Wolverine Asset Management's 13D Filing for Beyond Meat

Wolverine Asset Management LLC (WAM) filed a Schedule 13D with the SEC, disclosing its ownership of 18,934,083 shares of Beyond Meat, Inc. (BYND) common stock, representing 4.82% of the outstanding shares. The filing details WAM's participation in Beyond Meat's exchange offer, where WAM tendered $117.82 million in convertible notes in exchange for new shares and convertible notes. The new notes bear interest at 7% and mature in 2030. WAM also entered into a transaction support agreement and voting agreements with Beyond Meat, committing to support certain proposals. The filing serves as an exit filing, as WAM's ownership dropped below 5% on October 17, 2025.