Steakholder Foods Announces ADS Ratio Adjustment

Ness Ziona, Israel, Nov. 04, 2026 (GLOBE NEWSWIRE) -- Steakholder Foods Ltd. (Nasdaq: STKH), a global leader in 3D-printing technology for production of whole cuts of plant-based meat, today announced its plan to adjust the ratio of the company's American Depositary Shares (ADSs) in relation to its ordinary shares. The adjustment will change the current ratio from one (1) ADS representing twelve thousand (12,000) ordinary shares to a new ratio of one (1) ADS representing sixty thousand (60,000) ordinary shares, effective on November 9, 2026. Steakholder Foods' ADSs will continue to be traded on the Nasdaq Capital Market under the ticker "STKH," with an updated CUSIP Number of 583435607.

This ratio adjustment will essentially serve as a one-for-five reverse ADS split for ADS holders, requiring no action on their part. The Bank of New York Mellon, serving as the depositary bank for Steakholder Foods’ ADS program, will arrange for the exchange of every five (5) existing ADSs held for one (1) new ADS on the effective date.