STOCK TITAN

Steakholder Foods Ltd - STKH STOCK NEWS

Welcome to our dedicated news page for Steakholder Foods (Ticker: STKH), a resource for investors and traders seeking the latest updates and insights on Steakholder Foods.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Steakholder Foods's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Steakholder Foods's position in the market.

Rhea-AI Summary

Steakholder Foods has appointed Michal Ansky as a Culinary Director and Special Strategic Consultant, bringing her extensive culinary expertise and collaboration skills to enhance the company's offerings as they move towards commercialization and expansion. Michal Ansky, a renowned gastronome and visionary, is known for her work in establishing farmers' markets and her role as a judge on MasterChef Israel. Her appointment aligns with Steakholder Foods' values of food sustainability and innovation in plant-based meat and 3D printing technologies.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.12%
Tags
none
-
Rhea-AI Summary
Steakholder Foods (Nasdaq: STKH) announced that it has regained compliance with the Nasdaq minimum bid price requirement after the closing bid price of its American Depositary Shares (ADSs) remained at $1.00 or above for 10 consecutive business days. The company had previously faced non-compliance issues due to the bid price falling below $1.00 for more than 30 consecutive days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Steakholder Foods introduces SHMeat and SHFish blends using advanced 3D food printing technologies after receiving ingredient approval in the US market. The blends are designed to mimic traditional meat and fish, offering sustainable and ethical alternatives. The company's commitment to using only GRAS ingredients emphasizes consumer health and safety.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
997.54%
Tags
none
Rhea-AI Summary
Steakholder Foods announces a ratio adjustment for its American Depositary Shares (ADSs) to enhance attractiveness to investors, aiming for lower volatility and better liquidity. The adjustment, effective April 4, 2024, will change the ratio from 1 ADS representing 10 ordinary shares to 1 ADS representing 100 ordinary shares. This will serve as a one-for-ten reverse ADS split, with no action required from ADS holders. The company anticipates a potential increase in ADS price to meet Nasdaq's minimum bid price requirements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Steakholder Foods receives $220,000 grant for 3D-printed hybrid grouper fish development from SIIRD, showcasing potential for sustainable food innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.5%
Tags
none
-
Rhea-AI Summary
Wyler Farms, a leading alternative protein producer, signed an MOU to acquire Steakholder Foods' state-of-the-art 3D Fusion Pro™ meat printer and proprietary software, along with a subscription to NutriBlend™ ink for plant-based meat production. The collaboration is valued at several million US dollars and is expected to enhance Wyler Farms' production capabilities, marking a significant development in the plant-based meat industry. The installation of the Fusion Pro™ 3D printer is anticipated to be completed between Q4 of 2024 and Q1 of 2025, with the capacity to produce up to 500 kg of printed products per hour.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.18%
Tags
none
Rhea-AI Summary
Steakholder Foods Ltd. announced the immediate exercise of certain outstanding warrants to purchase up to 14,357,143 American Depositary Shares at a reduced exercise price. The closing of the offering is expected to occur soon.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Steakholder Foods Ltd. (Nasdaq: STKH) has expanded its 3D-printing capabilities with the world's first plant-based, 3D-printed shrimps, designed to mimic the texture and flavor of conventional shrimps. The shrimp market is worth more than USD 60 billion, and is projected to continue growing substantially over the coming decade. With 7.6 million tons of shrimp harvested in 2023, Steakholder Foods aims to provide partners and customers with a practical and environmentally-friendly alternative to traditional shrimp farming.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3%
Tags
none
-
Rhea-AI Summary
Steakholder Foods Ltd. (Nasdaq: STKH) has received a feasibility report from the Mérieux NutriSciences group regarding its plant-based, 3D-printed whitefish and steak. The report concluded that the products' raw materials are permitted for use in plant-based substitutes or Generally Recognized as Safe (GRAS) and are considered safe for use in the United Arab Emirates. The 3D-printing process does not change the structure or composition of the materials used, making the resulting product subject to a conventional approval process. The company plans to engage with UAE regulatory authorities for approval and commercialization while working on revenue-generating commercialization agreements in additional regions in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.1%
Tags
none
Rhea-AI Summary
Steakholder Foods (STKF) revolutionizes seafood production with the launch of the world's first plant-based, 3D-printed eel. The breakthrough highlights the company's capability to accurately replicate the complex texture of eel through precision layering and a unique combination of materials in its proprietary 3D printing technology. The company's eel is expected to include cultivated eel cells in the future, positioning it at the forefront of the industry. Steakholder Foods estimates that its partners and customers will be able to mass-produce 3D-printed eel at a competitive price range, addressing the cost challenges linked to the current global prices of eel. The global eel market, valued at USD 4.3 billion in 2022, faces critical challenges such as overexploitation and the risk of extinction, highlighting the need for sustainable alternatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.23%
Tags
none
Steakholder Foods Ltd

Nasdaq:STKH

STKH Rankings

STKH Stock Data

27.51M
174.23M
2.63%
0.18%
Surgical and Medical Instrument Manufacturing
Manufacturing
Link
Israel
Rehovot