MeaTech Announces Intention to Establish and Operate a Pilot Plant in 2022
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NESS ZIONA, Israel, May 11, 2021 /PRNewswire/ MeaTech 3D Ltd. (Nasdaq: MITC) (TASE: MITC), a technology company developing a suite of advanced manufacturing technologies to produce cultured meat products, today announced its intention to establish, own, and operate a pilot plant to commence scaled-up cultured chicken fat production in 2022.
This plan is consistent with MeaTech s vision of developing sustainable premium cultured foods. The cultured fat production process will be designed to deploy technologies developed by Belgian subsidiary Peace of Meat, which was acquired by MeaTech earlier in 2021. MeaTech s goal is to produce cultured chicken fat for use in potential industry collaborations.
MeaTech 3D Initiates Process to Voluntarily Delist its Ordinary Shares from the Tel Aviv Stock Exchange
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NESS ZIONA, Israel, May 3, 2021 /PRNewswire/ MeaTech 3D Ltd. ( MeaTech ) (Nasdaq: MITC) (TASE: MITC), a technology company focused on developing cultured meat production capabilities including its proprietary three-dimensional printing technology, biotechnology processes, and customizable manufacturing processes for slaughter-free real meat manufacturing, today announced that it is initiating a process to voluntarily delist its ordinary shares, no par value (the Ordinary Shares ), from the Tel Aviv Stock Exchange Ltd. (the TASE ).
In accordance with applicable Israeli law and the rules of the TASE, the last day the Ordinary Shares will trade on the TASE will be August 3, 2021, and the Ordinary Shares will be delisted from the TASE on August 5, 2021. Until the last day of trading on the TASE, shareholders will be able to c
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NESS ZIONA, Israel, March 17, 2021 /PRNewswire/ MeaTech 3D Ltd. (NasdaqCM: MITC) (TASE: MEAT) ( MeaTech ), a technology company focused on developing and out-licensing its proprietary three-dimensional printing technology, biotechnology processes and customizable manufacturing processes to food processing and food retail companies seeking to manufacture proteins without the need for animal slaughter, today announced the closing of its previously announced initial public offering on the Nasdaq Capital Market of 2,427,185 American Depositary Shares ( ADSs ), each ADS representing 10 of its ordinary shares, at an initial public offering price of $10.30 per ADS, for gross proceeds of approximately $25.0 million. In addition, MeaTech has granted the underwriter a 30-day option to purchase up to an additional 364,077 ADSs at the initial public offering price, less underwriting discounts and commissions. MeaTech ADSs began trading on