Beyond Meat is launching a 1-for-30 reverse stock split as the plant-based meat company looks to regain Nasdaq listing compliance.
Yesterday (11 August), the California-based company said the “reverse stock split is intended to help the company regain compliance with the minimum bid price requirement for continued listing on the Nasdaq Global Select Market”.
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The reverse split is due to become effective at 11:59 pm Eastern Time tomorrow (13 August), with split-adjusted trading expected to begin on 14 August under the existing BYND ticker.
Beyond Meat received a delisting warning from Nasdaq in March when its shares had traded below the $1 threshold for 30 consecutive business days.
The company was given until 31 August to restore compliance by maintaining a closing bid price of at least $1 for a minimum of ten straight business days.
Beyond Meat’s stock slid through $1 late last year and has traded below that level for most of 2026.
The shares have slumped almost 84.6% in the past 12 months and last traded at $0.42.
Ethan Brown, Beyond Meat president and CEO, said the reverse stock split is an “important step toward maintaining our Nasdaq listing and better positioning our stock for long-term investor participation”.
Beyond Meat’s board selected the 1-for-30 ratio from a range of 30 alternatives approved by shareholders at a special meeting in November 2025.
In practice, every 30 existing shares will be automatically combined into one new share. No fractional shares will be issued, with holders rounded up to the nearest whole share.
The company is also reducing its authorised common shares to 100 million from three billion, with total authorised capital stock cut to 100.5 million from 3.0005 billion.
The step marks the latest attempt by Beyond Meat to steady itself after a bruising stretch that has included falling sales, weak volumes, balance-sheet pressure and heavy equity dilution linked to its 2025 debt exchange.
That transaction, designed to eliminate more than $800m in debt and extend maturities to 2030, triggered the share slump below $1 last year.
Last week, Beyond Meat reported second-quarter revenue of $68.8m, just ahead of its own guidance, and a net profit of $16.4m.
Other than the latest second quarter net income and the $409.9m profit posted in the final three months of 2025 – exaggerated by a $548.7m gain from debt restructuring – Beyond Meat has not turned a quarterly profit since it went public on the Nasdaq exchange in May 2019.
However, foodservice volumes remained under heavy pressure in both the US and international markets.
On the earnings call, Brown said there was “substantial ground still to cover” as he outlined a three-point plan centred on investing in Europe and Canada, broadening Beyond Meat beyond plant-based meat and driving operational efficiency.
