Steakholder Foods Ltd. current report, Q3 FY2021

Filing Summary

Business Context and Reporting Period

MeaTech 3D Ltd. filed a Form 6-K for September 2021, dated September 13, 2021. The filing concerns the adjournment of the company’s 2021 Annual General Meeting of Shareholders. The provided request identifies the company as Steakholder Foods Ltd.; however, the filing itself identifies the registrant as MeaTech 3D Ltd.

Financial Metrics

The filing does not provide financial statements, revenue, profit, cash flow, margins, debt, liquidity, or other financial metrics.

Material Changes

  • The annual general meeting scheduled for September 13, 2021 was adjourned to September 14, 2021 at the same time and location, including the webinar option.
  • The stated reason for the adjournment was a lack of quorum.
  • Shareholders of ordinary shares could vote by proxy, in person, or through the webinar.
  • The deadline for voting instructions from American Depositary Shareholders had passed; ADS holders could not vote their represented ordinary shares live at the meeting.

Outlook, Risks, and Unusual Items

No operating guidance or financial outlook was provided. The immediate governance contingency was the lack of quorum, which delayed the meeting by one day. Shareholders were referred to the proxy statement distributed on August 9, 2021 for the proposed resolutions and meeting agenda.

Investor Verification Items

  • Verify the registrant’s identity and corporate name, given the discrepancy between the request metadata and the filing.
  • Confirm whether the adjourned meeting was subsequently held on September 14, 2021 and review the voting results.
  • Review the August 9, 2021 proxy statement for the proposed resolutions and agenda items.
  • Confirm the implications of the missed ADS voting-instruction deadline for ADS holders.