Steakholder Foods® Announces $1.25 Million Private Placement and $8 Million Equity Line of Credit Funding MechanismRehovot, Israel, Feb. 28, 2025 (GLOBE NEWSWIRE) -- Steakholder Foods Ltd. (Nasdaq: STKH), a leading innovator in alternative proteins and 3D printing technologies, today announced the entry into definitive agreements for a private placement to technology investor Alumni Capital LP, of 985,028 of the Company’s American Depositary Shares (“ADSs”) (or pre-funded warrants in lieu thereof), each ADS representing 100 ordinary shares of the Company, at a purchase price of $1.269 per ADS (or pre-funded warrants in lieu thereof) and warrants to purchase up to an aggregate of 985,028 ADSs. The warrants will have an exercise price of $2.00 per ADS, will be immediately exercisable upon issuance, and will expire five years from the date of issuance.
Steakholder Foods® Secures $250,000 in Third SIIRD Grant InstallmentTotal of non-dilutive $740,000 received to date from $1,000,000 grant, based on the continued development of 3D-printed plant-based fish and eel
Steakholder Foods Shares Letter from CEO Arik KaufmanRehovot, Israel, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Steakholder Foods Ltd. (Nasdaq: STKH) (the “Company”), a leading innovator in alternative proteins production and 3D printing technologies, shared a letter from its CEO, Mr. Arik Kaufman, providing updates as the Company enters 2025, as follows:
Steakholder Foods to Present at the 27th Annual ICR ConferenceRehovot, Israel, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Steakholder Foods Ltd. (Nasdaq: STKH) (the “Company”), a leading innovator in alternative proteins production and 3D printing technologies, today announced that Arik Kaufman, CEO, will participate in the 27th Annual ICR Conference being held on January 13-15, 2025 in Orlando, FL.
Steakholder Foods® to Sell MX200 Printer to Vegefarm for Asia Market LaunchUnder a Memorandum of Understanding, Steakholder Foods will adapt its 3D-printed plant-based Marbled Beef Steak for the Asian market, with Taiwanese manufacturer Vegefarm leading commercialization efforts.
UMAMI Bioworks and Steakholder Foods Join Forces to Scale 3D-Printed Fish Fillets for Global CommercializationSingapore, Nov. 25, 2024 (GLOBE NEWSWIRE) -- UMAMI Bioworks, a leading global cultivated seafood platform provider and Steakholder Foods (Nasdaq: STKH), a leading innovator in alternative proteins and 3D printing technologies, today announced the culmination of a two-year R&D collaboration funded by the Singapore-Israel Industrial R&D (SIIRD) grant. The partnership established the feasibility of producing 3D-printed cultivated fish products at scalable volumes and will now advance to bring commercial-ready seafood products to market.
PESG Research Report: Steakholder Foods Ventures into Alternative Assets as Treasury Strategy amidst Accelerating Commercialization
PESG research releases a market alert covering Steakholder Foods (Nasdaq: STKH): Steakholder Foods a leader in alternative proteins and 3D printing technologies, has approved up to $1 million in crypto-currency purchases, as part of its treasury strategy. CEO Arik Kaufman describes the move as forward-thinking, aligning with the growing institutional adoption of digital assets and the recent approval of cryptocurrency ETFs. This strategic step not only underscores Steakholder’s innovative ethos but could also enhance its financial flexibility.
Steakholder Foods’ Board of Directors Approves Purchase of Cryptocurrencies as Treasury Reserve AssetsRehovot, Israel, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Steakholder Foods Ltd. (Nasdaq: STKH) (“Steakholder” or the “Company”), a leading innovator in alternative proteins production and 3D printing technologies, announced today that the Company's Board of Directors has approved the purchase of up to $1 million in Bitcoin or cryptocurrency tracking indices. "As demand for cryptocurrencies grows and so does their acceptance as an asset class, we believe that Bitcoin, or a diversified basket of cryptocurrencies including Bitcoin, will serve as strong treasury reserve assets for the Company," said Arik Kaufman, CEO of Steakholder Foods. "With recent approval of cryptocurrency ETFs and growing support from institutional investors, cryptocurrencies could be a great addition to our treasury strategy, with a view to providing a functional store of value.”
