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0 0 0.0459227467811158 0.0459227467811158 0.0459227467811158 -0.0332618025751073 -0.0128755364806867 -0.0345493562231761
Stock impact report

Steakholder Foods Ltd. Announces Exercise of Warrants for Approximately $6.6 Million in Gross Proceeds

Steakholder Foods Ltd. - American Depositary Shares (STKH) 
Company Research Source: PR Newswire
REHOVOT, Israel, Jan. 25, 2024 /PRNewswire/ -- Steakholder Foods Ltd. (Nasdaq: STKH) ("Steakholder Foods" or the "Company"), a leader in cultivated meat and 3D bioprinting technology, today  announced the entry into a definitive agreement for the immediate exercise of certain outstanding warrants to purchase up to an aggregate of 14,357,143 American Depositary Shares (ADSs), having exercise prices ranging from $1.00 to $1.10 per ADS, issued by Steakholder Foods in July 2022, January 2023 and July 2023, at a reduced exercise price of $0.46 per ADS. The ADSs representing ordinary shares issuable upon exercise of warrants into 7,857,143 ADSs are registered pursuant to effective registration statements on Form F-1 (File No. 333-275365) and F-3 (333-264110). The ADSs representing ordinary shares issuable upon exercise of the remaining 6,500,000 warrants are not registered pursuant to an effective registration statement that is current, and may not be offered or sold in the U.S. absent regi Show less Read more
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