Company: SVREW
Filing Date: 2025-01-31
Form Type: 424B5
Source: 0001213900-25-008656
Chunk: 9

Company: SaverOne 2014 Ltd.
Filing Date: 2025-01-31
Form: 424B5
Chunk 9
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 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.

<div align='center'>S-3</div>

Yorkville advanced 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.. Each Pre-Paid Advance was subject to a 3% discount of the principal amount of the Pre-Paid Advance.

Principal, interest and any other
payments due under the Promissory Notes shall be paid in cash on January 16, 2026 (the “Maturity Date”), unless converted
by Yorkville or redeemed by the Company. Except as specifically permitted by the terms of the Promissory Notes, the Company may not prepay
or redeem any portion of the outstanding principal and accrued and unpaid interest thereunder. Subject to the terms set forth in the
Promissory Notes, at any time on or after the issuance date, Yorkville shall be entitled to convert any portion of the outstanding principal
of the Promissory Notes plus accrued and unpaid interest on such outstanding principal of the Promissory Notes (such amount, the “Conversion
Amount”) into ADSs at the Conversion Price. The number of ADSs issuable upon conversion of the Conversion Amount will be determined
by dividing (x) such Conversion Amount by (y) the lower of (i) $9.51 per ADS, or (ii) 95% of the lowest daily VWAP during
the 5 consecutive trading days immediately preceding the Conversion Date or other date of determination (the “Conversion Price”),
but not lower than the Floor Price. The Conversion Price will be adjusted from time to time pursuant to the terms and conditions of the
Promissory Notes.

The Company has the option to
redeem a portion or all amounts outstanding under the Promissory Notes, provided that the Company provides Yorkville with prior written
notice of its desire to do so. Each redemption will be irrevocable. In addition to the amount of the outstanding principal and all accrued
and unpaid interest on such principal amount, the Company has to pay a 10% premium.

The Company is required to make
monthly