Beyond Meat Inc (NASDAQ:BYND) shares are trading lower Tuesday after the company filed for a mixed securities shelf offering.
What To Know: After the market close on Monday, Beyond Meat said in a filing that it may offer and sell up to $250 million of securities from time to time in one or more offerings. The securities available may include common stock, preferred stock, debt securities, warrants, purchase contracts or units.
Beyond Meat reported earnings at the end of February. The plant-based meat company said it had $205.9 million in cash, cash equivalents and restricted cash and $1.1 billion in debt as of Dec. 31.
Beyond ...