Monitor the pace of ATM drawdowns under this updated cap — continued equity issuance at a sub-$1 price signals ongoing cash burn without revenue to offset. Watch for any subsequent 6-K or 424B5 updates if the company attempts to sell beyond the current cap.
Price Chart
Executive Summary
Steakholder Foods filed a 6-K on October 5, 2026, to register a prospectus supplement increasing the aggregate offering price of ADSs available under its existing ATM facility with H.C. Wainwright to up to $4,036,262. This is a routine capital raise update under an existing shelf registration, reflecting the company's ongoing need for funding as a pre-revenue biotech/alternative protein firm.
Key Facts
- Company increased aggregate offering price of ADSs under ATM facility to up to $4,036,262.
- ADSs represent 12,000 ordinary shares each; sold via H.C. Wainwright at 3.0% commission.
- Approximately $4,131,609 in ADSs already sold under the ATM facility to date.
- Closing price of ADS on Nasdaq on October 2, 2026 was $0.65 per ADS.
- Public float (non-affiliate market cap) was $12,273,606 as of October 2, 2026.
- Filing is contemporaneous with a 424B5 filed on the same day (October 5, 2026) detailing the same offering).
- Company is an emerging growth company and foreign private issuer; pre-revenue (no revenue data in this filing).
Financial Impact
Up to $4,036,262 in potential additional dilution from ATM sales; ~$4.1M already sold; at $0.65/ADS, this represents a ~33% of current public float at the time of filing.
Risk Factors
- Dilution from ongoing ATM sales at low stock price ($0.65/ADS) will further dilute existing holders.
- No revenue or product revenue disclosed — pre-revenue company with high cash burn risk.
- Low public float ($12.3M non-affiliate market cap) makes stock susceptible to volatility from ATM sales.
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001213900-26-106826 |
| Document: ea0307648-6k_steakholder.htm | 0001213900-26-106826 |
| Document: 0001213900-26-106826-index-headers.html | 0001213900-26-106826 |
| Document: 0001213900-26-106826-index.html | 0001213900-26-106826 |
| Document: 0001213900-26-106826.txt | 0001213900-26-106826 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 7, 2026 19d ago | SC 13D | $0.6000 | awaiting T+60 | — | $0.4000 (−33.33%) |
Oct 5, 2026 21d ago | 6-K | $0.6540 | awaiting T+60 | — | $0.4000 (+38.84%) |
Oct 5, 2026 21d ago | 424B5 | $0.6540 | awaiting T+60 | — | $0.4000 (−38.84%) |
Sep 15, 2026 5w ago | 6-K | $1.96 | awaiting T+60 | — | $0.4000 (−79.59%) |
Sep 3, 2026 7w ago | 6-K | $2.42 | awaiting T+60 | — | $0.4000 (−83.47%) |
Aug 25, 2026 9w ago | 6-K | $3.18 | awaiting T+60 | — | $0.4000 (+87.42%) |
Aug 25, 2026 9w ago | EFFECT | $3.18 | awaiting T+60 | — | $0.4000 (+87.42%) |
Jul 31, 2026 12w ago | Press Release | $2.40 $0.4000 | ▲ +83.33% | ▲ +85.79% | $0.4000 (+83.33%) |
Jul 14, 2026 15w ago | 6-K | $0.5170 $0.2030 | ▼ −60.73% | ▼ −64.11% | $0.4000 (−22.63%) |
Jul 6, 2026 16w ago | 6-K | $0.6330 $0.4867 | ▼ −23.12% | ▼ −24.84% | $0.4000 (−36.81%) |
US Market Status
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