Steakholder Foods adjusts ADS ratio in reverse split

Steakholder Foods Ltd. (NASDAQ: STKH) announced it will adjust the ratio of its American Depositary Shares to ordinary shares effective September 10, 2025. The current ratio of one ADS representing 500 ordinary shares will change to one ADS representing 4,000 ordinary shares.

The adjustment functions as a one-for-eight reverse ADS split for shareholders. ADS holders will receive one new ADS for every eight existing ADSs they hold. The Bank of New York Mellon, serving as the depositary bank, will handle the exchange process.

The company's ADSs will continue trading on the Nasdaq Capital Market under the ticker "STKH" with an updated CUSIP number of 583435409. No new ADSs will be issued in connection with the adjustment.

Fractional shares resulting from the adjustment will be aggregated by the depositary bank, which will attempt to sell them and distribute net proceeds to respective ADS holders. The adjustment requires no action from ADS holders.

Steakholder Foods, founded in 2019, develops 3D-printing technology for alternative protein production. The company manufactures 3D-printing production machines and proprietary premix blends for food manufacturers.

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