Company: SVREW
Filing Date: 2025-03-21
Form Type: DRS
Source: 0001013762-25-001063
Chunk: 2

Company: SaverOne 2014 Ltd.
Filing Date: 2025-03-21
Form: DRS
Chunk 2
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,000 American Depositary Shares (“ADS”)
that may be issued to Yorkville pursuant to the standby equity purchase agreement, dated as of July 16, 2024, entered into by and between
Yorkville and the Company (the “SEPA”), either at the election of the Company following an Advance Notice (as defined below)
or pursuant to an Investor Notice (as defined below), in addition to up to 270,000,000 Ordinary Shares that the Company registered for
resale by the Selling Shareholder pursuant to the registration statement on Form F-1 (File No. 333-283669) (the “Initial Registration
Statement”) that was declared effective on December 16, 2024 by the Securities and Exchange Commission.

On February 21, 2025, the
Company effected the change in the ratio of each ADS to Ordinary Shares from one (1) ADS representing ninety (90) Ordinary Shares, to
one (1) ADS representing one thousand two hundred (1,200) Ordinary Shares. This change in the ADS has the effect of a reverse stock
split on the existing ADSs on the basis of one (1) new ADS for every thirteen and one third (13.33) old ADSs held by the Company’s
holders (the “2025 Reverse Stock Split”). Previously, on October 28, 2024, the Company effected the change in the ADS ratio
from one (1) ADS representing five (5) Ordinary Shares, to one (1) ADS representing ninety (90) Ordinary Shares. This change in
the ADS has the effect of a reverse stock split on the existing ADSs on the basis 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