioni emesse il 15 ottobre 2025 nell'offerta di scambio scadranno alle ore 17:00 ora di New York City del 16 ottobre 2025. Da quel momento, i detentori potranno vendere qualsiasi Nuova Azione ricevuta nell'Offerta di Scambio senza i limiti contrattuali di lock-up, salvo la porzione già designata come liberamente negoziabile.
Circa 37,45% di ogni detentore che scambia le proprie azioni New Shares era già autorizzato a venderle come Azioni Liberamente Negoziate. Le Nuove Azioni emesse sotto un Contra CUSIP saranno trasferite nel CUSIP non vincolato il 17 ottobre 2025, soggette alle procedure DTC. Le Nuove Azioni sono state offerte solo a acquirenti istituzionali qualificati o a determinati investitori accreditati e non erano registrate ai sensi del Securities Act.
Beyond Meat (NASDAQ: BYND) anunció que las restricciones de bloqueo sobre 316,150,176 acciones emitidas el 15 de octubre de 2025 en su oferta de intercambio expirarán a las 5:00 p.m. hora de la ciudad de Nueva York el 16 de octubre de 2025. A partir de ese momento, los tenedores podrán vender cualquier Nueva Acción recibida en la Oferta de Intercambio sin los límites contractuales de bloqueo, excepto la porción ya designada como libre de comercio.
Aproximadamente 37,45% de cada tenedor que intercambia sus New Shares ya estaba autorizado para venderlas como Acciones Libremente Comerciales. Las New Shares emitidas bajo un Contra CUSIP se trasladarán al CUSIP no restringido el 17 de octubre de 2025, sujeto a los procedimientos de DTC. Las New Shares se ofrecieron solo a compradores institucionales calificados o ciertos inversores acreditados y no estaban registradas conforme a la Securities Act.
Beyond Meat (나스닥: BYND)가 2025년 10월 15일에 발행된 교환 공모의 316,150,176주에 대한 락업 제한이 2025년 10월 16일 뉴욕시 기준 오후 5시에 만료될 것이라고 발표했습니다. 그 시점부터 교환 공모에서 받은 신주를 계약상의 락업 제한 없이 매도할 수 있으며, 이미 자유롭게 거래 가능하도록 지정된 부분은 제외됩니다.
각 교환 보유자의 New Shares 중 약 37.45%가 이미 자유롭게 거래 가능 주식으로 매도할 수 있도록 허용되었습니다. Contra CUSIP에 따라 발행된 신주는 2025년 10월 17일 DTC 절차에 따라 비제한 CUSIP으로 이관됩니다. 이 신주는 증권법에 따라 등록되지 않았으며 자격 있는 기관 투자자 또는 특정 인증된 투자자에게만 제공되었습니다.
Beyond Meat (NASDAQ : BYND) a annoncé que les restrictions de lock-up sur 316 150 176 actions émisees le 15 octobre 2025 dans son offre d'échange expireront à 17 h, heure de New York, le 16 octobre 2025. À partir de ce moment, les détenteurs pourront vendre toute Nouvelle Action reçue dans l'Offre d'Échange sans les limites contractuelles de lock-up, à l'exception de la partie déjà désignée comme librement négociable.
Environ 37,45% de chaque détenteur échangeant ses New Shares était déjà autorisé à les vendre en tant qu'Actions Librement Négociables. Les New Shares émises sous un Contra CUSIP seront transférées sur le CUSIP non restreint le 17 octobre 2025, sous réserve des procédures DTC. Les New Shares ont été offerts uniquement à des acheteurs institutionnels qualifiés ou à certains investisseurs accrédités et n'étaient pas enregistrées en vertu du Securities Act.
Beyond Meat (NASDAQ: BYND) gab bekannt, dass die Lock-up-Beschränkungen für 316.150.176 Aktien, die am 15. Oktober 2025 im Rahmen des Exchange Offers ausgegeben wurden, am 16. Oktober 2025 um 17:00 Uhr Ortszeit New York City auslaufen werden. Ab diesem Zeitpunkt können Inhaber alle Neuen Aktien, die im Austauschangebot erhalten wurden, ohne die vertraglich festgelegten Lock-up-Beschränkungen verkaufen, mit Ausnahme des Anteils, der bereits als frei handelbar bezeichnet ist.