Steakholder Foods Signs Six Commercial LOIs with International Players; Receives Prestigious Industry AwardsSteakholder Foods announces commercial milestones with multiple global players highlighting its accelerating growth strategy and transition to revenue-generation; Receives professional industry recognition for its innovative products
Market Alert: Steakholder Foods Advances in 3D-Printed Seafood with Grant Funding; Continues Commercialization JourneySteakholder Foods Ltd. (
NASDAQSTKH), an innovator in alternative proteins and 3D food printing, has reached another milestone in its development of plant-based seafood alternatives, securing a second payment of $270,000 from a grant awarded by the Singapore-Israel Industrial R&D Foundation (SIIRD). This latest installment brings Steakholder Foods’ funding from SIIRD to $490,000 out of a total grant of $1 million, a financial boost aimed at supporting the company’s work in 3D-printed, plant-based fish and eel products. The project, backed by SIIRD’s resources, marks another step forward for Steakholder Foods as it continues its shift from R&D to revenue-generating commercialization.
Steakholder Foods® Secures $270,000 in Second SIIRD Grant InstallmentTotal of $490,000 received to date from $1,000,000 grant, based on the continued development of 3D-printed plant-based fish and eel
PESG Research Report: Steakholder Foods Delivering on Commercialization Promise; Strategic Partnerships and Revenue Streams Fuel Alternative Protein Expansion
Steakholder Foods (
NASDAQSTKH), a pioneer in alternative proteins and 3D food printing technologies, has recently transitioned from research and development to commercialization, marking a significant milestone in its journey toward profitability. This shift is underscored by strategic partnerships, product innovations, and the establishment of revenue streams, positioning the company at the forefront of the rapidly expanding alternative protein market.
Steakholder Foods® Shares Letter from the CEO, Arik KaufmanLetter highlights recent commercial milestones, transition to revenue generation, and growth outlook for 2025
Steakholder Foods® Receives First Ever Purchase Order Under New Commercial Sales Agreement with Bondor FoodsInitial Order Marks First Income Milestone for Company as it Secures Initial Revenue Stream for Alternative Protein Premixes
Steakholder Foods® Signs Commercial Sales Agreement for its Plant-Based Premixes with Bondor FoodsAgreement Enables Bondor Foods to Launch Production of White Fish Kebab and Salmon Patties Developed Using Steakholder Foods’ Premixes, Marking Transition to Large-Scale Manufacturing
Steakholder Foods® Launches New Demonstration Center to Showcase 3D Printing Food ProductionDemo Center Showcases the Printing Production Line with Live Demonstrations, Highlighting Advanced Methodologies in Plant-Based Food Manufacturing
Steakholder Foods® Reports H1 2024 Financial Results and Provides Business Update Company Successfully Transitions from R&D to Commercial Phase with Four Strategic Deals Secured in First Half of 2024, All While Reducing Expenses By More Than 50%
Steakholder Foods® to Participate in the H.C. Wainwright 26th Annual Global Investment ConferenceRehovot, Israel,, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Steakholder Foods Ltd. (Nasdaq: STKH), a leading innovator in alternative proteins and 3D printing technologies, today announced that its Chief Executive Officer, Mr. Arik Kaufman, will participate in the H.C. Wainwright 26th Annual Global Investment Conference, taking place in New York City on September 9-11, 2024.
Steakholder Foods® to Host Conference Call to Discuss H1 2024 Financial Results and Provide Business UpdateRehovot, Israel, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Steakholder Foods Ltd. (Nasdaq: STKH), a leading innovator in alternative proteins production and 3D printing production technologies, announced today it will host a conference call on Thursday, September 5, 2024 at 8:30 am Eastern Time to discuss financial results for the half-year ended June 30, 2024 and provide a business update.
Steakholder Foods® Advances Commercialization Strategy Through New MoU with another client, PremazonRehovot, Israel, July 23, 2024 (GLOBE NEWSWIRE) -- Steakholder Foods Ltd. (Nasdaq: STKH), a leading innovator in alternative proteins production and 3D printing production technologies, today announced an agreement with Premazon, a renowned frozen foods manufacturer and institutional market distributor. This partnership will introduce a new line of plant-based fish products, developed with Steakholder Foods’ proprietary SH™ - Fish premix blend and made commercially available through Premazon’s manufacturing capabilities and distribution network. This collaboration represents a potential income-generating opportunity for Steakholder Foods, while also strengthening the Company’s operations and workflow. These enhancements position the Company favorably for future deals with global manufacturers as Steakholder Foods continues to expand its presence in the plant-based market.
