The plant-based meat company aims to meet Nasdaq’s $1 minimum bid price requirement with a reverse stock split effective 13 August.
Beyond Meat will implement a 1-for-30 reverse stock split to comply with Nasdaq’s minimum bid price rule. The move, effective 11:59 pm Eastern Time on 13 August, follows a delisting warning issued in March after shares traded below $1 for 30 consecutive days. Split-adjusted trading under the BYND ticker begins 14 August.
The company was granted until 31 August to restore compliance by maintaining a closing bid price of at least $1 for ten straight sessions. Beyond Meat’s stock has traded below $1 since late 2025, closing at $0.42 most recently, and has fallen 84.6% over the past year. Shareholders approved the reverse split ratio in November 2025.
CEO Ethan Brown called the split an “important step” to secure Nasdaq listing and improve long-term investor participation. Every 30 existing shares will convert into one new share, with no fractional shares issued.