Plant-based meat company Steakholder Foods Ltd. has filed documents with the U.S. Securities and Exchange Commission, as some selling shareholders plan to resell up to 1.85 million American Depositary Shares of the company.
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The document is intended to provide these existing shareholders with a registered channel for selling their holdings on the open market. This filing itself does not involve the company issuing new shares or directly raising funds, but rather facilitates potential liquidity for already held shares. The specific details of the document and the final scale of the sale will depend on market conditions and the actual decisions of the shareholders.
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