Steakholder Foods announces $3.5M private placement with warrant upside

Steakholder Foods Ltd. (Nasdaq: STKH) has entered into definitive agreements for a private placement expected to raise approximately $3.5 million in upfront gross proceeds, with the potential for up to an additional $7 million if accompanying warrants are fully exercised, according to a press release issued July 31, 2026.

The offering consists of 1,750,000 American Depositary Shares, or ADS equivalents, priced at $2.00 per ADS. Each ADS represents 12,000 ordinary shares of the Israel-based company. The transaction also includes two series of warrants: short-term Series E warrants and Series F warrants, each covering up to 1,750,000 ADSs at an exercise price of $2.00 per ADS.

Both warrant series become exercisable upon shareholder approval of an increase in the company's authorized ordinary shares. The Series E warrants expire 18 months after that approval or the effectiveness of a resale registration statement, whichever is later. The Series F warrants carry a five-year expiration under the same terms. The company noted that no assurance exists that any warrants will be exercised.

The private placement is expected to close on August 3, 2026, subject to customary closing conditions. H.C. Wainwright & Co. is serving as exclusive placement agent for the transaction.

Steakholder Foods said it intends to use net proceeds for research and development, business growth, working capital, and general corporate purposes.

The securities were offered under Section 4(a)(2) of the Securities Act of 1933 and have not been registered under federal or state securities laws.

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