Fake food sellers Beyond Meat (NASDAQ: BYND) crashed the most on record. They had just announced that nearly all creditors agreed to a debt-swap deal that massively dilutes equity shareholders.
BYND wrote in a press release that 96.92% of holders of its 0% Convertible Senior Notes due 2027 agreed to participate in the debt-equity swap offer, clearing the 85% threshold required for the deal to proceed.
Beyond Meat Inc. completed an early settlement of its convertible debt exchange offer on Monday, swapping $1.114 billion in notes due 2027 for new secured notes due 2030 and 326 million new shares, which reduced debt by over $800 million but caused significant shareholder dilution.
The stock fell more than 56%, trading below $1 for the first time, amid high short interest over 63% of the float and debunked bankruptcy rumors. The company continues to face declining demand and competition in the plant-based meat sector.
It’s a junk bond.
It’s hard to believe there’s competition for this awful looking fake food.
“Beyond Meat Inc. tumbled the most since 2019 after the troubled plant-based protein producer said nearly all creditors had accepted a debt swap that will lead to a substantial dilution of shareholders.”
For some reason, they can’t sell enough of their products to make profits. pic.twitter.com/MLBJyh7qh0
— Wall Street Mav (@WallStreetMav) October 13, 2025
$200 a share to.$.90:
BREAKING Beyond Meat Becomes the Most Shorted Stock, with Over 63% of the Company’s Shares Sold Short
OVER HALF THE SHARES ARE SHORTED ⬇️ $BYND
A company that was once worth over $200 per share. Now, the company’s stock is down over 60% pre-market pic.twitter.com/b5qGoJtCbp
— X Market News (@xMarketNews) October 13, 2025
Beyond Meat is taking the name meat out of Beyond Meat. Canadian cattle ranchers complained and want the name meat removed.
Beyond Burger is being discontinued.
They can’t sell enough of their product to make a profit. The people have spoken.
Those look like 80 year old schlongs.
I ate this once when it first came out. It cost 1.5x more then the ground beef, but tasted worse than those dog tacos I had at Rocky Point, MX.
I saw this Scary Meat in one of my local grocery stores. It was there for about a month. Nobody bought it so they pulled all of it out and I haven’t seen it since. I guess they threw it in the trash where it belongs.
I have only seen one person ever buy that product in the several years it has been out.
I hope the company files for bankruptcy! Trying to feed people this poisonous slop!