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Beyond Meat (BYND) investor relations material
Beyond Meat EGM 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Opening remarks and agenda
Meeting called to order at 8:00 A.M. Pacific time, held virtually to expand access and reduce costs.
Purpose and procedures outlined, with rules for participation and Q&A shared via web portal.
Confirmation of quorum and legal compliance provided before proceeding.
Specific resolutions to be voted on
Approval of potential issuance of shares upon conversion of $215 million in new 7% convertible notes, exceeding 20% of outstanding shares.
Amendment to 2018 equity incentive plan to increase authorized shares for key employee awards.
Amendment to certificate of incorporation to increase authorized shares from 500 million to 3 billion.
Approval of 30 alternate amendments for a reverse stock split and proportionate reduction in authorized shares.
Proposal to adjourn the meeting was not submitted for a vote.
Corporate governance
Inspector of Election sworn in and confirmed quorum; voting procedures and proxy instructions detailed.
Final voting results to be filed with the SEC on Form 8-K.
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Frequently asked questions
Meat Substitutes
Beyond Meat is an American company headquartered in Los Angeles and the company’s shares are listed on the Nasdaq. The company develops, manufactures, and sells various plant-based substitutes for vegetarians, vegans, and consumers looking for alternatives to traditional hamburgers, sausages, and other meat-based products. The company is relatively young and was founded with the stated mission of combating climate change by reducing the amount of meat consumed worldwide.
Founded in 2009
The company was founded in 2009 by Ethan Brown. He had a vision of combating climate change by offering appetizing alternatives to traditional meat products, and to launch his company he contacted two professors at the University of Missouri. The two professors in question, Fu-hung Hsieh and Harold Huff had been developing a meatless protein for years. Brown subsequently licensed their technology and began selling Beyond Meat’s first product, Chicken-Free Strips, at select Whole Foods (now owned by Amazon) locations in 2012.
The IPO and Founding
Beyond Meat has significant backing during the years ahead of its IPO. Several large venture capital firms were heavily involved in the growth process, as well as a number of high-profile individuals and organizations such as Bill Gates and The Humane Society. Beyond Meat also gathered significant buzz amongst celebrities, with names such as Leonardo DiCaprio, Snoop Dogg, Jessica Chastain, and several others providing funding for the company.
In 2019, the company went public on the Nasdaq. It became the first company of its kind to become publicly traded and on its IPO date it was the best-performing public offering in almost two decades when compared to other major US companies.
The Products
The company, as previously mentioned, is exclusively focused on selling various types of plant-based foods made to look and taste as close to real meat as possible. Beyond Meat started out by only selling a chicken substitute, but today markets a wide array of different “meats”. This includes beef, pork, poultry, and more in various forms. The company sells its products to supermarkets like Costco and Kroger, as well as to restaurants. While the company primarily sells in the USA, it has a presence in over 50 countries.
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