Steakholder Foods Ltd.

Steakholder Foods Ltd. (MEAT) priced its initial public offering on Mar 15, 2021 at $10.30 per ADS, raising $25M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $112.9M. H.C. Wainwright was lead-left underwriter. Covington & Burling advised the company and McDermott Will & Emery advised the underwriters.

Steakholder Foods Ltd. is a technology company developing and out-licensing three-dimensional printing and biotechnology processes so that food companies can make proteins without animal slaughter. It is developing a bioprinter that deposits stem cells, scaffolding and nutrients to form structured cultured meat.

Status

IPO

Ticker

MEAT

Exchange

Nasdaq Capital Market

Priced

Mar 15, 2021

IPO price

$10.30 per ADS

Raised

$25M

Market cap at IPO price

$112.9M

First filed

Feb 18, 2021

Underwriters

H.C. Wainwright

Company counsel

Covington & Burling

Underwriters' counsel

McDermott Will & Emery

Sector

Consumer

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.