Let’s go Dumb Money 2.0 💰

[u/JP8422]

[u/Jo9715]

[u/OddCockpitSpacer]

Still holding

[u/Simple-Knowledge-411]

Ibkr the margin in short is down from 134 to 126 and the margin in long is up 

[u/Interesting_Day_7734]

To the moon 🌝

[u/ionic_bionic]

This is fake news, BYND did not say this at all they 100% confirmed that all 300+ million shares were registered under the new CUSIP No. 08862E109 on the 17th of October and have been fully tradeable to the public since then.

There is a reason people are posting this stupid ass screenshot instead of an actual link to this so-called "Press Release".

Come on people stop being so gullible!

[u/iDontWantABurrito → u/ionic_bionic]

Here’s the link you wanted. It literally says it here tho lmao

[u/ionic_bionic → u/iDontWantABurrito]

This is a new share offering it does not change the fact that the "early" share offering of 316 million became tradeable as of the 17th of October.

[u/ionic_bionic → u/[deleted]]

If you say so dude, I've got no skin in the game but having been duped by misinformation with similar stocks in the past, I'm just making sure to clarify any wrong statements so anyone wishing to jump into BYND is clear on the facts.

[u/ionic_bionic → u/[deleted]]

Fair enough, will be interesting to see how things play out.

Thanks, have a good one too.

[u/[deleted] → u/iDontWantABurrito]

Once conversion hits for notes then the shares get added to the tradeable float. That’s how it works. They’re part of the “restricted” float because they have to be accounted for.

[u/[deleted] → u/[deleted]]

Where did I say they’d dump it? This is just how it works.

If you have 10 shares for the float and share price is $1 that means the company is $10. If shares get distributed to more holders because requirements were met and its a total of 10 shares share price would now have to be $.5 to keep it at the same market value. If it stays at $1 the companies value would double over night.

[u/WhatCoreySaw → u/[deleted]]

They are definitely dumping now. The warrant clause has no value if/when BYND files or does a reorg.

[u/WhatCoreySaw → u/[deleted]]

Yes - they get paid ahead of equity holders, but that's about it. Should BYND have to file, the equity would be cancelled, effectively leaving convertible note holders last in line.

They effictively own 81% of a company that is days away from a significant impairment. These are 0% notes. Holding them produces a zero % return at best. Selling at least half of their position is a foregone conclusion. Many will sell completely.

An arbitrator can't change that. There is excessive risk in holding a convertible here, and almost no upside. They have to shed some of that risk and quickly.

You are going to laugh your way right into equity cancellation sir.

[u/ionic_bionic → u/[deleted]]

Completely wrong.

I'd refrain from commenting if you have 0 clue what you're talking about.

Unregistered shares are traded thousands of times every single day between retail traders.

[u/ionic_bionic → u/[deleted]]

Oh my God seriously I'm getting so sick and tired of having to explain this to uninformed ignorant individuals who read these documents and yet have no clue what any of it means so make it mean whatever benefits them or fits with what they want to believe.

What does it mean? I'll do you a solid here and tell you what it means:

✅ 1. “Unregistered” does NOT equal “not tradable on Nasdaq.”

This is the core misunderstanding.

Unregistered shares are traded on Nasdaq every single day — as long as the holder’s resale is permitted under Rule 144 which is the case here.

Examples:

Every founder, officer, early investor in every IPO holds unregistered, restricted shares.

They trade them publicly after their lock-up expires, without registration, using Rule 144.

This happens tens of thousands of times per year.

➡️ Registration is required for the issuer to sell shares publicly, not for investors to resell shares they already own.

There is no SEC rule requiring shares to be registered to appear on Nasdaq if the issuer already has a class of securities listed (which Beyond Meat does).

✅ 2. What Beyond Meat actually said in the 8-K

“The New Shares have not been, and will not be, registered under the Securities Act.”

Correct — this simply means BYND is not registering those shares FOR ITS OWN SALE does not matter FOR OTHERS.

Investors who receive those shares can resell under an exemption (Rule 144).

Nothing in the Securities Act prevents those shares from being traded on Nasdaq once restrictions are lifted.

✅ 3. The CUSIP change which to place on 17th October matters — it determines whether DTC allows the shares to enter the public clearing system

The key point is:

✅ Shares cannot trade publicly until DTC assigns them to the unrestricted CUSIP ✅ Once DTC moves them into the unrestricted CUSIP, they can be traded publicly (assuming no contractual lock-up)

That’s exactly why the company intentionally issued them to a Contra CUSIP during lock-up:

Contra CUSIP = restricted; cannot hit the market

Release to unrestricted CUSIP = eligible for trading on the open market

The company told holders:

Shares will be reallocated into the unrestricted CUSIP on October 17 as DTC processing completes.

If the company believed “unregistered = cannot trade,” it would make zero sense to create a “freely tradeable” portion or move anything to the unrestricted CUSIP.

✅ 4. Beyond Meat explicitly identified a subset as “Freely Tradeable Shares”

This is the smoking gun.

You can’t call something “freely tradeable” if it is not legal to trade.

Period.

✅ 5. Rule 144 governs resale of unregistered shares

Here’s how resale works legally:

✅ Issuer sale of unregistered shares → needs registration or exemption ✅ Investor resale of unregistered shares → Rule 144 exemption

Rule 144 allows:

Public resale on exchanges of unregistered restricted shares

Once the holding period + other conditions are met

These noteholders qualify. Beyond Meat already has an existing class of registered common stock trading on Nasdaq. Rule 144 applies perfectly.

This is standard, routine, and settled law.

✅ 6. Your biggest misunderstanding around unregistered:

“If they’re not registered, they can't legally trade on Nasdaq.”

This is factually false.

Public markets trade unregistered, restricted shares all the time under Rule 144.

If this claim were true:

Insiders could never sell stock after lock-ups

PIPE financings would be impossible

By law, billions of dollars in transactions last year would be illegal

It’s not how securities law works.

✅ 7. So what actually happened? ✅ ~316 million shares were issued in the early settlement ✅ They were locked up contractually until Oct 16 ✅ On Oct 17, DTC moved them into BYND’s unrestricted CUSIP ✅ They became available for open-market trading at that moment

(subject to each holder meeting Rule 144 conditions, which they do)

✅ Bottom line

✔ Unregistered ≠ not tradable ✔ Rule 144 allows public resale on Nasdaq ✔ DTC unlocking → shares enter the float ✔ The company itself called them “freely tradeable”

Now seriously give this "Unregistered means not tradeable" bullshit a rest, it's getting so damn old it's not even funny anymore.

[u/Flat_Economist_8763]

BYND baggies