IPO - Steakholder Foods Ltd.

Form Type: POS AM

Filing Date: 2025-04-09

Corporate Action: Ipo

Type: New

Accession Number: 000121390025030115

Filing Summary: Steakholder Foods Ltd. has filed a post-effective amendment to its Form F-1 registration statement, indicating a plan to offer up to 600,000 American Depositary Shares (ADSs) as part of an ongoing public offering. Each ADS represents 100 ordinary shares of the company, which are being offered for resale by a selling shareholder who is part of a private placement that initially occurred on July 25, 2023. The offering price for the ADSs is reflective of negotiated market terms and is dependent on the price at which the selling shareholder chooses to sell. The filing emphasizes that the company will not receive any proceeds from this offering; all proceeds will go directly to the selling shareholder. This amendment highlights both the potential for stock dilution and the company's strategic marketing efforts within the alternative protein industry, showcasing new production technologies designed to cater to changing consumer demands. Furthermore, Steakholder Foods is presenting itself as an emerging growth company under U.S. securities regulations, thereby opting for a reduced reporting obligation. The document also outlines recent developments, including a successful merger and ongoing innovation efforts in the field of cultivated meat technologies, as well as strategic partnerships designed to enhance stockholder value and drive market penetration. With the ticker symbol 'STKH' listed on the Nasdaq Capital Market, the form emphasizes compliance with SEC guidelines and ongoing disclosure requirements, while featuring risk factors associated with the current business model and market environment.

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Form Type: F-1

Filing Date: 2025-03-31

Corporate Action: Ipo

Type: New

Accession Number: 000121390025025816

Filing Summary: Steakholder Foods Ltd. is initiating a registration statement under the Securities Act of 1933, detailing the offering of 7,555,555 American Depositary Shares (ADSs), each representing 100 ordinary shares. The offering is valued at up to $8 million, which is primarily for resale by the selling shareholder. The proceeds from the sale will not directly benefit Steakholder Foods as they will be received by the selling shareholder. The ADSs are listed on the Nasdaq Capital Market under the symbol 'STKH'. The company, which produces alternative protein technologies focusing on 3D printing of meat and seafood analogs, has made strides in developing commercial applications for such technologies, indicating a commitment to reducing the environmental impact of food production. Key recent developments include partnerships and purchase orders from other companies for the supply of plant-based products and launching their first full-scale Demonstration Center in September 2024. The document outlines specifics regarding the ELOC Purchase Agreement, under which the selling shareholder has committed to purchase up to $8 million in ADSs and indicates the potential for significant dilution for existing shareholders due to these issuances. The company's historical context includes a series of name changes and mergers, reflecting its evolution in the food technology space. The registration statement is expected to remain effective until the completion of the selling shareholder's transactions.

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