Key Takeaways
- Steakholder Foods will adjust the ratio of its American Depositary Shares (ADSs) from 1 ADS per 4,000 ordinary shares to 1 ADS per 12,000 ordinary shares, effective July 27, 2026.
- This change represents a one-for-three reverse ADS split, with no action required from current ADS holders.
- The company plans to launch its new plant-based meat product, Perfecta, in the U.S. market later this year.
Company Announcement
Steakholder Foods Ltd. (Nasdaq: STKH), a leader in 3D-printing technology for plant-based meats, is set to alter the ratio of its American Depositary Shares (ADSs) effective July 27, 2026. The new ratio will change from one ADS representing 4,000 ordinary shares to one ADS representing 12,000 ordinary shares. This adjustment will function as a one-for-three reverse ADS split, requiring no action from current holders.
The Bank of New York Mellon, the depositary bank for Steakholder’s ADS program, will manage the exchange process on the effective date, converting every three existing ADSs into one new ADS. No additional ADSs will be issued, and any fractional shares that arise will be aggregated and sold, with the proceeds distributed to ADS holders.
About Steakholder Foods
Founded in 2019, Steakholder Foods aims to revolutionize the alternative protein sector with its advanced technologies. The company is on track to launch its new product, Perfecta, which is positioned as a premium plant-based meat offering. The rollout is slated to start in the Northeastern U.S. in 2026, with plans for broader retail expansion as production scales.
Steakholder Foods also specializes in 3D-printing production machines, which utilize proprietary blends made from high-quality ingredients. These machines are intended to assist various manufacturers in producing food that meets consumer standards for taste and texture, while providing a sustainable alternative to traditional meat production.
In addition to its current offerings, the company is exploring the integration of cultivated cells in its production processes, signaling potential future advancements in food technology.
For further details, visit the company’s website at https://steakholderfoods.com.
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