Beyond Meat falls as warrant strike price lowered for senior lender

Shares of faux-meat maker Beyond Meat BYND.O down 9% at 98 cents in early trading

Makes it cheaper for a senior lender to buy BYND shares, likely fueling further dilution

Reduces strike price on warrants held by Unprocessed Foods by 40% to $1.95/share

Amends agreement with Unprocessed Foods to enable first payment to protect the $100 million financing provided in May

Beyond Meat completed a major debt restructuring in September-October 2025 that led to a massive dilution in its stock value

Stock is also highly shorted, with short interest at about 25.3% of free float, as per LSEG data

BYND is facing financial strain amid weak results and waning demand for its products

As of last close, BYND down 71% YTD