Financing ·
Steakholder Foods Ltd. closed a private placement on August 3, 2026, raising approximately $3.5 million in gross…
MTTCFSteakholder Foods Ltd.
Steakholder Foods Ltd. closed a private placement on August 3, 2026, raising approximately $3.5 million in gross proceeds by issuing pre-funded warrants and accompanying series E and F warrants to an accredited investor. The transaction involves the issuance of up to 1,750,000 American Depositary Shares (ADSs), with each ADS representing 12,000 ordinary shares. The combined purchase price was $1.99 per pre-funded warrant and accompanying warrants. Series E and F warrants carry a $2.00 exercise price per ADS and become exercisable upon shareholder approval of an authorized share increase. Potential additional proceeds of approximately $7 million may be realized if the warrants are fully exercised in cash. The company intends to use net proceeds for research and development, business growth, working capital, and general corporate purposes. Steakholder Foods Ltd. operates in the alternative protein industry, specializing in 3D-printing technology for producing plant-based meat products.