Corporate ActionNov 4, 2026, 05:07 PM
Steakholder Foods Announces ADS Ratio Adjustment
AI Summary
Steakholder Foods Ltd. announced a planned adjustment to its American Depositary Shares (ADS) ratio, changing it from one ADS representing 12,000 ordinary shares to one ADS representing 60,000 ordinary shares, effective November 9, 2026. This change is equivalent to a one-for-five 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 announces an ADS ratio adjustment effective November 9, 2026.
- The ratio will change from 1 ADS representing 12,000 ordinary shares to 1 ADS representing 60,000 ordinary shares.
- This is equivalent to a one-for-five reverse ADS split for ADS holders.
- No action is required from ADS holders; fractional shares will be sold by the depositary bank.
Price Impact
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