Core Viewpoint - Steakholder Foods Ltd. has entered into definitive agreements for a private placement with Alumni Capital LP, raising approximately $1.25 million through the sale of American Depositary Shares (ADSs) and warrants, aimed at supporting its strategic growth initiatives [1][2][4]. Group 1: Private Placement Details - The company will sell 985,028 ADSs at a purchase price of $1.269 per ADS, with warrants to purchase an equal number of ADSs at an exercise price of $2.00, which will be immediately exercisable and expire in five years [1][2]. - The gross proceeds from this offering are expected to be around $1.25 million before deducting offering expenses, with the net proceeds intended for working capital and general corporate purposes [2]. Group 2: Equity Line of Credit - Steakholder Foods has established an equity line of credit (ELOC) with Alumni Capital LP, providing a flexible funding mechanism to support its growth while minimizing dilution to existing shareholders [4][5]. - The structure of the ELOC allows the company to maintain control over the timing and amount of equity sales, ensuring financial stability and strategic flexibility [5]. Group 3: Management Commentary - The CEO of Steakholder Foods emphasized that the agreements with Alumni Capital represent a significant milestone in the company's growth strategy, providing immediate funds for continued strategic growth while mitigating dilution [6]. - The Portfolio Manager at Alumni Capital expressed confidence in the company's vision and management team, indicating a commitment to support Steakholder Foods in driving sustainable value creation [6]. Group 4: Company Overview - Steakholder Foods specializes in alternative proteins and 3D printing technologies, focusing on developing and selling production machines that enable efficient food manufacturing [8]. - The company aims to create products that replicate the textures of traditional meats and is exploring the integration of cultivated cells for future advancements in food technology [9].

Core Insights - Steakholder Foods Ltd. has received a total of USD 740,000 from a USD 1,000,000 grant awarded by the Singapore-Israel Industrial R&D Foundation (SIIRD) for the development of 3D-printed plant-based fish and eel [1][2] - The third payment of USD 250,000 was received due to significant advancements in creating eel texture and flavor, highlighting the company's commitment to food technology innovation [1][2][3] Funding and Grant Details - The first installment of the grant was disbursed in March 2024, followed by a second payment in November 2024, both linked to successful milestones in 3D printing technology [2] - The current phase involves developing new premix blends for 3D-printed eel, showcasing the company's ongoing research and development efforts [2] Company Overview - Steakholder Foods specializes in alternative proteins and 3D printing technologies, aiming to transform the food industry by providing sustainable seafood alternatives [3][4] - The company was founded in 2019 and focuses on creating high-quality, 3D-printed food products that meet consumer expectations for taste and texture [3][4]

Core Insights - Steakholder Foods Ltd. has made significant progress in its commercialization strategy, securing purchase orders for its SH™ product lines, which are expected to establish recurring revenue streams in the near term [2][10] - The company received notable recognition at the Plant-Based World Expo in London, winning three prestigious awards for its products, which validates its technology and market position [3][6] - Strategic partnerships have been formed to enhance market presence, particularly in the U.S., with a focus on tailored product development and building a robust supply chain [4][8] Commercial Progress - The company secured its first purchase order from Bondor Foods for SH™ – Fish premix blends and from Wyler Farm for SH™ – Beef premix blend, leading to the launch of the "Whaat Meat?! by Steakholder" product line [2] - These agreements are crucial for establishing recurring revenue streams, anticipated to materialize soon [2] Market Validation - Steakholder Foods received three awards at the Plant-Based World Expo, including a Gold Award for its Salmon Patty, a Silver Award for its Fish Kebab, and a Bronze Award for its Beef Alternative, showcasing the market validation of its products [3][6] Infrastructure Development - The company opened its first full-scale Demonstration Center, showcasing its MX200 and HD144 printers, allowing potential partners to experience its technology firsthand [3] Strategic Partnerships - The company has strengthened its global presence through partnerships, including a collaboration with UMAMI Bioworks in Singapore for cultivated seafood development and an agreement with Vegefarm Co. Ltd. in Taiwan for 3D printing technology [7] - A U.S. market entry initiative has been launched, led by Saar Bracha, focusing on establishing partnerships with food manufacturers and distributors [4][8] Financial Management - The company maintains a disciplined approach to financial management while investing in strategic growth initiatives, positioning itself to generate revenue as partnerships mature [10] Looking Ahead - Despite challenges in 2024, the company is focused on growth in 2025, with expectations that current partnerships will begin generating revenue soon [11]

