• Latest
  • Trending
Beyond Meat (BYND) Stock Sinks 21% as Nasdaq Reverse Split Nears

Beyond Meat (BYND) Stock Sinks 21% as Nasdaq Reverse Split Nears

August 11, 2026
Monero Releases New Stressnet Version

Monero Releases New Stressnet Version

September 28, 2026
Goldman Sachs brings $100 billion Treasury fund into crypto’s institutional plumbing

Goldman Sachs brings $100 billion Treasury fund into crypto’s institutional plumbing

September 28, 2026
Michael Burry Says Trump Cannot Afford to Let AI Boom Fail

Michael Burry Says Trump Cannot Afford to Let AI Boom Fail

September 28, 2026
Advanced Micro Devices (AMD) Stock Jumps 3% as Analysts Pile In With Bullish Calls

AMD Stock Falls 3% as Rising Yields and Oil Prices Hit Chipmakers

September 28, 2026
Jumper to Launch JUMP Token Sale on Legion as it Spins Out to Build the Super-App for Onchain Finance

Jumper to Launch JUMP Token Sale on Legion as it Spins Out to Build the Super-App for Onchain Finance

September 28, 2026
Crypto Industry Spending Kicks off in Ohio Senate Race, with $11M Oposing Sherrod Brown’s Return

Crypto Industry Spending Kicks off in Ohio Senate Race, with $11M Oposing Sherrod Brown’s Return

September 28, 2026
Today’s Top Stories: Yields, Oil, Dell, Robinhood, and Apple’s New CEO Shake Wall Street

Today’s Top Stories: Nvidia’s $150B Buyback, MongoDB Plunges and Bitcoin Falls to $83K

September 28, 2026
Tom Lee’s BitMine Buys More Ethereum to Surpass 6 Million Milestone

Tom Lee’s BitMine Buys More Ethereum to Surpass 6 Million Milestone

September 28, 2026
AI agents could drain cheap bank deposits, Apollo’s Torsten Slok warns

AI agents could drain cheap bank deposits, Apollo’s Torsten Slok warns

September 28, 2026
  • Privacy Policy
Monday, September 28, 2026
MtRushmoreCrypto - Where Crypto Rocks
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
No Result
View All Result
Logo
No Result
View All Result
Home Crypto Technical Analysis

Beyond Meat (BYND) Stock Sinks 21% as Nasdaq Reverse Split Nears

J_News by J_News
August 11, 2026
in Crypto Technical Analysis, Top News
0
Beyond Meat (BYND) Stock Sinks 21% as Nasdaq Reverse Split Nears
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter


Follow on Google News

TLDR

  • Beyond Meat stock falls 21% as its 1-for-30 reverse split approaches Nasdaq
  • BYND shares slide as Beyond Meat moves ahead with a 1-for-30 reverse stock split
  • Beyond Meat targets Nasdaq compliance with a reverse split effective August 13
  • BYND will trade on a split-adjusted basis from August 14 under the same ticker
  • Beyond Meat cuts authorized common shares to 100 million alongside reverse split

Beyond Meat (BYND) stock fell sharply Tuesday as traders reacted to the company’s planned 1-for-30 reverse stock split. BYND traded at $0.4101, down 21.14%, after heavy selling pushed the shares near their intraday lows during the session. The split will take effect this week as Beyond Meat works to preserve its Nasdaq Global Select Market listing status.


BYND Stock Card

Beyond Meat, Inc., BYND

Beyond Meat Sets 1-for-30 Reverse Stock Split

Beyond Meat’s board selected a 1-for-30 ratio from thirty alternatives that shareholders previously approved at a special company meeting. The company plans to make the reverse stock split effective at 11:59 p.m. Eastern Time on August 13, 2026. Split-adjusted trading should begin at the Nasdaq market open on August 14 under the company’s existing BYND trading symbol.

Under the transaction, every 30 outstanding Beyond Meat shares will convert automatically into one share when the split becomes effective. The company will not issue fractional shares and will instead round qualifying record holders upward to the nearest whole share. Meanwhile, brokers, banks, and other nominees may apply their own procedures when adjusting positions held through street-name accounts.

