M&A - Steakholder Foods Ltd.
Form Type: 424B4
Filing Date: 2025-07-17
Corporate Action: Acquisition
Type: New
Accession Number: 000121390025064962
Filing Summary: Steakholder Foods Ltd. is offering 184,174 American Depositary Shares (ADSs), each representing 500 ordinary shares, along with common warrants as part of a registration statement filed with the SEC. The offering price is set at $1.05 per ADS and accompanying common warrant. Additionally, an option for purchasers to acquire 2,196,780 pre-funded warrants at a reduced price of $1.04 is included in the offering, aimed at those who might exceed a 4.99% ownership post-offering. The pre-funded warrants are designed to ensure accessibility for larger investors. Proceeds from this offering are intended for immediate use, although uncertainties about effective utilization exist. The company also registered ADSs issuable from exercises of the offered warrants. The offering will complete around July 17, 2025, with a focus on the alternative protein market. Steakholder continues to engage in broader commercialization efforts including a recently established 3D printing demonstration center and ongoing projects that exemplify its innovative focus on plant-based and cultivated meat technology. Concurrently, Steakholder Foods is involved in an acquisition transaction related to Twine Solutions, with efforts to finalize definitive agreements pending shareholder approval and other customary conditions.
Additional details:
Offering Price: $1.05
Combination Price: $1.04
Warrant Exercise Price: $1.05
Number Of Ordinary Shares Per ADS: 500
Proceeds Before Expenses: $2,290,533.77
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