Steakholder Foods Ltd. - American Depositary Shares (STKH)

Rehovot, 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:

Rehovot, 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.

Under 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.

Singapore, 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 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.

Rehovot, 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 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

Steakholder 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.

Total of $490,000 received to date from $1,000,000 grant, based on the continued development of 3D-printed plant-based fish and eel

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.

Letter highlights recent commercial milestones, transition to revenue generation, and growth outlook for 2025

Company Expands Premix Revenue Stream with Second Purchase Order in the past month

Initial Order Marks First Income Milestone for Company as it Secures Initial Revenue Stream for Alternative Protein Premixes

Agreement Enables Bondor Foods to Launch Production of White Fish Kebab and Salmon Patties Developed Using Steakholder Foods’ Premixes, Marking Transition to Large-Scale Manufacturing

Demo Center Showcases the Printing Production Line with Live Demonstrations, Highlighting Advanced Methodologies in Plant-Based Food Manufacturing

 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%

Rehovot, 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.

Rehovot, 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.

Presentation to be Webcast at 9:15 AM ET on August 14, 2024

Report Details Company’s Dedication to Sustainable Business Practices and Ethical Standards

Rehovot, 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.

The letter highlights key H1 2024 achievements and commercial strategy for H2 2024

New Vegan Fish Salads Developed by Steakholder Foods with Proprietary SHFISH™ Premix Blends to be Introduced by Sherry Herring

Israel's recent regulatory approval for Aleph Farms' cultivated beef product marks a monumental shift in the food industry, particularly in the realm of sustainable and ethical food production. This landmark decision not only highlights Israel's progressive stance in food technology but also signals a potential domino effect for other innovative companies in the cultivated meat sector. Among these, Steakholder Foods emerges as a significant beneficiary and a company of interest for investors and industry watchers.

Rehovot, Israel, July 25, 2023 (GLOBE NEWSWIRE) -- Steakholder Foods Ltd. (Nasdaq: STKH) (“Steakholder Foods” or the “Company”), an international deep-tech food company at the forefront of the cultivated meat industry, today announced that it has entered into a definitive agreement for the purchase and sale in a registered direct offering of 6,000,000 of the Company’s American Depositary Shares (“ADSs”) (or ADS equivalents in lieu thereof), each ADS representing ten (10) ordinary shares, at a purchase price of $1.00 per ADS (or ADS equivalent in lieu thereof). The Company has also agreed to issue in a concurrent private placement unregistered warrants to purchase up to an aggregate of 6,000,000 ADSs. The warrants will have an exercise price of $1.10 per ADS, will be immediately exercisable upon issuance, and will expire three and one-half years from the date of issuance. The closing of the offering is expected to occur on or about July 27, 2023, subject to the satisfaction of customary closing conditions.