Company: SVREW
Filing Date: 2025-07-08
Form Type: 424B3
Source: 0001213900-25-062089
Chunk: 12

Company: SaverOne 2014 Ltd.
Filing Date: 2025-07-08
Form: 424B3
Chunk 12
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 the
European Union’s (EU) Regulatory Committee on Driver Distraction, as an observing member. This committee is responsible for setting
EU regulations for OEMs for in-vehicle technologies that help detect driver distractions and improve road safety. As an observing member,
we have the opportunity to contribute our strong expertise and insights to help shape the future of in-vehicle technology, to reduce driver
distractions and better protect vulnerable road users and will participate in discussions, provide feedback, and help craft regulations
that promote safer driving habits and promote technologies to reduce accidents on the road. The EU Regulatory Committee on Driver Distraction
aims to promote regulations that oblige OEMs that launch new vehicle models in the EU starting from July 2024 to integrate solutions into
the vehicle systems that will tackle driver distraction. From July 2026, the integration of driver distraction systems will become a requirement
for all new vehicles sold in the EU.

Funding Transactions with Yorkville through Standby Equity Lines

The Prior SEPA

On June 5, 2023, the Company
entered into a Standby Equity Purchase Agreement (the “Prior SEPA”) with Yorkville, pursuant to which the Company had the
right to sell to Yorkville from time to time up to $10,000,000, or the Commitment Amount of the ADSs during 48-months, at a price
equal to 95% of the lowest of the 3 daily VWAPs (VWAP” means, for any trading day, the daily volume weighted average price of our
ADSs for such trading day on the Nasdaq Stock Market during regular trading hours as reported by Bloomberg L.P.).

In connection with the Prior
SEPA, Yorkville advanced to the Company $3,000,000, evidenced by two promissory notes: (i) the First Promissory Note in principal amount
of $2,000,000 was issued upon execution of the Prior SEPA, and (ii) the Second Promissory Note in principal amount of $1,000,000 was issued
by the Company to Yorkville on December 11, 2023, when the Company and Yorkville entered into a first amendment to the Prior SEPA. On
March 25, 2024, the parties entered into a second amendment to the Prior SEPA under which the Commitment Amount was increased from $10,000,000
to $15,000,000. As the date of this Prospectus, the