Company: SVREW
Filing Date: 2025-07-01
Form Type: F-1
Source: 0001213900-25-060400
Chunk: 46

Company: SaverOne 2014 Ltd.
Filing Date: 2025-07-01
Form: F-1
Chunk 46
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 These requirements do not apply if the acquisition
(i) occurs in the context of a private placement by the company that received shareholder approval or (ii) was from a 25% or 45% shareholder,
as the case may be. The tender offer must be extended to all shareholders, but the offeror is not required to purchase more than 5% of
the company’s outstanding shares, regardless of how many shares are tendered by shareholders. The tender offer generally may be
consummated only if (i) at least 5% of the voting rights in the company will be acquired by the offeror and (ii) the number of shares
tendered in the offer exceeds the number of shares whose holders objected to the offer.

Merger

The Companies Law permits
merger transactions if approved by each party’s board of directors and, unless certain requirements described under the Companies
Law are met, by a majority vote of each party’s shares.

Special rules govern a merger
with an acquiror that is already affiliated with the target. Unless a court rules otherwise, the merger must also be approved by at least
50% of the votes of the shares of the target that are held by the shareholders other than (i) the acquiror and (ii) any person (or group
of persons acting in concert) who holds 25% or more of the voting rights of the acquiror, or the right to appoint 25% or more of the directors
of the acquiror. If, however, the merger involves a merger with a company’s own controlling shareholder or if the controlling shareholder
has a personal interest in the merger, then the merger is instead subject to the same special majority approval that governs all extraordinary
transactions with controlling shareholders (as described under “Management — Fiduciary duties and approval of related-party
transactions— Approval of related-party transactions”). If the transaction would have been approved by the shareholders of
a merging company but for the exclusion of the votes of certain shareholders as provided above, a court may still approve the merger upon
the request of holders of at least 25% of the voting rights of a company, if the court holds that the merger is fair and reasonable, taking
into account the value to the parties to the merger and the consideration offered to the shareholders of the company.

Upon the request of a creditor
of either party to the proposed merger, the court may delay or prevent the merger if it concludes that there exists a reasonable concern