Steakholder Foods (STKH) announced its plan to adjust the ratio of the company’s American Depositary Shares in relation to its ordinary shares. The adjustment will change the current ratio from one ADS representing one hundred ordinary shares to a new ratio of one ADS representing five hundred ordinary shares, effective on April 28. This ratio adjustment will essentially serve as a one-for-five reverse ADS split for ADS holders, requiring no action on their part.
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