Company: SVREW
Filing Date: 2025-03-21
Form Type: DRS
Source: 0001013762-25-001070
Chunk: 13

Company: SaverOne 2014 Ltd.
Filing Date: 2025-03-21
Form: DRS
Chunk 13
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reements with the Investors pursuant to which on January 31, 2025, at the closing (the “Closing”), the Company sold to the Investors in the registered direct offering (the “Registered Direct Offering”) an aggregate of 195,428,970 ordinary shares, par value NIS 0.01 per share (“Ordinary Shares”), represented by 162,899 ADSs, at an offering price of $9.331 per ADS. The ADSs were sold pursuant to a prospectus supplement dated January 30, 2025, filed by the Company on January 31, 2025 with the Securities and SEC, in connection with a takedown from the Company’s shelf registration statement on Form F-3 (File No. 333-274458), which became effective by the SEC on September 27, 2023, and the base prospectus dated as of September 27, 2023 contained in such registration statement.

In addition, pursuant to the Purchase Agreement, at the Closing, the Company offered and sold to the Investors in a concurrent Private Placement Offering the Investor Warrants, exercisable for 24 months from January 17, 2025. Each holder of the Investor Warrants agreed not to exercise any such warrants to the extent that such exercise would result in the number of Ordinary Shares beneficially owned by such holder and its affiliates exceeding 4.99% or 9.99% (at the election of the Investor) of the total number of Ordinary Shares outstanding immediately after giving effect to the exercise. Pursuant to the Purchase Agreements, the Company is registering for resale in this Registration Statement on Form F-1 up to 390,857,940 Ordinary Shares represented by 325,797 ADSs issuable upon exercise of the Investor Warrants at an exercise price of $10.664 per ADS. The Investor Warrants may only be exercised on a cashless basis if there is no effective registration statement or a prospectus contained therein that covers the resale of the Ordinary Shares represented by the ADS underlying such Investor Warrants.

In connection with the Registered Offering and the Private Placement Offering, the Company engaged H.C. Wainwright & Co., LLC as its exclusive placement agent (the “Placement Agent”). At the Closing, the Company issued to the designees of the Placement Agent, warrants to purchase up to an aggregate of 11,403 ADSs at an exercise price of $11.66375 per share (the “Placement Agent Warrants”). The Placement Agent Warrants have the same