Beyond Meat, Inc. has secured a $100 million senior secured debt facility with Unprocessed Foods, LLC to strengthen its balance sheet and support long-term strategies. The financing comes after reporting a 9.1% decline in net revenues in the first quarter of 2025, driven by reduced product volume in US retail and foodservice channels due to weak category demand and broader economic conditions.

Despite a gross profit loss and decreased operating expenses in the same period, Beyond Meat's president and CEO, Ethan Brown, remains focused on becoming EBITDA-positive by the end of 2026. The financing terms include a senior secured delayed-draw term loan with an interest rate of 12% until February 2027, and warrants for Unprocessed Foods to purchase up to 12.5% of Beyond Meat's outstanding shares. This financing will be used for general corporate purposes to strengthen the company's financial position.