Beyond Meat Partially Terminates El Segundo Lease

Ticker: BYND · Form: 8-K · Filed: 2025-05-15T00:00:00.000Z

Sentiment: neutral

Topics: lease, real-estate, operations

Related Tickers: BYND

TL;DR

BYND is ditching part of its El Segundo HQ lease.

AI Summary

On May 9, 2025, Beyond Meat, Inc. filed an 8-K to report the partial termination of a lease for its property located at 888 N. Douglas Street, Suite 100, El Segundo, California. This action was taken by the company, which is incorporated in Delaware.

Why It Matters

This lease termination could indicate a reduction in the company's operational footprint or a restructuring of its facilities, potentially impacting future operational costs and strategies.

Risk Assessment

Risk Level: low — The filing concerns a lease termination, which is a routine operational event and does not immediately suggest significant financial distress or strategic shifts.

Key Players & Entities

FAQ

What is the specific reason for the partial termination of the lease?

The filing does not specify the exact reason for the partial termination of the lease.

What is the effective date of the lease termination?

The earliest event reported is May 9, 2025, which is the date of the report.

Does this lease termination affect the entire property at 888 N. Douglas Street?

No, the filing explicitly states it is a 'PARTIAL TERMINATION OF LEASE'.

What is Beyond Meat, Inc.'s principal executive office address?

Beyond Meat, Inc.'s principal executive offices are located at 888 N. Douglas Street, Suite 100, El Segundo, California 90245.

What is the company's IRS Employer Identification Number?

The company's IRS Employer Identification Number is 26-4087597.

From the Filing

0001655210-25-000099.txt : 20250515 0001655210-25-000099.hdr.sgml : 20250515 20250515161434 ACCESSION NUMBER: 0001655210-25-000099 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250509 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250515 DATE AS OF CHANGE: 20250515 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BEYOND MEAT, INC. CENTRAL INDEX KEY: 0001655210 STANDARD INDUSTRIAL CLASSIFICATION: FOOD & KINDRED PRODUCTS [2000] ORGANIZATION NAME: 04 Manufacturing EIN: 264087597 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38879 FILM NUMBER: 25953220 BUSINESS ADDRESS: STREET 1: 888 N. DOUGLAS STREET, SUITE 100 CITY: EL SEGUNDO STATE: CA ZIP: 90245 BUSINESS PHONE: 866-756-4112 MAIL ADDRESS: STREET 1: 888 N. DOUGLAS STREET, SUITE 100 CITY: EL SEGUNDO STATE: CA ZIP: 90245 FORMER COMPANY: FORMER CONFORMED NAME: Savage River, Inc. DATE OF NAME CHANGE: 20151008 8-K 1 bynd-20250509.htm 8-K PARTIAL TERMINATION OF LEASE 888 N DOUGLAS bynd-20250509 0001655210 false 0001655210 2025-05-09 2025-05-09 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of Earliest Event Reported): May 9, 2025 BEYOND MEAT, INC. (Exact name of registrant as specified in its charter) Delaware 001-38879 26-4087597 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification Number) 888 N. Douglas Street, Suite 100 El Segundo , California 90245 (Address of principal executive offices, including zip code) (866 ) 756-4112 (Registrant’s telephone number, including area code) Not Applicable (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.0001 par value BYND The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 1.01 Entry into a Material Definitive Agreement. On May 9, 2025, Beyond Meat, Inc. (the “Company”) entered into the Second Amendment to Lease (the “Second Amendment”) with HC Hornet Way, LLC, a Delaware limited liability company (the “Landlord”), amending that certain Lease dated January 14, 2021 (the “Original Lease”), as amended by that certain First Amendment to Lease dated September 17, 2024 (together with the Original Lease, the “Lease”), pursuant to which the Company leased approximately 282,000 rentable square feet in a portion of a building at 888 Douglas Street, El Segundo, California. The Second Amendment provides for, among other things, the surrender by the Company to the

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