Ungefähr 37,45% der neuen Aktien, die von jedem Tauschenden gehalten werden, durften bereits als Frei Handelbare Aktien verkauft werden. Neue Aktien, die unter einem Contra CUSIP ausgegeben wurden, werden am 17. Oktober 2025 gemäß den DTC-Verfahren in den unbeschränkten CUSIP überführt. Die Neuen Aktien wurden nur qualifizierten institutionalen Käufern oder bestimmten akkreditierten Investoren angeboten und waren nicht gemäß dem Securities Act registriert.
Beyond Meat (NASDAQ: BYND) أعلن أن القيود المفروضة على الإغلاق على 316,150,176 سهماً صُدرت في 15 أكتوبر 2025 في عرض التبادل ستنتهي عند الساعة 5:00 مساءً بتوقيت نيويورك في 16 أكتوبر 2025. اعتباراً من ذلك الوقت، يجوز للمُلّاك بيع أي أسهم جديدة تم استلامها في عرض التبادل دون قيود الإغلاق العقدية، باستثناء الجزء الذي تم تخصيصه بالفعل كقابلية التداول بحرية.
حوالي 37.45% من كل حامِل يتبادل أسهمه الجديدة كان مسموحاً له أصلاً ببيعها كأوراق مالية قابلة للتداول بحرية. ستنتقل الأسهم الجديدة الصادرة بموجب Contra CUSIP إلى CUSIP غير مقيد في 17 أكتوبر 2025 وفق إجراءات DTC. تم عرض الأسهم الجديدة فقط لمشترين مؤسساتيين مؤهلين أو لبعض المستثمرين المؤهلين ولم تكن مسجلة بموجب قانون الأوراق المالية.
Beyond Meat（纳斯达克：BYND）宣布，在其交换要约中发行的 316,150,176 股锁定期限制将于 2025 年 10 月 16 日纽约市时间下午 5:00 到期。从那时起，持有人可在不受合同锁定限制的情况下出售在交换要约中收到的任何新股，已指定为自由交易的部分除外。
每位换股持有者的 New Shares 中约 37.45% 已被允许作为自由交易股出售。根据 Contra CUSIP 发行的新股将于 2025 年 10 月 17 日在 DTC 程序下转入不受限制的 CUSIP。新股仅向合格的机构买家或某些合格投资者发售，未按证券法注册。
- Lock-up expiration for 316,150,176 New Shares on Oct 16, 2025
- Immediate liquidity for holders of 37.45% of received New Shares
- Potential increase in free float by up to 316,150,176 shares after lock-up
- New Shares not registered under the Securities Act, limiting broader resale
Insights
Lock-up on 316,150,176 newly issued shares expires at 5:00 p.m. New York time on
The company issued 316,150,176 New Shares on
After
Key facts to monitor in the near term include the pace of reallocation into the unrestricted CUSIP on
EL SEGUNDO, Calif., Oct. 16, 2025 (GLOBE NEWSWIRE) -- Beyond Meat, Inc. (NASDAQ: BYND) (the “Company” or “Beyond Meat”), a leader in plant-based meat, today announced that the lock-up restrictions that applied to certain of the 316,150,176 shares of its common stock (the “New Shares”) that were issued on October 15, 2025, in connection with the Company’s exchange offer (the “Exchange Offer”) for its
By tendering Existing Convertible Notes in the Exchange Offer, each participating holder of Existing Convertible Notes was deemed to have agreed with the Company that from and after the Early Settlement Date and until 5:00 p.m., New York City time, on October 16, 2025, it would not transfer, sell, exchange, assign or convey any legal or beneficial ownership interest in, or any right, title or interest therein (including any right or power to vote), or otherwise dispose of (whether by sale, liquidation, dissolution, dividend, distribution or otherwise) any New Shares, or enter into any contract, option, or other agreement with respect to any of the foregoing; provided that an exchanging holder of Existing Convertible Notes was permitted to sell up to approximately
The foregoing lock-up restrictions expire today at 5:00 p.m., New York City time, and, thereafter, holders of New Shares will be permitted to sell any and all of the New Shares received in the Exchange Offer without the contractual restrictions imposed by the lock-up provisions described above. With the exception of the Freely Tradeable Shares, the New Shares were issued into a Contra CUSIP (CUSIP NO. 088ESCAA6) intended to restrict the trading of such security for the duration of the lock-up period. New Shares subject to the Contra CUSIP are expected to be allocated into the unrestricted CUSIP for the Company’s shares of common stock (CUSIP NO. 08862E109) over the course of the day on October 17, 2025, subject to the procedures of the Depository Trust Company (“DTC”) and of DTC participants.
