24/7 Market News Snapshot 11 June, 2025 – Steakholder Foods Ltd. American Depositary Shares (NASDAQ:STKH)

June 11, 2025

DENVER, Colo., 11 June, 2025 (www.247marketnews.com) – (Nasdaq:STKH) are discussed in this article.
Steakholder Foods Ltd. (Nasdaq:STKH), a leading innovator in alternative proteins and 3D printing technologies, is witnessing a significant surge in investor interest, with its pre-market price climbing to $2.454, marking an impressive increase of approximately 16.86% from the prior session’s close of $2.100. The heightened trading volume of 2.88 million shares underscores a robust market sentiment, attributed to encouraging news regarding the company’s strategic developments.

In a move poised to reshape the digital manufacturing landscape, Steakholder Foods has announced a non-binding Memorandum of Understanding (MoU) to acquire Twine Solutions Ltd., an industry leader in innovative thread and yarn digital dyeing technology. The agreement also involves binding investment and convertible loan arrangements with Twine’s shareholders, who will inject approximately $1.74 million into Steakholder at a conversion price of $7.00 per American Depositary Share (ADS). This price reflects a remarkable 200% premium over Steakholder’s most recent closing price, highlighting strong market confidence.

The collaboration, spearheaded by Gefen Capital—a U.S.-Israeli investment firm known for supporting high-potential disruptive technologies—will combine Steakholder’s state-of-the-art 3D food printing capabilities with Twine’s advanced manufacturing solutions. This integration is expected to revolutionize multiple sectors such as food, fashion, and automotive, enhancing operational efficiency and promoting sustainability.

CEO Arik Kaufman emphasized the transformative potential of this merger, stating, “In challenging times, bold consolidation efforts unlock transformative value, setting the stage for future synergies.” This strategic partnership reflects both companies’ commitment to leveraging innovative technologies to foster a sustainable future while addressing the evolving demands of global markets.

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