Evogene Launches Finally Foods for Plant-Based Protein
Ticker: EVGN · Form: 6-K · Filed: Apr 2, 2024 · CIK: 1574565
Sentiment: neutral
Topics: new-venture, food-tech, partnership
TL;DR
Evogene partners with Strauss Group's Kitchen Hub to launch Finally Foods, targeting the plant-based protein market.
AI Summary
Evogene Ltd. announced on April 2, 2024, the establishment of Finally Foods Ltd., a new company specializing in plant-based protein production for the food industry. This venture is a collaboration with The Kitchen FoodTech Hub by Strauss Group. The press release detailing this development is attached as Exhibit 99.1 to the Form 6-K filing.
Why It Matters
This move signifies Evogene's expansion into the growing plant-based food market, potentially leveraging its technological capabilities for a new sector.
Risk Assessment
Risk Level: medium — The success of Finally Foods depends on market adoption, competition, and Evogene's ability to execute its strategy in a new industry.
Key Players & Entities
- Evogene Ltd. (company) — Registrant
- The Kitchen FoodTech Hub by Strauss Group (company) — Partner
- Finally Foods Ltd. (company) — Newly established subsidiary
- April 2, 2024 (date) — Announcement date
FAQ
What is the primary focus of the newly established Finally Foods Ltd.?
Finally Foods Ltd. specializes in protein production in plants for the food industry.
Who is Evogene Ltd. partnering with to establish Finally Foods Ltd.?
Evogene Ltd. is partnering with The Kitchen FoodTech Hub by Strauss Group.
What form is this announcement filed under?
This announcement is filed as a Form 6-K.
When was this Form 6-K filed?
The Form 6-K was filed on April 2, 2024.
Where is Evogene Ltd. headquartered?
Evogene Ltd. is headquartered at 13 Gad Feinstein Street, Park Rehovot, Rehovot 7638517, Israel.
Filing Stats: 315 words · 1 min read · ~1 pages · Grade level 10.5 · Accepted 2024-04-02 07:00:06
Filing Documents
- zk2431225.htm (6-K) — 12KB
- exhibit_99-1.htm (EX-99.1) — 23KB
- image00003.jpg (GRAPHIC) — 2KB
- image00004.jpg (GRAPHIC) — 2KB
- image00005.jpg (GRAPHIC) — 2KB
- 0001178913-24-001182.txt ( ) — 45KB
From the Filing
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 OF THE SECURITIES EXCHANGE ACT OF 1934 For the month of April 2024 Commission File Number: 001-36187 EVOGENE LTD. (Translation of Registrant's Name into English) 13 Gad Feinstein Street Park Rehovot, Rehovot 7638517, Israel (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F Form 40-F CONTENTS Evogene Ltd., or Evogene, today announces that it and The Kitchen FoodTech Hub by Strauss Group, or the Kitchen Hub, established Finally Foods Ltd., or Finally Foods, specializing in protein production in plants for the food industry. A copy of the press release is attached as Exhibit 99.1 to this Report of Foreign Private Issuer on Form 6-K, or this Form 6-K. The contents of Exhibit 99.1 to this Form 6-K, excluding the statements of Finally Food's Chief Executive Officer, Evogene's Chief Executive Officer and The Kitchen Hub's Chief Business Officer, are incorporated by reference into Evogene's registration statements on Form F-3 (File No. 333-277565) and Form S-8 (File Nos. 333-259215, 333-193788, 333-201443 and 333-203856), filed with the Securities and Exchange Commission, to be a part thereof from the date on which this Form 6-K is submitted, to the extent not superseded by documents or reports subsequently filed or furnished. 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. EVOGENE LTD. (Registrant) Date: April 2, 2024 By: /s/ Yaron Eldad Yaron Eldad Chief Financial Officer EXHIBIT INDEX EXHIBIT NO. DESCRIPTION 99.1 Press Release: Evogene and The Kitchen FoodTech Hub by Strauss Group Established Finally Foods Ltd. - Revolutionizing Protein Production in Plants for the Food Industry