Company: SVREW
Filing Date: 2025-01-31
Form Type: 424B5
Source: 0001213900-25-008656
Chunk: 19

Company: SaverOne 2014 Ltd.
Filing Date: 2025-01-31
Form: 424B5
Chunk 19
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Investing in our securities involves a high degree of risk. You should carefully consider the risks described in our 2023 Annual Report which are incorporated by reference herein, as well as the financial and other information included in this prospectus or incorporated by reference in this prospectus, including our financial statements and related notes, before you decide to purchase our securities. If any of the following risks occur, our business, financial condition, results of operations and prospects could be materially and adversely affected. In that case, the market price of our securities could decline and you could lose some or all of your investment.

Risks Related to Our Financial Conditions

The Company is currently in the early commercialization stage and has not yet generated sufficient revenues from the sale of SaverOne systems.

We have experienced net losses
in every period since the inception of SaverOne. We have incurred losses in each year since our inception, including net losses of NIS
33.8 million (approximately $9.3 million), NIS 25 million (approximately $7.1 million) and NIS 26.5 million (approximately $7.5 million)
for the years ended December 31, 2023, 2022 and 2021, respectively. As of December 31, 2023, we had an accumulated deficit of NIS 135.6
million (approximately $37.4 million). As of June 30, 2024, we had an accumulated deficit of NIS 151,894 and it had a comprehensive loss
of NIS 16,284 for the period of six months ended June 30, 2024.

Until we can generate significant
recurring revenues, we expect to satisfy our future cash needs through debt or equity financing. While we plan to finance its operations
through sale of equity (including using SEPA as described in the Prospectus) and through increasing our revenues from product sales;
however, there can be no assurance that we will succeed in obtaining the necessary financing or generating sufficient revenues from product
sales to meet our current obligations and to achieve its business targets.

Those conditions raise substantial
doubt about the Company’s ability to continue its business operations in accordance with the Company’s plans. The unaudited
financial statements for the six months ended June 30, 2024 do not include any adjustments that might result from the outcome of this
uncertainty. If we are unable to obtain sufficient funds, we may be required to delay, reduce the scope