Company: SVREW
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001013762-25-001028
Chunk: 175

Company: SaverOne 2014 Ltd.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 19
Chunk 175
---
 2022 (the “ PIPE Closing Date”).

In
connection with the PIPE and pursuant to the PIPE Agreement, the Company granted registration rights (the “ Registration Rights”)
to the PIPE Purchaser, under which the Company agreed to file a registration statement (the “ Resale Registration Statement”)
with the Securities and Exchange Commission (the “ SEC”) as soon as reasonably practicable to register the resale of the ADSs,
and to cause such Resale Registration Statement to be declared effective within 45-days of the PIPE Closing Date (the “ Resale Effectiveness
Date”). On January 17, 2023 the Company filed the Resale Registration Statement on Form F-1, which was declared effective by the
SEC on January 24, 2023.

  (3)      On June 5, 2023, the Company entered into the SEPA with Yorkville, under which the Company was granted the right, but not the obligation, to sell to Yorkville from time to time up to the Commit...  

The
Company incurred direct and incremental issuance costs amounted to $ 70 260

Pursuant
to the SEPA, Yorkville shall not be obligated to purchase or acquire any ADSs under the SEPA which, when aggregated with all other ADSs
or ordinary shares beneficially owned by Yorkville and its affiliates, would result in the beneficial ownership of Yorkville and its
affiliates (on an aggregated basis) to exceed 4.99

F-37

SAVERONE
2014 LTD.

NOTES
TO THE FINANCIAL STATEMENTS (CONT.)

(New
Israeli Shekels in thousands, except per share and share data)

Note
13 - Share capital and reserves (Cont.)

  Changes                                        
  in the issued and outstanding capital (Cont.)  
 ─────────────────────────────────────────────────

  (3)      (Cont.)  

Upon
the execution of the SEPA, Yorkville, upon the Company’s request, advanced to the Company $ 2,000 7,430 8 3

Yorkville’s
obligation to purchase the Company’s ADSs pursuant to the SEPA was subject to a number of conditions, including that
a registration statement (the “ YA Resale Registration Statement”) be filed with the SEC. On June 7, 2023, the Company filed
YA Resale Registration Statement on Form F-1, which was declared effective by the SEC on June 16, 2023