Pluri Inc. Announces Subsidiary to Acquire Fishway; $2M SAFE

What Happened
Pluri Inc. reported (8-K filed Aug 17, 2026) that on August 12, 2026 Ever After Foods Ltd. (EAF), an indirect majority-owned subsidiary, entered into a share purchase agreement to acquire all outstanding shares of Fishway BV. EAF will issue ordinary shares to Fishway’s sellers as consideration. In connection with the deal, certain sellers/investors signed a SAFE (simple agreement for future equity) committing an aggregate $2.0 million to EAF. Pluri is not a party to the purchase or SAFE agreements.

Key Details

• Transaction date: Share Purchase Agreement executed on August 12, 2026; expected to close within ~30 days subject to customary closing conditions.
• Investment: Investors agreed to invest $2.0 million in EAF under a SAFE.
• Ownership impact: Pluri currently indirectly owns ~69% of EAF; after closing Pluri expects its indirect interest to dilute to ~58%.
• Purpose: EAF said the acquisition supports its European strategy via Fishway’s Belgian presence and development-stage work on cell lines and culture media for the cultivated seafood industry.

Why It Matters
The deal expands Pluri’s subsidiary footprint in Europe and brings development-stage capabilities relevant to cultivated seafood into EAF. For investors, the main points are the expected dilution of Pluri’s indirect stake in EAF (from ~69% to ~58%) and the $2.0M SAFE funding into EAF. The transaction remains subject to closing conditions and corporate approvals, so completion and the final strategic impact are not guaranteed.