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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
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