Core Insights - Steakholder Foods Ltd. is a leading innovator in alternative proteins production and 3D printing technologies [1] - The company will participate in the 27th Annual ICR Conference from January 13-15, 2025, in Orlando, FL [1][2] Company Overview - Founded in 2019, Steakholder Foods specializes in developing and selling 3D-printing production machines, utilizing proprietary premix blends made from high-quality raw ingredients [3] - The company's technology aims to help manufacturers produce foods that meet consumer expectations for taste, texture, and appearance while providing a sustainable alternative to traditional meat and seafood production [3] Product Expertise - Steakholder Foods focuses on creating alternative protein products that replicate the textures of traditional meats, including beef steaks, white fish, shrimp, and eel [4] - The company is also exploring the integration of cultivated cells to advance food technology in the future [4]

Group 1 - The company, Steakholder Foods Ltd., has approved the purchase of up to $1 million in Bitcoin or cryptocurrency tracking indices as part of its treasury strategy [1] - The CEO of Steakholder Foods, Arik Kaufman, believes that cryptocurrencies, particularly Bitcoin, will serve as strong treasury reserve assets due to growing demand and acceptance as an asset class [1] - The recent approval of cryptocurrency ETFs and increasing support from institutional investors are seen as factors that could enhance the company's treasury strategy [1] Group 2 - Steakholder Foods specializes in alternative protein production and 3D printing technologies, aiming to transform the food industry [2] - Founded in 2019, the company develops and sells 3D-printing production machines using proprietary premix blends made from high-quality raw ingredients [2] - The company's products are designed to help manufacturers produce food that meets consumer expectations for taste, texture, and appearance while providing a sustainable alternative to traditional meat and seafood production [2] Group 3 - Steakholder Foods has expertise in creating alternative protein products that replicate the textures of traditional meats, including beef steaks, white fish, shrimp, and eel [3] - The company is also exploring the integration of cultivated cells, indicating a focus on future advancements in food technology [3]

Core Insights - Steakholder Foods has signed six Letters of Intent (LOIs) with international companies, marking a significant step in its transition to revenue generation and reflecting strong market demand for its products [1][2] - The company received three prestigious awards at the Plant-Based World Expo, enhancing its reputation in the alternative protein industry [2] - CEO Arik Kaufman emphasized that these agreements validate the appeal of the company's technology and products, supporting future revenue growth [2] Company Overview - Steakholder Foods specializes in alternative protein production and 3D printing technologies, founded in 2019 [3] - The company develops and sells 3D-printing production machines and proprietary premix blends, aimed at helping manufacturers produce high-quality plant-based foods [3] - Steakholder Foods focuses on creating products that replicate the textures of traditional meats and is exploring the integration of cultivated cells for future advancements [4]

Agreement Enables Bondor Foods to Launch Production of White Fish Kebab and Salmon Patties Developed Using Steakholder Foods' Premixes, Marking Transition to Large-Scale Manufacturing Rehovot, Israel, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Steakholder Foods Ltd. (Nasdaq: STKH) (the "Company"), a leading innovator in alternative proteins production and 3D printing production technologies, announced today that it has signed a sales agreement with Bondor Foods Ltd., a renowned frozen foods manufacturer and institu ...

Demo Center Showcases the Printing Production Line with Live Demonstrations, Highlighting Advanced Methodologies in Plant-Based Food Manufacturing Rehovot, Israel, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Steakholder Foods Ltd. (Nasdaq: STKH), a leading innovator in alternative proteins and 3D printing technologies, is excited to announce the opening of its first full-scale Demonstration Center. The state-of-the-art facility features live demonstrations of the company's innovative 3D printers—the MX200 and HD144— ...

Company Successfully Transitions from R&D to Commercial Phase with Four Strategic Deals Secured in First Half of 2024, All While Reducing Expenses By More Than 50% Anticipates Generating Substantial Recurring Revenue Growth in 2025 Rehovot, Israel, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Steakholder Foods Ltd. (Nasdaq: STKH), a leading innovator in alternative proteins and 3D printing technologies, is pleased to provide a business update for the first half of 2024, including a summary of its successful advancemen ...

Exhibit 99.1 STEAKHOLDER FOODS LTD Steakholder Foods Ltd. Unaudited Condensed Consolidated Interim Financial Statements As At June 30, 2024 Financial Information of Steakholder Foods Ltd. Contents: | --- | --- | |------------------------------------------------------------------------------------------------------------|-------| | | Page | | Unaudited Condensed consolidated interim statements of financial position | F-2 | | Unaudited Condensed consolidated interim statement of income and of comprehensive lo ...