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Beyond Meat rolls out new Spicy Buffalo chicken-style pieces in US
Beyond Meat, otherwise known as Beyond The Plant Protein Company, has announced the US roll-out of a new buffalo sauce-flavoured Beyond Chicken Pieces variant.
Beyond Meat receives delisting warning as share prices fall
Beyond Meat has received a letter from Nasdaq, 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 Meat expands functional beverage range with four new flavours
Beyond Meat has expanded its recently launched range of functional beverages, Beyond Immerse, with the addition of four new flavours.
Beyond Meat hit with shareholder class action over alleged disclosure failures
Beyond Meat shareholders have launched legal action against the US plant-based meat producer, alleging the company has withheld key information.
Beyond Meat enters beverage category with new multifunctional pea protein drinks
Beyond Meat has announced a milestone update: its entry into the beverage category with the launch of Beyond Immerse, a new line of pea protein drinks.
Beyond Meat fined $38.9m for infringing Vegadelphia trademark
Beyond Meat been ordered to pay fellow alt-meat company Vegadelphia Foods $38.9 million in damages, after a federal court jury found it liable for trademark infringement.
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Beyond Meat is a US-based producer of meat alternatives, best known for its plant-based Beyond Sausage and Beyond Burger, which aims to replicate as closely as possible the appearance, texture and taste of real beef. Unlike its main competitor in the meat alternatives space, Impossible Foods, Beyond Meat has concentrated by growing through the retail channel. It was founded in 2009 by Ethan Brown and had already raised $122 million by the point it went public, including from the likes of Tyson Foods.
In May 2019, Beyond Meat launched a hotly anticipated IPO that valued it at nearly $1.5 billion. It eventually became the biggest IPO of the year to date, surpassing its initial offer of $25 per share and pointing to a market valuation closer to $4 billion within the first 24 hours.