UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO
RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
FOR THE MONTH OF FEBRUARY 2024
COMMISSION FILE NUMBER 001-40173
Steakholder Foods Ltd.
(Translation of registrant’s name into English)
Steakholder Foods Ltd.
5 David Fikes St., Rehovot 7632805 Israel
+972-73-541-2206
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F:
Form 20-F ☒
Form 40-F ☐
DOCUMENTS INCLUDED AS PART OF THIS FORM 6-K
On February 5, 2024, Steakholder Foods Ltd. (the
“Company”) issued a press release, attached hereto as Exhibit 99.1, announcing the first private sector commercialization
deal valued at several million dollars.
EXHIBIT INDEX
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
|
Steakholder Foods Ltd. |
|
|
|
By: |
/s/ Arik Kaufman |
|
|
Name: |
Arik Kaufman |
|
|
Title: |
Chief Executive Officer |
|
|
|
Date: February 5, 2024 |
|
|
3
Exhibit
99.1
| | Eat meat sustainably.
Be a Steakholder. |
Steakholder
Foods Announces First Private Sector Commercialization Deal Valued at Several Million Dollars
One of Israel’s leading
alternative protein manufacturers and the largest tofu producer Wyler Farms signed an MOU to acquire Steakholder Foods’ printer. The
deal includes Steakholder Foods’ proprietary software and a subscription to the company’s NutriBlend™ ink (nutritional
raw materials blend) for plant-based meat production
Rehovot, Israel, February 5, 2024 –
Steakholder Foods Ltd. (Nasdaq: STKH), a pioneer in cultivated meat and 3D printing technology, announced its inaugural commercial
MOU in the private sector with Wyler Farms, among Israel’s leading alternative protein producer and premier Tofu producer. The terms of
the deal involve Wyler Farms acquiring Steakholder Foods’ state-of-the-art 3D Fusion Pro™ meat printer, along with a subscription
to the company’s SH Software™ and its NutriBlend™ ink for plant-based meat production.
To the best of the company’s knowledge,
this marks an industry-first incorporation of industrial-scale 3D printing technology into the food industry.
The MOU includes expected production of
a unique, plant-based 3D printed meat steak to be printed by Wyler Farms using Steakholder Foods proprietary printers and NutriBlend™
ink. The collaboration, valued at several million US dollars over the coming years, represents a truly significant development in the
plant-based meat industry (see future-looking statement below).
Steakholder Foods’ plant-based, 3D-printed Steak.
With both companies committed to driving
this collaboration forward, the installation of the Fusion Pro™ 3D printer is anticipated to be completed between Q4 of 2024 and
Q1 of 2025.
The Fusion Pro’s™ modular design,
capable of producing up to 500 kg of highly advanced texturized printed products per hour, highlights the companies’ shared dedication
to innovation and sustainable production practices. This partnership enhances Wyler Farms’ production capabilities and represents a crucial
step in the evolution of plant-based meat technology.
Nasdaq listed |
5 David Fikes St. |
PO Box 4061 Ness Ziona |
www.steakholderfoods.com |
STKH |
Rehovot, 7632805 Israel |
Israel +972-73-332-2853 |
info@steakholderfoods.com |
| | Eat meat sustainably.
Be a Steakholder. |
Steakholder Foods’ proprietary software, the SH software™.
This milestone strengthens Steakholder
Foods’ efforts to reach commercialization, solidifying its role as a leading proprietary 3D printing supplier to the plant-based
and cultivated food industry.
Arik Kaufman, CEO of Steakholder Foods,
said: “As a genuine revolution in the food production landscape, this collaboration with a leading player in its field as Wyler
Farm marks an inflection-point milestone for Steakholder Foods. By incorporating our Fusion Pro technology into Wyler Farms’ industrial
operations alongside their subscription to our proprietary software and ink supply, we’re not just showcasing our technology’s potential
– we’re setting a new standard for the industry. This deal marks a testament to our vision of transforming food production through
innovative technology and it brings Steakholder Foods closer than ever to a point it will begin to generate income.”
Yair Ayalon, Vice President of Business
Development of Steakholder Foods, said: “This collaboration with Wyler Farm, one of the leading alternative protein producers,
solidifies and enhances Steakholder Foods’ commercial phase. As we expand our operations, we are set to forge more strategic partnerships
like this in 2024, further cementing our position in the market.”
Oleg Kulyava, CEO of Wyler Farm, said:
“The partnership with Steakholder Foods marks a significant milestone for Wyler Farms, enabling us to position our products
at the forefront of the plant-based meat market. We are thrilled to expand our portfolio with premium plant-based steak and anticipate
introducing additional premium products based on Steakholder Foods’ technology. By integrating innovative 3D printing technology,
this collaboration has the potential to be a game-changer in the industry, demonstrating our commitment to pioneering sustainable, nutritional,
and disruptive food solutions.”
Nasdaq listed |
5 David Fikes St. |
PO Box 4061 Ness Ziona |
www.steakholderfoods.com |
STKH |
Rehovot, 7632805 Israel |
Israel +972-73-332-2853 |
info@steakholderfoods.com |
| | Eat meat sustainably.
Be a Steakholder. |
About NutriBlend™ ink
NutriBlend™ ink is a customized
formulated blend of premium, plant-based ingredients designed for use in Steakholder Foods’ 3D printers. These innovative materials
serve as the “ink” for our printers, providing a nutritious and flavorful foundation to create a variety of plant-based products.
