STKH Steakholder Foods Ltd

 

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 2024

 

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 21, 2024, Steakholder Foods Ltd. (the “Company”) issued a press release, attached hereto as Exhibit 99.1, announcing that its board of directors had approved the purchase of cryptocurrencies as treasury reserve assets.

 

EXHIBIT INDEX

 

Exhibit		Description of Exhibit
99.1		Press release, dated November 21, 2024

 

 

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: November 21, 2024

 

 

 

Exhibit 99.1

 

Eat meat sustainably. Be a Steakholder.

 

Steakholder Foods’ Board of Directors Approves Purchase of Cryptocurrencies as Treasury Reserve Assets

 

Rehovot, Israel, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Steakholder Foods Ltd. (Nasdaq: STKH) (“Steakholder” or the “Company”), a leading innovator in alternative proteins production and 3D printing technologies, announced today that the Company’s Board of Directors has approved the purchase of up to $1 million in Bitcoin or cryptocurrency tracking indices. “As demand for cryptocurrencies grows and so does their acceptance as an asset class, we believe that Bitcoin, or a diversified basket of cryptocurrencies including Bitcoin, will serve as strong treasury reserve assets for the Company,” said Arik Kaufman, CEO of Steakholder Foods. “With recent approval of cryptocurrency ETFs and growing support from institutional investors, cryptocurrencies could be a great addition to our treasury strategy, with a view to providing a functional store of value.” 

 

About Steakholder Foods

 

Steakholder Foods is at the forefront of transforming the alternative protein industries through its advanced technology. Founded in 2019, Steakholder Foods specializes in developing and selling 3D-printing production machines, supported by proprietary premix blends, formulated from the highest-quality raw ingredients. These innovative tools are designed to help manufacturers of all sizes efficiently produce foods that meet and exceed consumer expectations for taste, texture, and appearance and offer a safe and sustainable alternative to industrialized meat and seafood production.

 

Steakholder Foods’ expertise in creating alternative proteins products that replicate the complex textures of traditional meats such as beef steaks, white fish, shrimp, and eel. The company is also exploring the integration of cultivated cells, preparing for future advancements in food technology.

 

For more information, please visit: https://steakholderfoods.com

 

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 the technologies which it is developing, which may require significant additional work before Steakholder Foods can potentially launch commercial sales; Steakholder Foods’ research and development activities associated with printing technologies, including three-dimensional food printing, 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, 2023, filed with the Securities and Exchange Commission on April 30, 2024.  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	Steakholder Foods
Rainier Communications	Investors@steakholderfoods.com
mdauriac@rainierco.com
Tel: +1-818-642-5257

  

  

Nasdaq listed STKH

5 David Fikes St. Rehovot, 7632805 Israel

PO Box 4061 Ness Ziona Israel +972-73-332-2853

www.steakholderfoods.com info@steakholderfoods.com

 

 

 

 

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