Steakholder Foods Secures $1M Private Placement
Ticker: MTTCF · Form: 6-K · Filed: Jun 11, 2025 · CIK: 1828098
| Field | Detail |
|---|---|
| Company | Steakholder Foods LTD. (MTTCF) |
| Form Type | 6-K |
| Filed Date | Jun 11, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: private-placement, financing, capital-raise
TL;DR
Steakholder Foods raises $1M via private placement with Gefen Capital, closing June 12.
AI Summary
On June 5, 2025, Steakholder Foods Ltd. entered into a securities purchase agreement with Gefen Capital Investments' LP – Series Twine for a private placement. The agreement involves the sale of 1,000,000 ordinary shares at a price of $1.00 per share, for a total of $1,000,000. This transaction is expected to close on June 12, 2025.
Why It Matters
This private placement provides Steakholder Foods with crucial capital, potentially enabling further investment in its cultivated meat technologies and market expansion.
Risk Assessment
Risk Level: medium — Private placements can indicate a need for capital, and the terms of such agreements can impact existing shareholders.
Key Numbers
- $1.0M — Private Placement Proceeds (Capital raised from Gefen Capital Investments' LP – Series Twine.)
- $1.00 — Price Per Share (The price at which ordinary shares were sold in the private placement.)
- 1,000,000 — Shares Sold (The total number of ordinary shares sold in the private placement.)
Key Players & Entities
- Steakholder Foods Ltd. (company) — Issuer of securities
- Gefen Capital Investments' LP – Series Twine (company) — Purchaser in private placement
- June 5, 2025 (date) — Date of securities purchase agreement
- $1,000,000 (dollar_amount) — Total proceeds from private placement
- $1.00 (dollar_amount) — Price per share
- 1,000,000 (number) — Number of ordinary shares sold
- June 12, 2025 (date) — Expected closing date of the private placement
FAQ
What is the total amount Steakholder Foods Ltd. is raising in this private placement?
Steakholder Foods Ltd. is raising a total of $1,000,000 in this private placement.
Who is the counterparty in the securities purchase agreement?
The counterparty is Gefen Capital Investments' LP – Series Twine.
On what date was the securities purchase agreement entered into?
The securities purchase agreement was entered into on June 5, 2025.
What is the price per share for the ordinary shares being sold?
The price per share is $1.00.
When is the private placement expected to close?
The private placement is expected to close on June 12, 2025.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on June 11, 2025 regarding Steakholder Foods Ltd. (MTTCF).