- Steakholder Foods Ltd. announced the exercise of outstanding warrants for **297,618** American Depository Shares (ADSs) at a reduced exercise price of **$5.00 per ADS**, down from the original **$8.40 per ADS**.  **[1828098_0001213900-25-094374_ea025946201ex99-1_steak.htm:0]** **[1828098_0001213900-25-094374_ea0259462-6k_steak.htm:1]** 
- This transaction is expected to generate approximately **$1.5 million** in aggregate gross proceeds for the company, with closing anticipated around **October 1, 2025**.  **[1828098_0001213900-25-094374_ea025946201ex99-1_steak.htm:0]** **[1828098_0001213900-25-094374_ea0259462-6k_steak.htm:1]** 
- In conjunction with the exercise, the company will issue new unregistered Series A warrants for up to **297,618 ADSs** and Series B warrants for up to **595,236 ADSs**, both with an exercise price of **$5.00 per share**.  **[1828098_0001213900-25-094374_ea025946201ex99-1_steak.htm:0]** **[1828098_0001213900-25-094374_ea0259462-6k_steak.htm:1]** 
- The potential additional gross proceeds from the full exercise of these new warrants could be approximately **$4.5 million**.  **[1828098_0001213900-25-094374_ea025946201ex99-1_steak.htm:0]** 
- The net proceeds from this offering are intended for additional working capital, funding business growth, re-purchase of securities, and general corporate purposes.  **[1828098_0001213900-25-094374_ea025946201ex99-1_steak.htm:0]** **[1828098_0001213900-25-094374_ea0259462-6k_steak.htm:1]**

Steakholder Foods Announces Warrant Exercise and New Warrant Issuance

- Steakholder Foods Ltd. (STKH) will convene its Annual General Meeting of Shareholders on **Monday, October 27, 2025**, at 4:00 p.m. Israel time, to address key corporate actions.  **[1828098_0001213900-25-089774_ea0257187-6k_steak.htm:0]** **[1828098_0001213900-25-089774_ea025718701ex99-1_steak.htm:0]**  The record date for voting is **Thursday, September 18, 2025**.  **[1828098_0001213900-25-089774_ea025718701ex99-1_steak.htm:2]** 
- Shareholders will vote on a proposal to increase the company's authorized share capital by **45,000,000,000** ordinary shares, raising the total to **50,000,000,000** ordinary shares.  **[1828098_0001213900-25-089774_ea025718701ex99-1_steak.htm:1]** **[1828098_0001213900-25-089774_ea025718701ex99-1_steak.htm:10]** 
- The agenda includes approving the allocation of equity for the acquisition of **Twine Solutions Ltd.**, which involves issuing **633,860,000** ordinary shares (approximately **20.5%** of current outstanding share capital) and pre-funded milestone warrants for an additional **581,420,000** ordinary shares.  **[1828098_0001213900-25-089774_ea025718701ex99-1_steak.htm:1]** **[1828098_0001213900-25-089774_ea025718701ex99-1_steak.htm:11]** 
- Other proposals include the reconstitution of the Board of Directors, the re-election of Mr. Yaron Kaiser as a Class III director, and the approval of Restricted Share Unit (RSU) grants to the Chairman, Directors, and CEO, Arik Kaufman, with the CEO's grant settled by **185,632,000** ordinary shares.  **[1828098_0001213900-25-089774_ea025718701ex99-1_steak.htm:1]** **[1828098_0001213900-25-089774_ea025718701ex99-1_steak.htm:14]** **[1828098_0001213900-25-089774_ea025718701ex99-1_steak.htm:15]** **[1828098_0001213900-25-089774_ea025718701ex99-1_steak.htm:17]**

Steakholder Foods Ltd. to Hold Annual General Meeting on October 27, 2025, to Vote on Capital Increase, Twine Solutions Acquisition, and Board Changes

- On **September 22, 2025**, Steakholder Foods Ltd. (STKH) announced it has signed an agreement to acquire **Twine Solutions Ltd.**, a company specializing in the digital dyeing of thread and yarn.  **[1828098_0001213900-25-089772_ea0258202-6k_steak.htm:0]** **[1828098_0001213900-25-089772_ea025820201ex99-1_steak.htm:0]** 
- The acquisition aims to combine Steakholder's 3D food printing technology with Twine's digital dyeing systems, positioning the combined company as a digital printing force across multiple industries.  **[1828098_0001213900-25-089772_ea025820201ex99-1_steak.htm:0]** 
- Twine's shareholders will receive a **minority stake** in Steakholder Foods, initially approximately **25%** of outstanding equity, which could increase to up to **35%** upon achievement of certain substantial milestones.  **[1828098_0001213900-25-089772_ea025820201ex99-1_steak.htm:0]** 
- The acquisition is subject to approval by Steakholder shareholders at a general meeting and customary closing conditions.  **[1828098_0001213900-25-089772_ea025820201ex99-1_steak.htm:1]** 
- Twine has installed **more than 30 systems** and is working to fill **more than $1 million in open orders**.  **[1828098_0001213900-25-089772_ea025820201ex99-1_steak.htm:0]** **[1828098_0001213900-25-089772_ea025820201ex99-1_steak.htm:1]**

Steakholder Foods Signs Agreement to Acquire Twine Solutions

- Steakholder Foods Ltd. reported a **total comprehensive loss** of **$3.8 million** for the six months ended June 30, 2025, an **11.6% decrease** compared to **$4.3 million** for the same period in 2024.  **[1828098_0001213900-25-080945_ea025365801ex99-2_steak.htm:9]** 
- As of June 30, 2025, the company had an accumulated deficit of **$82,541 thousand**, and its cash balance is **not sufficient** to continue operations for at least 12 months, raising **substantial doubt about its ability to continue as a going concern**.  **[1828098_0001213900-25-080945_ea025365801ex99-1_steak.htm:3]** **[1828098_0001213900-25-080945_ea025365801ex99-2_steak.htm:12]** 
- To address liquidity, Steakholder Foods Ltd. engaged in several financing activities, including establishing an **$8 million** Equity Line of Credit in February 2025  **[1828098_0001213900-25-080945_ea025365801ex99-2_steak.htm:3]** **[1828098_0001213900-25-080945_ea025365801ex99-1_steak.htm:5]** , a February 2025 private placement with **$1.25 million** gross proceeds  **[1828098_0001213900-25-080945_ea025365801ex99-2_steak.htm:4]** **[1828098_0001213900-25-080945_ea025365801ex99-2_steak.htm:12]** , a June 2025 private placement with **$870,000** gross proceeds  **[1828098_0001213900-25-080945_ea025365801ex99-1_steak.htm:6]** **[1828098_0001213900-25-080945_ea025365801ex99-2_steak.htm:12]** , and a July 2025 follow-on offering generating approximately **$2.5 million** in gross proceeds.  **[1828098_0001213900-25-080945_ea025365801ex99-2_steak.htm:7]** **[1828098_0001213900-25-080945_ea025365801ex99-2_steak.htm:12]** 
- The company implemented a cost-reduction strategy by amending its lease agreement, effectively reducing rental expenses by about **50%**  **[1828098_0001213900-25-080945_ea025365801ex99-1_steak.htm:6]** , and is pursuing a potential acquisition of Twine Solutions Ltd., providing Twine with a **$1.74 million** convertible loan.  **[1828098_0001213900-25-080945_ea025365801ex99-1_steak.htm:6]** **[1828098_0001213900-25-080945_ea025365801ex99-2_steak.htm:6]**

Steakholder Foods (STKH)