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GlobeNewsWire
17 days ago
Steakholder Foods Ltd. Announces Warrant Exercise for $1.5 Million in Gross Proceeds
Rehovot, Israel, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Steakholder Foods Ltd. (Nasdaq: STKH) (“Steakholder Foods” or the “Company”), a leading innovator in alternative proteins and 3D printing technologies, today announced the entry into the definitive agreements for the immediate exercise of certain outstanding warrants to purchase an aggregate of 297,618 of the Company's American Depository Shares (“ADSs”), each representing four thousand (4000) ordinary shares of the Company, originally issued by the Company on July 17, 2025, each having an original exercise price of $8.40 per ADS, at a reduced exercise price of $5.00 per ADS. In addition, the Company will issue new warrants, as described below. The closing of the warrant exercise transaction is expected to occur on or about October 1, 2025, subject to the satisfaction of customary closing conditions.