Steakholder Foods Ltd. Warrant Repricing
On May 29, 2026, Steakholder Foods Ltd. entered into agreements to reprice certain existing warrants. Holders of warrants to purchase up to 892,854 ADSs, originally issued at $5.00 per ADS, agreed to exercise them for cash at a reduced price of $1.25 per ADS. In consideration, the Company will issue two new series of warrants (Series C and Series D) to purchase up to an aggregate of 1,785,708 ADSs, also at an exercise price of $1.25 per ADS. The Series C warrants will expire five years after the effective date of a resale registration statement, while Series D warrants will expire 18 months after the effective date. The Company expects to receive approximately $1.1 million in gross proceeds from this warrant repricing, before fees and expenses. H.C. Wainwright & Co. is acting as the exclusive placement agent, receiving a 7.5% cash fee and warrants to purchase 62,500 ADSs. The Company anticipates closing these transactions around June 1, 2026, using the proceeds for working capital and general corporate purposes.