Company: SVREW
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001013762-25-001028
Chunk: 171

Company: SaverOne 2014 Ltd.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 19
Chunk 171
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 amounts that the company will be required to be pay as future royalty payments
due to sales of products incorporating the acquired Micronet camera technology, will be recognized as expense, in the periods when such
sales will be reflected as revenues.

  Leasing                          

Note
13 - Share capital and reserves

  Composition of share capital  

                                                    December                                                                                                             
                                                    31                                                                                                                   
                                                    2024                                                                 2023                                            
                                                    Authorized                         Issued                            Authorized                         Issued       
                                                                                       and                                                                  and          
                                                                                       outstanding                                                          outstanding  
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Ordinary shares, par value NIS 0.01 each (1)                      1,000,000,000                       415,103,076                      1,000,000,000                   

  (1)      On February 17, 2025, the general meeting of shareholders of the Company approved to increase the authorized shares of the Company to 10,000,000,000 ordinary shares.  

In
June 2022, the Company completed an underwritten initial public offering in the United States (the “ U. S. IPO”) on the Nasdaq
under in which the Company issued and sold units consisting of American Depositary Shares (“ ADS”), and warrants to purchase
ADS. The ADSs and Warrants are traded on the Nasdaq under the symbols “ SVRE” and “ SVREW”, respectively.

On
October 28, 2024, the Company effected the change in the ADS ratio from one (1) ADS representing five (5) Ordinary Shares, to one (1)
ADS representing ninety (90) Ordinary Shares. Subsequent to the statement of financial position date, on February 21, 2025, the Company
effected an additional change in the ADS ratio from one (1) ADS representing ninety (90) Ordinary Shares, to one (1) ADS representing
one thousand two hundred (1,200) Ordinary Shares. This change in the ADS has the effect or a reverse stock split on the existing ADSs
on the basis of one (1) new ADS for every thirteen and one third (13.33) old ADSs (the “ Reverse Stock Split”) held by the
Company’s holders. All per ADS amounts were adjusted to reflect the Reverse Stock Split.

F-33

SAVERONE
2014 LTD.

NOTES
TO THE FINANCIAL STATEMENTS