Beyond Meat has received a letter from the Nasdaq Listing Qualifications Department, warning that the company now faces a delisting risk after its stocks fell below the minimum $1 per share price for 30 consecutive business days.
Beyond has been given until 31 August 2026 to regain compliance and boost its stock prices, with the Minimum Bid Price Requirement stating that common stock must be at least $1 per share for a minimum of ten consecutive business days before this date.
The letter, received by the alt-meat giant on 4 March 2026, has ‘no immediate effect’ on the listing of the company’s common stock, Beyond Meat stated in an SEC filing disclosing the news.
The company said it now intends to closely monitor the closing bid price of its common stock and may consider a reverse stock split – a consolidation of shares into fewer, higher-priced units – as an option to regain compliance.
California-headquartered Beyond has faced a challenging few years marked by declining revenues and significant losses, with CEO Ethan Brown citing weaker demand for plant-based meat alternatives as the broader category faces headwinds.
The company has been embarking on a series of transformation efforts aimed at streamlining operations and boosting productivity in recent years. Notably, its recent expansion out of meat alternatives and into functional beverages sparked widespread discussion around the future of the brand and the implications of this diversification.
Last year, Beyond revealed it would suspend its operations in China and cut 64 jobs as part of a strategy to reduce operating costs. It also reduced its workforce in North America and the EU by approximately 44 employees, representing 6% of its global workforce.
If Beyond does not regain compliance by the August deadline, it may qualify for an additional 180 days. This would require transferring to The Nasdaq Capital Market and continuing to meet the continued listing requirement for market value of publicly held shares.
It would also need to notify Nasdaq of its intent to cure the deficiency during the second compliance period by effecting the reverse stock split if necessary.
In its most recently published financial results (for the third quarter of 2025), the company reported a 13.3% decrease in net revenues year-over-year, alongside a $110.7 million net loss for the quarter. It revised its 2025 outlook, projecting net revenues in the range of $60 million to $64 million for Q4, and is yet to provide an update on the release of its Q4 and full-year earnings for 2025.
Top image: © Beyond Meat
