Company: SVREW
Filing Date: 2025-03-31
Form Type: F-1
Source: 0001213900-25-026309
Chunk: 58

Company: SaverOne 2014 Ltd.
Filing Date: 2025-03-31
Form: F-1
Chunk 58
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, with exercise prices ranging between NIS 0.26 (approximately $0.07) and NIS 24.88 (approximately $6.82) per share, as well as 900,000 restricted ordinary shares. As of March 28, 2024, options to purchase 522,813 shares were cancelled, forfeited, expired, or were otherwise not granted, such that the total outstanding amount of options to our directors, officers and employees and other service providers under our incentive option plan as of such date is 1,133,687.

On June 5, 2023, we completed a private placement to Yorkville, pursuant to which we issued 340,760 ordinary shares represented by 284 ADSs as Commitment Shares under the SEPA. The securities were sold by us under the Purchase Agreement in reliance upon an exemption from the registration requirements under the Securities Act afforded by Section 4(a)(2) of the Securities Act.

Between June 2023 and June 2024, we issued 50,409,240 Ordinary Shares represented by 42,008 ADSs that we sold to Yorkville as Advance Shares under the Prior SEPA, for aggregate gross proceeds of approximately $6.15 million.

Between July 2024 and March
2025, we issued 445,803,290 Ordinary Shares represented by 371,503 ADSs that we sold to Yorkville as Advance Shares under the SEPA, for
aggregate gross proceeds of approximately $5.84 million.

In January 2025, we issued Investor Warrants to purchase up to an aggregate of 325,797 ADS at an exercise price of $10.664 per ADS in a Private Placement Offering. We also issued Placement Agent Warrants to designees of the Placement Agent to purchase up to an aggregate of 11,403 ADSs at an exercise price of $11.66375 per ADS.

We believe that the sales and issuances of the securities described in this Section were exempt from registration either (a) under Section 4(a)(2) of the Securities Act and the rules and regulations promulgated thereunder (including Regulation D and Rule 506), in that the transactions were between an issuer and sophisticated investors or members of its senior executive management and did not involve any public offering within the meaning of Section 4(a)(2) or (b) under Regulation S promulgated under the Securities Act in that offers, sales and issuances were not made to persons in the United States and no directed