Beyond Meat, the once leading light of the plant-based protein business world, is in danger of being delisted from the NASDAQ stock exchange because its stock price has remained under $1.00 for more than 30 days.

The company, which is in the process of removing the word “meat” from its brand moniker, received a letter of warning from NASDAQ on March 4. It has 180 calendar days — actually until August 31 — to remedy the situation or face delisting. Its closing bid price must remain at $1.00 or higher for 10 days in order to be in compliance.

The company said it is exploring its options to remain in compliance, including a possible reverse stock split.

Beyond Meat went public in 2019 and at one point was valued at $14 billion. Its peak stock price was $234.90 in July 2019.

However, sales have not been what was hoped for, with the 2025 Q3 earnings report showing a 13.3% loss in net revenue year over year, $70.2 million versus $81.0 million in 2024. The company said the revenue shortfall “was primarily driven by a 10.3% decrease in products sold, and a 3.5% decrease in net revenue per pound.”

Furthermore, the firm is hobbled by more than $1 billion in debt. Its October 2025 decision to issue more shares to address that debt caused the Beyond Meat’s stock to plummet to half its value.

Q4 earnings are expected to be reported by the end of this month.

The company is in the process of changing its brand name to “Beyond the Plant Protein Company”, or just “Beyond,” and is expanding its offerings to include such products as protein-based fizzy drinks.