Beyond Meat will also reduce authorized common shares from three billion to 100 million as part of the capital restructuring. Total authorized capital stock will therefore fall from about 3.0005 billion shares to 100.5 million shares after the adjustment. The company said these structural changes will leave the common stock’s par value and proportional voting power largely unchanged overall.

Nasdaq Compliance Drives Beyond Meat Action

Beyond Meat designed the reverse split mainly to help restore compliance with Nasdaq’s minimum bid price requirement for continued listing. The move raises the per-share trading price mechanically while reducing the number of outstanding shares by the same proportional ratio. However, the transaction does not directly change Beyond Meat’s underlying business value or each shareholder’s proportional ownership interest.


Betpanda


The company will also adjust convertible note conversion rates, warrant terms, equity awards, and related exercise prices after effectiveness. Beyond Meat will reduce shares reserved under employee equity plans to reflect the same 1-for-30 reverse split ratio proportionately. Equiniti Trust Company will serve as the transfer and exchange agent for registered holders throughout the planned share conversion process.

Related articles

Monero Releases New Stressnet Version

Monero Releases New Stressnet Version

September 28, 2026
Goldman Sachs brings $100 billion Treasury fund into crypto’s institutional plumbing

Goldman Sachs brings $100 billion Treasury fund into crypto’s institutional plumbing

September 28, 2026

Shareholders approved multiple reverse split options during a special meeting held on November 19, 2025, before the latest board decision. That approval gave the board authority to choose the final ratio based on market conditions and Nasdaq listing requirements. The selected ratio now places Beyond Meat on a short timetable before its shares begin trading on a split-adjusted basis.

 


Stop guessing and start investing with confidence. KnockoutStocks gives you the AI insights, market intelligence, and stock research you need to spot opportunities, cut through the noise, and make smarter investment decisions — all in one powerful platform.

Sign up today and get 50% OFF full access to our premium stock picks.

Simply use coupon code SPECIAL50 at checkout to claim your exclusive discount.



Source link

ShareTweetShareShare

Related Posts

Monero Releases New Stressnet Version

Monero Releases New Stressnet Version

by J_News
September 28, 2026
0

Privacy-focused cryptocurrency Monero has released a new version of its beta stressnet software as the network prepares for another major...

Goldman Sachs brings $100 billion Treasury fund into crypto’s institutional plumbing

Goldman Sachs brings $100 billion Treasury fund into crypto’s institutional plumbing

by J_News
September 28, 2026
0

“There’s a convergence now that you’re seeing between traditional market participants and digital asset market participants as well,” Lynq CEO...

Michael Burry Says Trump Cannot Afford to Let AI Boom Fail

Michael Burry Says Trump Cannot Afford to Let AI Boom Fail

by J_News
September 28, 2026
0

TLDR Michael Burry says the Trump administration cannot afford to let the AI boom slow down. Burry argues the AI...

Advanced Micro Devices (AMD) Stock Jumps 3% as Analysts Pile In With Bullish Calls

AMD Stock Falls 3% as Rising Yields and Oil Prices Hit Chipmakers

by J_News
September 28, 2026
0

TLDR AMD stock fell nearly 3% in Monday premarket trading as rising Treasury yields and oil prices pressured tech and...

Jumper to Launch JUMP Token Sale on Legion as it Spins Out to Build the Super-App for Onchain Finance

Jumper to Launch JUMP Token Sale on Legion as it Spins Out to Build the Super-App for Onchain Finance

by J_News
September 28, 2026
0

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed...

Load More

Enter your email address:

Delivered by FeedBurner

Quick Navigate

  • Home
  • Crypto
  • Crypto Technical Analysis
  • Top News
  • Thank You
  • Store
  • About Us

Top News

Capital B Buys 376 BTC for $29M, Pushes Bitcoin Treasury to 3,521 BTC

Trump Says AI Will Not Cause Human Extinction as OpenAI and Anthropic Researchers Warn of Danger

67M Crypto Holders Put Pressure on Senate as Ripple Pushes CLARITY Act Showdown

© 2021 mtrushmorecrypto - Crypto Related News Blog

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us

© 2021 mtrushmorecrypto - Crypto Related News Blog