NutriBlend™ is carefully curated to deliver a harmonious combination of taste, texture, and nutritional benefits, ensuring that
the resulting plant-based products meet the highest standards of quality and palatability. With a focus on both culinary excellence and
health-conscious choices, NutriBlend™ embodies the commitment to producing delicious and wholesome plant-based alternatives through
cutting-edge 3D printing technology.
Steakholder Foods’ NutriBlend™ ink.
About Steakholder Foods
Steakholder Foods is building the industry-standard
machinery, software and printing materials to help accelerate the plant-based and cultivated food industries and bring them to industrial
capacity. The company offers its proprietary 3D printers, printing ink formulated from constituent raw materials, operating software,
and ongoing services to help manufacturers of all sizes reach the execution of their offerings.
Using its variety of manufacturing technologies
and services, Steakholder Foods offers manufacturers the ability to produce plant-based food that closely mimics traditional meat’s taste,
texture, and appearance— as an alternative to industrialized farming and fishing.
Our expertise lies in creating plant-based
meat and seafood products with complex textures, like beef steaks, white fish, shrimp, eel, and more. While our initial focus is on plant-based
options, we’re developing cultivated cells for seamless integration with an eye on the future.
For more information, please visit: https://steakholderfoods.com
About Wyler Farms
Wyler Farm established in 1994 and recognized
as Israel’s largest tofu producer, embodies the pinnacle of innovation in alternative protein production. The company is deeply committed
to sustainability and health, offering a broad spectrum of environmentally friendly and nutritious plant-based products. Wyler Farm’
product line, emphasizing quality, includes their signature homemade tofu, soft texture tofu, and calcium-enriched tofu. Recently, the
company launched a new schnitzel tofu product line. These offerings cater to a diverse range of dietary preferences and are distributed
across retail chains, restaurants, and catering companies, fulfilling the evolving demands of health-conscious consumers.
Nasdaq listed |
5 David Fikes St. |
PO Box 4061 Ness Ziona |
www.steakholderfoods.com |
STKH |
Rehovot, 7632805 Israel |
Israel +972-73-332-2853 |
info@steakholderfoods.com |
| | Eat meat sustainably.
Be a Steakholder. |
Forward-Looking Statements
This press release contains forward-looking
statements concerning Steakholder Foods’ business, operations and financial performance and condition as well as plans, objectives,
and expectations for Steakholder Foods’ business operations and financial performance and condition. Any statements that are not
historical facts may be deemed to be forward-looking statements. Forward-looking statements reflect Steakholder Foods’ current views
with respect to future events and are based on assumptions and subject to known and unknown risks and uncertainties, which change over
time, and other factors that may cause Steakholder Foods’ actual results, performance or achievements to be materially different
from any future results, performance or achievements expressed or implied by the forward-looking statements, when the Memorandum of Understanding
establishes a framework to an agreement for the collaboration. Forward-looking statements include, without limitation, any statement that
may predict, forecast, indicate or imply future results, performance or achievements, and are typically identified with words such as
“may,” “could,” “should,” “will,” “would,” “believe,” “anticipate,”
“estimate,” “expect,” “aim,” “intend,” “plan” or words or phases of similar
meaning and include, without limitation, Steakholder Foods’ expectations regarding the success of its cultured meat manufacturing
technologies it is developing, which will require significant additional work before Steakholder Foods can potentially launch commercial
sales; Steakholder Foods’ research and development activities associated with technologies for cultured meat manufacturing, including
three-dimensional meat production, which involves a lengthy and complex process; Steakholder Foods’ ability to obtain and enforce
its intellectual property rights and to operate its business without infringing, misappropriating, or otherwise violating the intellectual
property rights and proprietary technology of third parties; and other risks and uncertainties, including those identified in Steakholder
Foods’ Annual Report on Form 20-F for the fiscal year ended December 31, 2022, filed with the Securities and Exchange Commission
on April 4, 2023. New risks and uncertainties may emerge from time to time, and it is not possible for Steakholder Foods to predict their
occurrence or how they will affect Steakholder Foods. If one or more of the factors affecting Steakholder Foods’ forward-looking
information and statements proves incorrect, then Steakholder Foods’ actual results, performance or achievements could differ materially
from those expressed in, or implied by, forward-looking information and statements contained in this press release. Therefore, Steakholder
Foods cautions you not to place undue reliance on its forward-looking information and statements. Steakholder Foods disclaims any duty
to revise or update the forward-looking statements, whether written or oral, to reflect actual results or changes in the factors affecting
the forward-looking statements, except as specifically required by law.
Press Contact: |
|
Investor Contacts: |
|
|
|
|
|
|
|
Maissa Dauriac
Rainier Communications
mdauriac@rainierco.com
Tel: +1-818-642-5257 |
|
Steakholder Foods
Investors@steakholderfoods.com |
|
|
Nasdaq listed |
5 David Fikes St. |
PO Box 4061 Ness Ziona |
www.steakholderfoods.com |
STKH |
Rehovot, 7632805 Israel |
Israel +972-73-332-2853 |
info@steakholderfoods.com |
4
Steakholder Foods (NASDAQ:STKH)
Historical Stock Chart
From Aug 2024 to Sep 2024
Steakholder Foods (NASDAQ:STKH)
Historical Stock Chart
From Sep 2023 to Sep 2024