Steakholder Foods Ltd. Announces Closing of $6.5 Million Public Offering
The warrants issued have a five-year term, are exercisable immediately and have an exercise price of $1.00 per ADS.
- The warrants issued have a five-year term, are exercisable immediately and have an exercise price of $1.00 per ADS.
- In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 975,000 ADSs and/or warrants at the public offering price, less discounts and commissions, solely to cover over-allotments, if any.
- The Company intends to use the net proceeds from this offering for general corporate purposes.
- The offering was made only by means of a prospectus forming part of the effective registration statement.