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Subsidiary of Steakholder Foods (NASDAQ: STKH) seeks Israeli insolvency protection

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Steakholder Foods Ltd. reports that its subsidiary, Twine Solutions Ltd., has filed a request with the Central District Court in Israel to begin proceedings under the Israeli Insolvency and Financial Rehabilitation Law, 2018. This follows the board’s earlier decision on January 15, 2026 to discontinue additional funding for Twine after reviewing its financial performance and capital needs.

The insolvency process is at a preliminary stage, and the Company states it cannot currently assess how this will affect its own business. Steakholder Foods indicates it is considering its next steps while remaining focused on strengthening its core operations and advancing initiatives intended to support shareholder value over the near and long term.

Positive

  • None.

Negative

  • Subsidiary insolvency filing underscores financial distress: Twine Solutions Ltd. has requested court-supervised proceedings under Israel’s Insolvency and Financial Rehabilitation Law, 2018, following the parent’s decision to discontinue funding, introducing uncertainty about any knock-on effects for Steakholder Foods’ business.

Insights

Subsidiary enters insolvency process; group impact still unclear.

The update confirms that Twine Solutions Ltd., a subsidiary of Steakholder Foods Ltd., has requested court-supervised proceedings under Israel’s Insolvency and Financial Rehabilitation Law, 2018. This comes shortly after the parent’s decision to stop providing additional funding to Twine following a review of its financial performance and capital requirements, indicating sustained financial stress at the subsidiary level.

The parent company explicitly notes that the insolvency proceedings are at a preliminary stage and that it cannot currently assess the impact on its business. This language signals uncertainty around any future financial, operational, or reputational effects for the group. At the same time, management emphasizes an intention to focus on core operations and on initiatives aimed at supporting shareholder value, suggesting a strategic move to concentrate resources on businesses seen as more central to its long-term plans.

For now, the development mainly highlights execution and restructuring risk around non-core assets, while future disclosures will be needed to clarify any direct write-offs, liability implications, or changes to Steakholder Foods’ operating focus arising from the Twine process.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

FOR THE MONTH OF JANUARY 2026

 

COMMISSION FILE NUMBER 001-40173

 

Steakholder Foods Ltd.
(Translation of registrant’s name into English)

 

Steakholder Foods Ltd.
5 David Fikes St., Rehovot 7632805 Israel

+972 -73-541-2206
(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F:

 

Form 20-F    Form 40-F

 

 

 

 

 

UPDATE REGARDING TWINE SOLUTIONS LTD.

 

Further to the update of Steakholder Foods Ltd. (the “Company”) of January 15, 2026, whereby the Company’s board of directors decided to discontinue additional funding of its subsidiary, Twine Solutions Ltd. (“Twine”), following a strategic review of Twine’s financial performance and capital requirements, the Company is reporting hereby that Twine has filed a request with the Central District Court of the State of Israel to receive an order to commence proceedings pursuant to the Israeli Insolvency and Financial Rehabilitation Law, 2018. The insolvency proceedings are at a preliminary stage and, while the Company cannot currently assess the effects of such proceedings on the Company’s business, the Company is considering its next steps and plans to remain focused on strengthening its core operations and advancing initiatives that support near- and long-term shareholder value.

 

This Form 6-K is hereby incorporated by reference into the Company’s registration statements on Form F-3 (File Nos. 333-276845, 333-285501, 333-286445, 333-288621, 333-289323 and 333-291594) and Form S-8 (File Nos. 333-255419, 333-267045, 333-271112, 333-279010 and 333-286245).

 

1

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Steakholder Foods Ltd.
     
  By:  /s/ Arik Kaufman
    Name: Arik Kaufman
    Title: Chief Executive Officer

 

Date: January 22, 2026

 

2

 

FAQ

What did Steakholder Foods Ltd. (STKH) announce about Twine Solutions Ltd.?

Steakholder Foods reported that its subsidiary, Twine Solutions Ltd., has filed a request with the Central District Court of the State of Israel to commence proceedings under the Israeli Insolvency and Financial Rehabilitation Law, 2018.

Why did Steakholder Foods stop funding its subsidiary Twine Solutions?

On January 15, 2026, Steakholder Foods’ board decided to discontinue additional funding for Twine Solutions after a strategic review of Twine’s financial performance and capital requirements.

Can Steakholder Foods currently assess the impact of Twine’s insolvency proceedings?

The Company states that the insolvency proceedings are at a preliminary stage and that it cannot currently assess the effects of these proceedings on its business.

What strategic focus did Steakholder Foods highlight in this update?

Steakholder Foods indicated it plans to remain focused on strengthening its core operations and on advancing initiatives that support near- and long-term shareholder value.

How is this 6-K related to Steakholder Foods’ existing registration statements?

The Form 6-K is incorporated by reference into Steakholder Foods’ registration statements on Form F-3 (File Nos. 333-276845, 333-285501, 333-286445, 333-288621, 333-289323, 333-291594) and Form S-8 (File Nos. 333-255419, 333-267045, 333-271112, 333-279010, 333-286245).

Who signed the Steakholder Foods (STKH) 6-K concerning Twine Solutions?

The report was signed on behalf of Steakholder Foods Ltd. by Arik Kaufman, who is identified as the Company’s Chief Executive Officer.
STEAKHOLDER FOODS LTD

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Packaged Foods
Consumer Defensive
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Israel
Rehovot