Steakholder Foods Announces ADS Ratio Adjustment
Steakholder Foods Ltd. - American Depositary Shares (STKH)
Company Research
Source: PR Newswire
REHOVOT, Israel, April 1, 2024 /PRNewswire/ -- Steakholder Foods Ltd. (Nasdaq: STKH), a leading innovator in 3D-printed meat and fish technology and cultivated cell innovation, today announced its plan to adjust the ratio of the company's American Depositary Shares (ADSs) in relation to its ordinary shares. The adjustment will change the current ratio from one (1) ADS representing ten (10) ordinary shares to a new ratio of one (1) ADS representing one hundred (100) ordinary shares, effective on April 4, 2024. Steakholder Foods' ADSs will continue to be traded on the Nasdaq Capital Market under the ticker "STKH," with an updated CUSIP Number of 583435201.This ratio adjustment will essentially serve as a one-for-ten reverse ADS split for ADS holders, requiring no action on their part. The Bank of New York Mellon, serving as the depositary bank for Steakholder Foods' ADS program, will arrange for the exchange of every ten (10) existing ADSs held for one (1) new ADS on the effective date.
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STKH
News
- Steakholder Foods Reports 2023 Financial Results and Provides Business UpdatePR Newswire
- Steakholder Foods Welcomes Michal Ansky as Culinary Director and Special Strategic ConsultantPR Newswire
- Steakholder Foods Regains Compliance With Nasdaq Minimum Bid Price RequirementPR Newswire
- Steakholder Foods Brings Sustainable Innovation to the U.S. with 3D-Printed Plant-Based DelicaciesPR Newswire
- Steakholder Foods Receives Initial SIIRD Grant PaymentPR Newswire
STKH
Sec Filings
- 4/30/24 - Form 6-K
- 4/30/24 - Form S-8
- 4/30/24 - Form 6-K
- STKH's page on the SEC website