Core Points - Planet Based Foods Global Inc. held its annual general meeting (AGM) on November 24, 2025, in Vancouver, British Columbia, to discuss matters related to the financial years ended December 31, 2023, and December 31, 2024 [1] - Shareholders approved all matters outlined in the Company's Notice of Meeting and Management Information Circular dated October 23, 2025, with 19,585,642 shares represented, accounting for 55.98% of the total issued shares [2] Summary by Categories Number of Directors - The number of directors for the Company was set at six (6) for the upcoming year [3] Election of Directors - All nominated directors were elected to serve until the next annual meeting or until their successors are appointed [4] Appointment of Auditor - MNP LLP, Chartered Accountants, was appointed as the auditor for the Company for the ensuing year, with the Board authorized to fix the auditor's remuneration [4] Approval of Compensation Arrangement - Shareholders approved the evergreen security-based compensation arrangement, which includes the Company's stock option plan and restricted share unit plan [5] Ratification of Past Acts - An ordinary resolution was passed to ratify and confirm all acts, contracts, proceedings, appointments, elections, payments, and engagements made by or on behalf of the Company since the last AGM [6] Company Overview - Planet Based Foods Global Inc. focuses on sustainable ingredients and plant-based solutions, aiming to create a cleaner, healthier, and more resilient global food system [7]

Core Insights - Beyond Meat's stock has surged over 700% in five days, reaching $6.73, significantly outperforming the S&P 500's 0.7% increase during the same period [1][2] Distribution Agreement - The stock rally was triggered by a new distribution agreement with Walmart, allowing select Beyond products to be sold in over 2,000 Walmart locations, enhancing brand visibility [2] Financial Performance - Despite the stock surge, Beyond Meat's fundamentals remain weak, with revenue declining approximately 5% over the last year and nearly 20% year-over-year in the most recent quarter [5][6] - The company reported an operating loss of around $160 million over the last year, with an operating margin of approximately -53% and a net margin of -51% [6][7] Debt and Liquidity - Beyond Meat has around $1.3 billion in debt and only $103 million in cash, indicating constrained liquidity and significant leverage risk [9] Market Psychology - The stock's recent rally is partly attributed to market psychology, as Beyond Meat is one of the most shorted stocks, leading to rapid price increases when buying pressure arises [10] Long-term Viability - The company has experienced significant volatility, with its stock plummeting 97% from its peak of $192 in 2021 to below $6 by late 2023, indicating ongoing challenges in achieving recovery [11][12] - The recent partnership with Walmart may enhance visibility, but it does not guarantee long-term viability, as sales are declining and losses are substantial [12][13]

Group 1: Trade Relations and Economic Indicators - President Trump expresses optimism about a potential soybean deal with China, indicating that trade negotiations are regaining momentum after recent tariff threats [3][4] - China imported no soybeans from the US in September, marking the first time in seven years that this has occurred, compared to 1.7 million metric tons imported last year [4] - The US government shutdown is affecting the release of key economic reports, with the Consumer Price Index (CPI) report delayed until October 20, and economists forecasting a total CPI increase to 3.1% [9][10] Group 2: Technology and Earnings Reports - Amazon Web Services (AWS) experienced a widespread outage affecting major websites and apps, including United Airlines and Coinbase, but is reportedly recovering [5][6] - Apple’s iPhone 17 sales are 14% higher than the previous year's iPhone 16 during the first 10 days of release, with sales in China nearly double that of the iPhone 16 [7][8] - Tesla is expected to report strong Q3 earnings, with revenue projected at $26.27 billion and a record of 497,000 EVs sold, driven by the expiration of the $7,500 EV tax credit [11][43] Group 3: Market Trends and Stock Movements - Beyond Meat's stock surged over 70% in pre-market trading after restructuring its debt, despite a significant decline in value over the past five years [36] - Kering, the parent company of Gucci, is selling its beauty division to L'Oreal for €4 billion, resulting in a nearly 94% increase in its stock over six months [39] - The marine defense division of Thyssenkrupp made its market debut with a valuation exceeding $4 billion, reflecting increased demand for defense technology amid ongoing geopolitical tensions [40][41] Group 4: Cryptocurrency Insights - Bitcoin has historically performed well in October, with an 86% positive win rate since 2018, suggesting a bullish trend for the cryptocurrency [27][29] - Investors should monitor bank custody of Bitcoin and crypto assets, as well as ETF flows, which have seen $40 billion in inflows this year, indicating potential impacts on price [30][33]

Market Overview - The market is experiencing fluctuations, with a notable bounce from session lows as the trading day comes to a close [1][2] - Investors are concerned about a potential government shutdown, which could impact upcoming economic data releases, including a jobs report [2][3] Seasonal Trends - Historically, this month was expected to be muted, yet the market has reached multiple record highs this year, raising questions about the sustainability of this trend [4][5] - Goldman Sachs analysts suggest a year-end rally is possible, supported by favorable market positioning and expectations for the upcoming earnings season [5][6] Market Performance - Major indices are showing positive movement, with the Dow Jones up approximately 0.1%, S&P 500 up about 0.25%, and NASDAQ composite up around 0.5% [6][7] - The S&P 500 saw 308 stocks gain ground, indicating a healthy breadth despite contained moves at the benchmark level [8] Sector Performance - Consumer discretionary and technology sectors are leading gains, while communication services and energy sectors showed minor declines [9] Notable Stock Movements - Applovin, a mobile app marketing company, saw a significant increase of about 11%, with analysts raising price targets substantially [10][11] - Cannabis stocks, particularly Tilray Brands, experienced a surge of approximately 61% following positive media coverage regarding CBD benefits [13] - Carnival Corporation reported record revenue and raised its earnings forecast, yet shares fell by 4% due to market reactions [17][18] - Beyond Meat shares plummeted by 36% after announcing a debt restructuring plan, marking a record low for the company [22] Earnings Reports - Vail Resorts reported a fourth-quarter loss that exceeded analyst expectations, contributing to a decline in stock value [26][28] - The company is facing challenges with decreased skier visits and a rough year overall, leading to a 20% year-to-date decline in stock price [28][30]