
SplitJul 22, 2026, 05:15 PM
Steakholder Foods Announces 1-for-3 Reverse ADS Split
AI Summary
Steakholder Foods Ltd. announced a change in the ratio of its American Depositary Shares (ADSs) to ordinary shares, effective July 27, 2026. The new ratio will be one ADS representing 12,000 ordinary shares, adjusted from the current one ADS representing 4,000 ordinary shares. This adjustment will effectively serve as a 1-for-3 reverse ADS split for ADS holders, requiring no action on their part. The company's ADSs will continue to trade on the Nasdaq Capital Market under the ticker "STKH."
Key Highlights
- Steakholder Foods to adjust ADS ratio from 1:4,000 to 1:12,000 ordinary shares.
- The adjustment is effective on July 27, 2026.
- This change will function as a 1-for-3 reverse ADS split for ADS holders.
- No action is required from current ADS holders.
- The Bank of New York Mellon will exchange three existing ADSs for one new ADS.
- No additional ADSs will be issued in connection with this adjustment.
Price Impact
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