Company: SVREW
Filing Date: 2025-03-21
Form Type: DRS
Source: 0001013762-25-001063
Chunk: 29

Company: SaverOne 2014 Ltd.
Filing Date: 2025-03-21
Form: DRS
Chunk 29
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be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information.
The forward-looking statements contained in this Prospectus are expressly qualified in their entirety by this cautionary statement. Readers
should not place undue reliance on any forward-looking statements. Except as expressly required by the federal securities laws, we disclaim
any obligation to publicly update or revise any forward-looking statements contained herein, whether as a result of new information,
future events, changed circumstances or any other reason.

<div align='center'>THE YORKVILLE TRANSACTION</div>

On July 16, 2024, we entered
into the SEPA, pursuant to which Yorkville has committed to purchase up to $15.0 million of our ADSs at our direction from time
to time during the commitment period, subject to the restrictions and satisfaction of the conditions in the SEPA.

Pursuant to the SEPA, subject
to the terms and conditions set forth therein, the Company has the right, but not the obligation, to issue an Advance to Yorkville, and
Yorkville has the obligation to subscribe for the Company’s ADSs for an aggregate subscription amount of up to 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 an Advance Notice to Yorkville . 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 has occurred and the proceeds of any Advance is applied towards repayment of a balance under those promissory notes.

Yorkville agreed to advance
to the Company the principal amount of $3,000,000 (the “Pre-Paid Advance”), evidenced by 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, the date of the filing of the
Initial 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