Company: SVREW
Filing Date: 2025-03-31
Form Type: F-1
Source: 0001213900-25-026272
Chunk: 22

Company: SaverOne 2014 Ltd.
Filing Date: 2025-03-31
Form: F-1
Chunk 22
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 case, the market price of our securities could decline and you could lose some or all of your investment.

Risks Related to Our Financial Condition

We have a limited operating history on which to assess the prospects for our business, have incurred significant losses since the date of our inception, and anticipate that we will continue to incur significant losses until we are able to successfully commercialize our products.

The Company is currently
in the early commercialization stage and has not yet generated sufficient revenues from the sale of SaverOne systems. We have experienced
net losses in every period since the inception of SaverOne. We have incurred losses in each year since our inception, including net losses
of NIS 34.9 million (approximately $9.4 million), NIS 33.8 million (approximately $9.3 million) and NIS 25 million (approximately $7.1
million) for the years ended December 31, 2024, 2023 and 2022, respectively. As of December 31, 2024, we had an accumulated deficit of
NIS 170.5 million (approximately $46.1 million).

Until we can generate significant
recurring revenues, we expect to satisfy our future cash needs through debt or equity financing. While we plan to finance its operations
through sale of equity (including using SEPA as described in the Prospectus) and through increasing our revenues from product sales;
however, there can be no assurance that we will succeed in obtaining the necessary financing or generating sufficient revenues from product
sales to meet our current obligations and to achieve its business targets.

Our independent auditors have expressed their concern as to our ability to continue as a going concern.

Our audited consolidated
financial statements for the year ended December 31, 2024, contain an explanatory paragraph regarding substantial doubt about our ability
to continue as a going concern. The financial statements for 2024 do not include any adjustments that might result from the outcome of
this uncertainty. The Company’s existing operational cash flow may not be sufficient to fund presently anticipated operations,
and the Company expects that it will need to raise additional funds through alternative sources of financing before it becomes profitable.
Until we can generate significant recurring revenues, we expect to satisfy our future cash needs through debt or equity financing. There
is no assurance that we will be able to obtain additional funding when it is needed, or that such funding, if available, will be obtainable
on terms acceptable to us. In addition, should we