Company: SVREW
Filing Date: 2025-06-24
Form Type: DRS
Source: 0001213900-25-057237
Chunk: 3

Company: SaverOne 2014 Ltd.
Filing Date: 2025-06-24
Form: DRS
Chunk 3
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 Stock Split, February 2025 Reverse Stock Split and October 2024 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”).

Yorkville has previously advanced
to the Company the principal amount of $3,000,000 (the “Pre-Paid Advance”), evidenced by promissory notes (the “Promissory
Notes”), which are convertible into the Company’s ADSs in three separate installments. Each Pre-Paid Advance was subject
to a 3% discount on the principal amount of the Pre-Paid Advance. Unless converted by Yorkville, repaid or redeemed by the Company
earlier, the principal, interest and any other payments due under the Promissory Notes were due in cash on January 16, 2026 (the “Maturity
Date”). As of the date of this prospectus all outstanding amounts under the Promissory Notes have been paid in full.

Yorkville is not required
to subscribe for or acquire any ADSs under the SEPA if those ADSs, when aggregated with all other ADSs or Ordinary Shares acquired by
Yorkville under the SEPA, would result in Yorkville beneficially owning more than 9.99% of the outstanding ADSs or Ordinary Shares.

We are not selling any of
our securities under this prospectus, and we will not receive any of the proceeds from the sale of our securities by Yorkville. We will
bear all costs, expenses and fees in connection with the registration of the ADSs under this prospectus. Yorkville will bear all commissions
and