Recent Updates — MTTCF
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.
Steakholder Foods Ltd. filed a prospectus supplement with the SEC on October 5, 2026, increasing the aggregate offering price of American Depositary Shares (ADS) available for sale under its At-the-Market Offering Agreement with H.C. Wainwright & Co., LLC to up to $4,036,262. Each ADS represents twelve thousand ordinary shares. The offering is made pursuant to a shelf registration statement declared effective on April 11, 2025. Steakholder Foods Ltd. operates in the cultivated meat industry.
Steakholder Foods Ltd. announced the commercial launch of its Perfecta™ Premium Plant-Based Meat at retail outlets across the northeastern United States on September 3, 2026. This marks the brand's first U.S. store placement and is supported by distribution through KeHE Distributors. The initial product lineup includes plant-based marbled steak, filet mignon, chicken breast, salmon patties, and white fish patties, designed to replicate the texture and taste of conventional meat using proprietary 3D-printing technology. CEO Arik Kaufman stated this launch is a key milestone in the company's growth strategy, with plans for further retail expansion as consumer demand grows. Steakholder Foods Ltd. operates in the alternative protein industry, developing 3D-printing technologies to produce plant-based whole cuts of meat and seafood.
Steakholder Foods Ltd. filed unaudited interim financial statements for the six months ended June 30, 2026, reporting a net loss of $3.3 million and cash reserves of $1.1 million, raising substantial doubt about its ability to continue as a going concern. The company raised approximately $4.7 million in subsequent capital through a July private placement of pre-funded warrants and series E/F warrants at $1.99 per unit, warrant exercises, and equity line usage. On July 27, 2026, Steakholder executed a one-for-three reverse split of its American Depositary Shares (ADSs), consolidating the ratio from 4,000 to 12,000 ordinary shares per ADS effective that date. The company operates in the alternative protein and food technology sector, developing plant-based meat analogs and 3D printing production machinery.