Details of alt-meat company’s early closing on exchange deal spooks investors.
Beyond Meat is forging ahead with its exchange offer, with exchange agent MacKenzie Partners Inc., announcing that, as of Friday, 96.92% of the outstanding principal amount of existing convertible notes have been validly tendered.
The exchange offer was expected to close on Oct. 28, provided 86% of the convertible note holders agreed to the deal. With nearly 97%…
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