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 NOVEMBER 2023
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 ☐
DOCUMENTS INCLUDED AS PART OF THIS FORM 6-K
On November 2, 2023, Steakholder Foods Ltd. (the “Company”)
issued a press release, attached hereto as Exhibit 99.1, announcing an achievement of more than 75% cost reduction in growth media for
bovine cell cultivation.
EXHIBIT INDEX
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.
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Steakholder Foods Ltd. |
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By: |
/s/ Arik Kaufman |
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Name: |
Arik Kaufman |
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Title: |
Chief Executive Officer |
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Date: November 2, 2023 |
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3
Exhibit 99.1
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Eat
meat sustainably.
Be
a Steakholder. |
Steakholder Foods®
Achieves More Than 75% Cost Reduction in Growth Media for Bovine Cell Cultivation
Unlocking Affordable Cell Production
for a Sustainable Future
Rehovot, Israel, November 2, 2023 – Steakholder
Foods Ltd. (Nasdaq: STKH), a leading international deep-tech food company, announces that the Company’s biology team has successfully
reduced the cost of its in-house growth media for bovine cell cultivation in suspension by just over 75% from prices just two years ago.
The high cost of growth media has been a significant challenge
across the industry, hindering scalability and affordability. Steakholder Foods is on a mission to address this industry-wide concern
by optimizing growth methodologies and creating scalable solutions, paving the way for industrial-scale cell production while substantially
lowering the total production costs of cultivated beef.
The increased affordability of growth media is especially
significant as it is widely believed that technological challenges to the commercialization of cultivated meat will be overcome long before
the economic challenges are met, and cultivated meat becomes affordable to the consumer. Every cost reduction in materials can be another
step towards putting cultivated meat on people’s tables one day soon.
While reducing costs is essential, maintaining the highest
yield and product quality is equally crucial, which is why Steakholder Foods’ dedicated research and development efforts over the
years have focused not only on cost reduction but also on optimizing growth media in suspension to ensure that yields remain consistently
high. Steakholder Foods’ R&D team’s achieves this by testing replacements for individual growth media components to optimize
the formulation for beef cells without compromising the quality and quantity of the cells.
Dan Kozlovski, CTO at Steakholder Foods: “Our ability to
achieve a significant cost reduction in growth media is a testament to the dedication and innovation of our biology team. It propels
us toward our goal of making cultivated meat a viable, sustainable, and cost-effective solution for the future.”
About Steakholder Foods
Steakholder Foods Ltd., is an international deep-tech food
company at the forefront of the cultured meat revolution. The company-initiated activities in 2019 and is listed on the Nasdaq Capital
Market under the ticker “STKH”.
The company is developing a slaughter-free solution for producing
cellular agriculture meat products, such as beef and seafood, by offering manufacturers the ability to produce a cultivated meat product
that aims to closely mimic the taste, texture, and appearance of traditional meat— as an alternative to industrialized farming and
fishing. With its membership in the UN Global Compact, Steakholder Foods is committed to act in support of issues embodied in the United
Nations Sustainable Development Goals (SDGs) which include strengthening food security, decreasing carbon footprint, and conserving water
and land resources.
For more information, please visit: https://steakholderfoods.com
Nasdaq listed |
5 David Fikes St. |
PO Box 4061 Ness Ziona |
www.steakholderfoods.com |
STKH |
Rehovot, 7632805 Israel |
Israel +972-73-332-2853 |
info@steakholderfoods.com |
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Eat
meat sustainably.
Be
a Steakholder. |
Forward-Looking Statements
This press release contains forward-looking statements concerning
Steakholder Foods’ business, operations and financial performance and condition as well as plans, objectives, and expectations for
Steakholder Foods’ business operations and financial performance and condition. Any statements that are not historical facts may
be deemed to be forward-looking statements. Forward-looking statements reflect Steakholder Foods’ current views with respect to
future events and are based on assumptions and subject to known and unknown risks and uncertainties, which change over time, and other
factors that may cause Steakholder Foods’ actual results, performance or achievements to be materially different from any future
results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements include, without
limitation, any statement that may predict, forecast, indicate or imply future results, performance or achievements, and are typically
identified with words such as “may,” “could,” “should,” “will,” “would,” “believe,”
“anticipate,” “estimate,” “expect,” “aim,” “intend,” “plan” or
words or phases of similar meaning and include, without limitation, Steakholder Foods’ expectations regarding the success of its
cultured meat manufacturing technologies it is developing, which will require significant additional work before Steakholder Foods can
potentially launch commercial sales; Steakholder Foods’ research and development activities associated with technologies for cultured
meat manufacturing, including three-dimensional meat production, which involves a lengthy and complex process; Steakholder Foods’
ability to obtain and enforce its intellectual property rights and to operate its business without infringing, misappropriating, or otherwise
violating the intellectual property rights and proprietary technology of third parties; and other risks and uncertainties, including those
identified in Steakholder Foods’ Annual Report on Form 20-F for the fiscal year ended December 31, 2022, filed with the Securities
and Exchange Commission on April 4, 2023. New risks and uncertainties may emerge from time to time, and it is not possible for Steakholder
Foods to predict their occurrence or how they will affect Steakholder Foods. If one or more of the factors affecting Steakholder Foods’
forward-looking information and statements proves incorrect, then Steakholder Foods’ actual results, performance or achievements
could differ materially from those expressed in, or implied by, forward-looking information and statements contained in this press release.
Therefore, Steakholder Foods cautions you not to place undue reliance on its forward-looking information and statements. Steakholder Foods
disclaims any duty to revise or update the forward-looking statements, whether written or oral, to reflect actual results or changes in
the factors affecting the forward-looking statements, except as specifically required by law.
Press Contact: |
Investor Contacts: |
Maissa Dauriac
Rainier Communications
mdauriac@rainierco.com
Tel: +1-818-642-5257 |
Steakholder Foods
Investors@steakholderfoods.com
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Nasdaq listed |
5 David Fikes St. |
PO Box 4061 Ness Ziona |
www.steakholderfoods.com |
STKH |
Rehovot, 7632805 Israel |
Israel +972-73-332-2853 |
info@steakholderfoods.com |
Steakholder Foods (NASDAQ:STKH)
過去 株価チャート
から 4 2024 まで 5 2024
Steakholder Foods (NASDAQ:STKH)
過去 株価チャート
から 5 2023 まで 5 2024