Steakholder Foods is adjusting ADS ratio from 1:100 to 1:500, effective April 28, 2025.

From GlobeNewswire: 2025-04-23 16:30:00

Steakholder Foods Ltd. (Nasdaq: STKH) will adjust the ratio of its American Depositary Shares (ADSs) from 1:100 to 1:500, effective April 28, 2025. This change is a one-for-five reverse split for ADS holders, with no action required. The Bank of New York Mellon will exchange every 5 existing ADSs for 1 new ADS. The adjustment will not issue new ADSs, and any fractional shares will be sold, with proceeds distributed to holders. Steakholder Foods is a leader in 3D-printed meat and fish technology, offering safe and sustainable alternatives to traditional meat production methods.

Steakholder Foods is known for its innovative 3D-printing machines and proprietary premix blends that replicate traditional meat textures. The company also explores cultivated cell integration for future advancements. The company’s forward-looking statements highlight its commitment to developing cutting-edge technologies and ensuring the success of its products. Steakholder Foods’ expertise lies in creating alternative protein products that meet consumer expectations for taste, texture, and appearance, revolutionizing the alternative protein industry.



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