Company: SVREW
Filing Date: 2025-04-03
Form Type: 424B3
Source: 0001213900-25-028394
Chunk: 1

Company: SaverOne 2014 Ltd.
Filing Date: 2025-04-03
Form: 424B3
Chunk 1
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 of one (1) new ADS for every eighteen (18) old ADSs
held by the Company’s holders (the “2024 Reverse Stock Split” and collectively with the 2025 Reverse Stock Split, the
“Reverse Stock Splits”). Our Ordinary Shares were unaffected by the new exchange ratio for ADSs. Our ADSs are evidenced by
American Depositary Receipts, or “ADRs.”

Unless noted otherwise, all ADSs and the price per ADS numbers for all periods presented in this Prospectus have been retroactively adjusted for the Reverse Stock Splits.

Pursuant to the SEPA, subject
to the terms and conditions set forth therein, the Company has the right, but not the obligation, to issue (each such issuance, an “Advance”)
to Yorkville, and Yorkville has the obligation to subscribe for the Company’s ADSs for an aggregate subscription amount of up to
$15 million (the “Commitment Amount”), at any time from the date of the SEPA until July 16, 2027, unless terminated
earlier pursuant to the SEPA (the “Commitment Period”), by delivering written notice to Yorkville (each, an “Advance
Notice”). As described below, without Yorkville’s consent, the Company does not have the right to require Yorkville to subscribe
for any ADSs if a balance remains outstanding under the promissory notes issued to Yorkville, unless an Amortization Event (as defined
below) has occurred and the proceeds of any Advance is applied towards repayment of a balance under those promissory notes.

Yorkville has previously
advanced to the Company the principal amount of $3,000,000 (the “Pre-Paid Advance”), evidenced by convertible promissory
notes (the “Promissory Notes”), which are convertible into Company’s ADSs. The first Pre-Paid Advance in a principal
amount of $1,000,000 was advanced on July 17, 2024, the second Pre-Paid Advance in a principal amount of $1,000,000 was advanced
on July 26, 2024, upon filing of the Prior Registration Statement, and the third Pre-Paid Advance in a principal amount of $1,000,000
was advanced to the Company on August 8, 2024, the second trading day after the date of effectiveness of the Initial Registration
Statement. Each Pre-Paid Advance was subject to a 3% discount on the principal amount of the Pre