Steakholder Foods Announces Strategic Partnership with Twine Solutions for Transformative Acquisition

Reuters06-11

<a href="https://laohu8.com/S/STKH">Steakholder Foods</a> Announces Strategic Partnership with Twine Solutions for Transformative Acquisition

Steakholder Foods Ltd. has announced the signing of investment and convertible loan agreements, along with a memorandum of understanding for a proposed transformative acquisition of Twine Solutions. This strategic move aims to position the combined company as a pioneering force in the food tech and textile industries, leveraging digital printing and dyeing technology. Twine shareholders are investing in Steakholder at $7 per ADS, representing a more than 200% premium above the current ADS price. The acquisition is intended to drive innovation and efficiency, aligning with shared values of sustainability and responsible production. The completion of the acquisition is still subject to final due diligence, definitive agreements, Steakholder shareholder approval, and customary closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Steakholder Foods Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-053279), on June 11, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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