Company: SVREW
Filing Date: 2025-04-03
Form Type: 424B3
Source: 0001213900-25-028394
Chunk: 31

Company: SaverOne 2014 Ltd.
Filing Date: 2025-04-03
Form: 424B3
Chunk 31
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 Company to issue and sell shares to Yorkville as set out in the relevant Investor Notice, subject to certain limitations as set forth
in the SEPA. The purchase price of the shares delivered pursuant to an Investor Notice shall be equal to the Conversion Price then
in effect and shall be paid by offsetting the amount of the aggregate purchase price to be paid by Yorkville against an equal amount
outstanding under the Promissory Note.

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No Short-Selling or Hedging by Yorkville

Yorkville has agreed that,
during the term of the SEPA, neither Yorkville or its affiliates will engage in any short sales or hedging transactions with respect
to our ADSs or ordinary shares, provided that Yorkville and its affiliates may enter into Permitted Sales.

Prohibitions on Variable Rate Transactions

There are no restrictions
on future financings, rights of first refusal, participation rights, penalties or liquidated damages in the SEPA other than a prohibition
on our entering into certain types of transactions that are defined in the SEPA as “Variable Rate Transactions.”

Termination of the SEPA

Unless earlier terminated
as provided in the SEPA, the SEPA will terminate automatically on the earliest to occur of: (i) the 36-month anniversary of
the Effective Date, provided that if the Promissory Note is then outstanding, such termination shall be delayed until such date that
the Promissory Note that was outstanding has been repaid, or (ii) the date on which the Investor shall have made payment of Advances
pursuant to this Agreement for ADSs equal to the Commitment Amount.

We have the right to terminate
this Agreement effective upon five Trading Days’ prior written notice to the Investor; provided that (i) there are no outstanding
Advance Notices under which Shares have yet to be issued, (ii) there is not an outstanding Promissory Note, and (iii) the Company has
paid all amounts owed to the Investor pursuant to this Agreement. This Agreement may be terminated at any time by the mutual written
consent of the parties, effective as of the date of such mutual written consent unless otherwise provided in such written consent.

Effect of Performance of the SEPA on our Shareholders

All ADSs that may be issued
or sold by us to Yorkville under the SEPA that are being registered under the Securities Act for resale by Yorkville under this prospectus
are expected to be freely tradable. The securities being registered for