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Technology Stocks
Impossible Foods and Beyond
An SI Board Since April 2019
Posts SubjectMarks Bans Symbol
206 21 0 BYND
Emcee:  zax Type:  Moderated
Impossible Foods, the US plant-based meat company, is looking to raise fresh funding to increase its production capacity, after striking a distribution deal with fast-food chain Burger King. BK began trial marketing the product this week in St. Louis, MO, and word on the street has it that all inventories sold out within the first two days on the market.

The company has filed a Form D financing notice with the SEC for an undisclosed sum. Existing investor Temasek, which is backed by the Singapore government, is considering investing $75m in the round, according to people familiar with the situation. Investors hope the company would achieve a valuation of more than $1 billion through the fundraising.

In January of this year, Impossible Foods launched a new version of their signature burger, the Impossible Burger 2.0 at CES in Las Vegas.

CEO Pat Brown says they are working on "whole cuts of beef", including steak. "If we can make an awesomely delicious world-class steak . . . that will be very disruptive not just to the beef industry, but to other sectors of the meat industry."

No IPO has yet been announced. We'll associate the new BYND ticker with this board, for now, as no small hint to Pat Brown: If your also-ran competitor can do this outrageously well on the public market, why not make a go of it yourself? People are dying to give you their money and help you save the world. Think about all the talent you could acquire in your quest to save the planet when you can PRINT YOUR OWN MONEY.

More Info:

Wiki: en.wikipedia.org

ft.com



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206You're right. Ana Silva, CPA, MBA - Chief Financial Officer - Daiya Foods IGlenn Petersen-Tuesday
205It's a woman, right? Or maybe I'm not properly caffeinated yet. Daiya ClearSky-Tuesday
204The new guy has great credentials. There are more players in this space than I oGlenn Petersen-Tuesday
203Just found this thread recently when searching for info on this Very Good Food cClearSky-Tuesday
202Interesting company with a great trade name (The Very Good Butchers). Also, a grGlenn Petersen-November 20
201Perhaps VRYYF (OTC), a Canadian Plant-based food company that touts their producJubilationT1November 20
200A new SPAC, Natural Order Acquisition (unit symbol: NOACU), which is focusing onGlenn Petersen-November 16
199Some clarification on the McDonald's/Beyond Meat relationship. It looks likeGlenn Petersen2November 15
198Beyond Meat shares tank as coronavirus weakens demand for plant-based meat at reGlenn Petersen-November 9
197McDonald’s to test McPlant, which includes its own meat-free burger, next year; Glenn Petersen1November 9
196Cutting Greenhouse Gases From Food Production Is Urgent, Scientists Say New YorGlenn Petersen1November 6
195Impossible Foods Is Now Developing a Plant-Based Alternative to Cow's Milk zax-October 20
194Tattooed Chef is now public and trading under the symbol TTCF, Growing & MaGlenn Petersen-October 16
193Beyond Meat is building a factory near Shanghai, plans a major plant with full pA.J. Mullen-September 8
192Starbucks adds plant-based items to Asian menus from Beyond Meat, others PUBLISGlenn Petersen-September 8
191Beyond Meat’s U.S. grocery sales nearly triple, offsetting restaurant losses PUGlenn Petersen-August 4
190Beyond Meat enters grocery stores in mainland China through Alibaba partnership Glenn Petersen-July 1
189Starbucks partners with Impossible to sell plant-based breakfast sandwich PubliGlenn Petersen-June 23
188Beyond Meat to sell cheaper value packs of its meatless burgers Published Wed, Glenn Petersen-June 17
187Burger King adds Impossible Foods’ meatless sausage on its breakfast menu nationGlenn Petersen1June 15
186Yeah, not the deal I was hoping for and obviously a short term disappointment toGlenn Petersen-June 12
185I sold at breakeven this morning. Not the Impossible Foods deal I thought it mirogermci®-June 12
184thank you for the reply GlennLabrador-June 10
183Typically, the charters of SPACs require that the entities consummate a transactGlenn Petersen-June 10
182Why not another extension if they're "close"? The vote to extend Labrador-June 10
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