Steakholder Foods Ltd. announced an adjustment to its American Depositary Share (ADS) ratio, changing from one ADS representing 12,000 ordinary shares to one ADS representing 60,000 ordinary shares. This change functions as a one-for-five reverse split for ADS holders and takes effect on November 9, 2026. The company will continue trading on the Nasdaq Capital Market under the ticker STKH with an updated CUSIP number. Fractional shares resulting from the adjustment will be aggregated and sold by the depositary bank, with net proceeds distributed to affected holders. Steakholder Foods is a global leader in 3D-printing technology for the production of whole cuts of plant-based meat.
