Steakholder Foods (STKH) has released an update.
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Steakholder Foods Ltd. has announced an offering of up to $4 million in American Depositary Shares (ADSs), representing ordinary shares of the company, according to a Sales Agreement dated August 1, 2024. The company’s Israeli counsel has provided an opinion letter confirming the legal proceedings for the issuance are in accordance with Israeli law and the company’s articles of association. This offering is intended to increase the company’s share capital and facilitate further investment.
For further insights into STKH stock, check out TipRanks’ Stock Analysis page.
