Company: SVREW
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001013762-25-001028
Chunk: 4

Company: SaverOne 2014 Ltd.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 3
Chunk 4
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  maintaining, protecting                                                                                          

  attracting, hiring and          

Our
independent auditors have expressed their concern as to our ability to continue as a going concern.

Our
audited consolidated financial statements for the year ended December 31, 2024 contain an explanatory paragraph regarding substantial
doubt about our ability to continue as a going concern. The financial statements for 2024 do not include any adjustments that might result
from the outcome of this uncertainty. The Company’s existing operational cash flow may not be sufficient to fund presently anticipated
operations, and the Company expects that it will need to raise additional funds through alternative sources of financing before it becomes
profitable. Until we can generate significant recurring revenues, we expect to satisfy our future cash needs through debt or equity financing.
There is no assurance that we will be able to obtain additional funding when it is needed, or that such funding, if available, will be
obtainable on terms acceptable to us. In addition, should we incur significant presently unforeseen expenses or delays, we may not be
able to accomplish our goals. If funds are not available, we may be required to delay, reduce the scope of, or eliminate research or
development plans for, or commercialization efforts with respect to our products. These factors, among others, raise substantial doubt
about the Company’s ability to continue as a going concern. If the Company is unable to obtain sufficient funding, our business,
prospects, financial condition and results of operations will be materially and adversely affected, and we may be unable to continue
as a going concern.

We
may not be able to continue complying with the continued Nasdaq listing requirements, which could result in delisting of the ADSs from
Nasdaq.

We
have in the past, and may in the future, be unable to comply with certain of the listing standards that we are required to meet to maintain
the listing of the ADSs on Nasdaq.

On
May 17, 2024, we received notification from the we received a letter from the Listings Qualifications Department of The Nasdaq Stock
Market LLC (the “ Nasdaq Staff”) indicating that, based on the closing bid price of the ADSs for the 30 consecutive business
days, we did not meet the minimum bid price of $1.00 per share required for continued listing on Nasdaq pursuant to Listing Rule 5550(a)(2)
(the “ Minimum