Steakholder Foods Ltd. closes USD 6.5 million Public Offering
Steakholder Foods Ltd. an international deep-tech food company listed on Nasdaq has closed its public offering of 6,500,000 American Depositary Shares and warrant, raising gross proceeds of USD 6.5 million.
With facilities in Rehovot, Israel and Antwerp, Belgium, Steakholder Foods Ltd., formerly MeaTech 3D Ltd., is an international deep-tech food company at the forefront of the cultured meat revolution. It has recently expanded activities to the U.S. and will use the proceeds for corporate purposes.
Greenberg Traurig advised the company, which is developing a slaughter-free solution for producing a variety of beef, chicken, pork, and seafood products — both as raw materials and whole cuts — as an alternative to industrialized farming and fishing.
