Beyond Meat Draws $25M More from AHIMSA Loan

TL;DR

BYND drew another $25M from AHIMSA, total debt now $50M. Cash burn continues.

AI Summary

On September 15, 2025, Beyond Meat, Inc. announced it has drawn an additional $25 million under its loan facility with AHIMSA, LLC. This second draw brings the total outstanding principal under the facility to $50 million. The company also disclosed unregistered sales of equity securities, though specific details and amounts were not provided in this filing.

Why It Matters

This additional borrowing suggests Beyond Meat may be facing ongoing cash flow challenges, potentially impacting its ability to fund operations or growth initiatives without further debt.

Risk Assessment

Risk Level: medium — The company is increasing its debt load, indicating potential financial strain and reliance on external financing.

Key Numbers

• $25.0M — AHIMSA Loan Second Draw (Additional funds borrowed by Beyond Meat.)
• $50.0M — Total AHIMSA Loan Principal (Aggregate amount outstanding under the loan facility after the second draw.)

Key Players & Entities

• Beyond Meat, Inc. (company) — Registrant
• AHIMSA, LLC (company) — Lender
• $25 million (dollar_amount) — Second draw from loan facility
• $50 million (dollar_amount) — Total outstanding principal
• September 15, 2025 (date) — Date of earliest event reported

FAQ

Key Financial Figures

• $0.0001 — ange on which registered Common Stock, $0.0001 par value BYND The Nasdaq Stock Market
• $100.0 million — an aggregate principal amount of up to $100.0 million. For additional terms of the Loan and S
• $40.0 million — the Company in the principal amount of $40.0 million. On September 18, 2025, at the Company
• $60.0 million — the Company in the principal amount of $60.0 million. The Company plans to use the proceeds
• $3.26 — xercise price that was determined to be $3.26 per share based on the terms of the War
• $73.0 million — cturer claims total damages of at least $73.0 million. The Company intends to vigorously defe

Filing Documents

• bynd-20250915.htm (8-K) — 34KB
• 0001655210-25-000189.txt ( ) — 150KB
• bynd-20250915.xsd (EX-101.SCH) — 2KB
• bynd-20250915_lab.xml (EX-101.LAB) — 21KB
• bynd-20250915_pre.xml (EX-101.PRE) — 12KB
• bynd-20250915_htm.xml (XML) — 3KB

02 Unregistered Sales of Equity Securities

Item 3.02 Unregistered Sales of Equity Securities. As previously announced, on May 7, 2025, in connection with the entry into the Loan and Security Agreement, the Company and the Lenders entered into a warrant agreement (the "Warrant Agreement") setting forth the rights and obligations of the Company and the Lenders as holders (in such capacity, the "Holders") in connection with warrants (the "Warrants") representing such Holders' right to purchase up to, in the aggregate, 9,558,635 shares of common stock, par value $0.0001 per share ("Common Stock"), of the Company (the "Maximum Warrant Share Amount") at an exercise price that was determined to be $3.26 per share based on the terms of the Warrant Agreement. For additional terms of the Warrant Agreement, please see the Company's Current Report on Form 8-K filed with the SEC on May 7, 2025. The Loan and Security Agreement provides that, as a condition precedent to the Lenders making any Delayed Draw Term Loans to the Company, the Company will register an electronic book entry in the name of each Lender which represents, and per the terms of the Warrant Agreement shall be deemed to be an issuance to each Lender of, Warrants representing the pro rata portion of the Maximum Warrant Share Amount based on the amount of Delayed Draw Term Loans provided by such Lender on the date thereof. As a result, on June 26, 2025 and September 18, 2025, in connection with the making of the Delayed Draw Term Loans discussed in Item 2.03 above, the Company issued to Unprocessed Foods Warrants to purchase 3,823,454 shares of Common Stock and Warrants to purchase 5,735,181 shares of Common Stock, respectively. Such Warrants to purchase shares of Common Stock were issued in a private placement in reliance on the exemption from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"), provided by Section 4(a)(2) of the Securities Act. The Company also agreed in the Warrant Agreement to provide cer

01 Other Events

Item 8.01 Other Events. Arbitration with Former Co-Manufacturer In March 2024, a former co-manufacturer ("Manufacturer") brought an action against the Company in a confidential arbitration proceeding. The Company had entered into an agreement with the Manufacturer, under which the Manufacturer was responsible for producing products on behalf of the Company. The Company terminated the agreement in November 2023 due to the Manufacturer's failure to produce food in compliance with applicable laws, as required by the agreement. The Manufacturer alleges that the Company terminated the agreement without a contractual basis to do so and that it is owed past and future payments under the agreement. The Manufacturer claims total damages of at least $73.0 million. The Company intends to vigorously defend against these claims. In October 2024, the Company filed amended counterclaims against the Manufacturer for breach of contract, breach of the duty of good faith and fair dealing, fraudulent inducement, false promise, concealment, intentional misrepresentation, and negligent misrepresentation. The Company intends to vigorously prosecute the claims asserted against the Manufacturer. On September 15, 2025, the arbitrator issued an interim award (the "Interim Award") and found that the Company had a valid basis to terminate the agreement with the Manufacturer. The details of the Interim Award are confidential, and a final arbitration award has not been issued. Additional proceedings will be held to determine the award of attorneys' fees, prejudgment interest, and costs, if any, before a final arbitration award will be issued. Note Regarding Forward-Looking Statements Certain statements in this Current Report on Form 8-K constitute "forward-looking statements" within the meaning of the federal securities laws. These statements are based on management's current opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or futur

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BEYOND MEAT, INC. By: /s/ Lubi Kutua Lubi Kutua Chief Financial Officer and Treasurer Date: September 18, 2025