Company: SVREW
Filing Date: 2025-06-24
Form Type: DRS
Source: 0001213900-25-057237
Chunk: 14

Company: SaverOne 2014 Ltd.
Filing Date: 2025-06-24
Form: DRS
Chunk 14
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 the integration of driver distraction systems will become a requirement
for all new vehicles sold in the EU.

Funding Transactions with Yorkville through Standby Equity Lines

The Prior SEPA

On June 5, 2023, the Company
entered into a Standby Equity Purchase Agreement (the “Prior SEPA”) with Yorkville, pursuant to which the Company had the
right to sell to Yorkville from time to time up to $10,000,000, or the Commitment Amount of the ADSs during 48-months, at a price
equal to 95% of the lowest of the 3 daily VWAPs (VWAP” means, for any trading day, the daily volume weighted average price of our
ADSs for such trading day on the Nasdaq Stock Market during regular trading hours as reported by Bloomberg L.P.).

In connection with the Prior
SEPA, Yorkville advanced to the Company $3,000,000, evidenced by two promissory notes: (i) the First Promissory Note in principal amount
of $2,000,000 was issued upon execution of the Prior SEPA, and (ii) the Second Promissory Note in principal amount of $1,000,000 was issued
by the Company to Yorkville on December 11, 2023, when the Company and Yorkville entered into a first amendment to the Prior SEPA. On
March 25, 2024, the parties entered into a second amendment to the Prior SEPA under which the Commitment Amount was increased from $10,000,000
to $15,000,000. As the date of this Prospectus, the Company fully repaid both Promissory Notes issued in connection with the Prior SEPA
and sold a total of 50,409,240 Ordinary Shares represented by 14,003 ADSs under the Prior SEPA, for aggregate gross proceeds of approximately
$6.15 million.

SEPA-See the
section titled “The Yorkville Transaction” for a description of the transaction contemplated by the SEPA entered into
on July 26, 2024.

Other Transactions

On November 11, 2024, the Company issued to Yorkville, an unsecured non-convertible promissory note (the “November 24 Promissory
Note”) in the original principal amount of $1,000,000. Pursuant to the terms of the November 24 Promissory Note, it (i