The New Shares and other securities offered in the Exchange Offer are offered only to holders of Existing Convertible Notes that are (i) “qualified institutional buyers” as defined in Rule 144A under the Securities Act or (ii) “accredited investors” (within the meaning of Rule 501(a) under the Securities Act) that beneficially own a minimum of
The New Shares and other securities offered in the Exchange Offer have not been, and will not be, registered under the Securities Act of 1933, as amended, or any other securities laws. This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, the New Shares, the Existing Convertible Notes or any other securities offered in the Exchange Offer, nor will there be any sale of such securities or any other securities, in any state or other jurisdiction in which such offer, sale or solicitation would be unlawful.
About Beyond Meat
Beyond Meat, Inc. (NASDAQ: BYND) is a leading plant-based meat company offering a portfolio of revolutionary plant-based meats made from simple ingredients without GMOs, no added hormones or antibiotics, and 0mg of cholesterol per serving. Founded in 2009, Beyond Meat products are designed to have the same taste and texture as animal-based meat while being better for people and the planet. Beyond Meat’s brand promise, Eat What You Love®, represents a strong belief that there is a better way to feed our future and that the positive choices we all make, no matter how small, can have a great impact on our personal health and the health of our planet. By shifting from animal-based meat to plant-based protein, we can positively impact four growing global issues: human health, climate change, constraints on natural resources and animal welfare.
Beyond Meat Forward-Looking Statements
Certain statements in this release constitute “forward-looking statements” within the meaning of the federal securities laws. These statements are based on management’s current opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results. Forward-looking statements include statements regarding the restrictions applying to the New Shares and the allocation of the unrestricted CUSIP related to the New Shares pursuant to the procedures of DTC and of DTC participants. These forward-looking statements are only predictions, not historical fact, and involve certain risks and uncertainties, as well as assumptions. Actual results, levels of activity, performance, achievements and events could differ materially from those stated, anticipated or implied by such forward-looking statements. While Beyond Meat believes that its assumptions are reasonable, it is very difficult to predict the impact of known factors, and, of course, it is impossible to anticipate all factors that could affect actual results. There are many risks and uncertainties that could cause actual results to differ materially from forward-looking statements made or implied herein including, risks related to Beyond Meat’s ability to realize the anticipated benefits of the Exchange Offer and Consent Solicitation and the risks discussed under the heading “Risk Factors” in Beyond Meat’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024 filed with the U.S. Securities and Exchange Commission (“SEC”) on March 5, 2025, Beyond Meat’s Quarterly Report on Form 10-Q for the fiscal quarter ended March 29, 2025 filed with the SEC on May 8, 2025, Beyond Meat's Quarterly Report on Form 10-Q for the fiscal quarter ended June 28, 2025 filed with the SEC on August 8, 2025, and under the heading “Supplementary Risk Factors” in Beyond Meat’s Current Report on Form 8-K filed with the SEC on October 6, 2025, as well as other factors described from time to time in Beyond Meat’s filings with the SEC. Such forward-looking statements are made only as of the date of this release. Beyond Meat undertakes no obligation to publicly update or revise any forward-looking statement because of new information, future events or otherwise, except as otherwise required by law. If Beyond Meat does update one or more forward-looking statements, no inference should be made that Beyond Meat will make additional updates with respect to those or other forward-looking statements.
Contact Information
Media:
Shira Zackai
Shira.zackai@beyondmeat.com
Investors:
Raphael Gross
beyondmeat@icrinc.com
FAQ
What lock-up expired for Beyond Meat (BYND) on October 16, 2025?
How many Beyond Meat (BYND) shares were issued in the exchange offer on October 15, 2025?
What portion of BYND New Shares were freely tradeable before the lock-up expired?
When will the New Shares move from the Contra CUSIP into the unrestricted CUSIP for BYND?
Who was eligible to receive the New Shares in Beyond Meat's exchange offer?
Are the New Shares from the exchange offer registered for public resale?
