Company: SVREW
Filing Date: 2025-04-03
Form Type: 424B3
Source: 0001213900-25-028394
Chunk: 14

Company: SaverOne 2014 Ltd.
Filing Date: 2025-04-03
Form: 424B3
Chunk 14
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 that promote safer driving habits and promote technologies to reduce accidents on the road. The EU Regulatory Committee on
Driver Distraction aims to promote regulations that oblige OEMs that launch new vehicle models in the EU starting from July 2024 to integrate
solutions into the vehicle systems that will tackle driver distraction. From July 2026, the integration of driver distraction systems
will become a requirement for all new vehicles sold in the EU.

Funding Transactions with Yorkville through Standby Equity Lines

The Prior SEPA

On June 5, 2023, the Company
entered into a Standby Equity Purchase Agreement (the “Prior SEPA”) with Yorkville, pursuant to which the Company has the
right to sell to Yorkville from time to time up to $10,000,000, or the Commitment Amount of the ADSs during 48-months, at a price
equal to 95% of the lowest of the 3 daily VWAPs (VWAP” means, for any trading day, the daily volume weighted average price of our
ADSs for such trading day on the Nasdaq Stock Market during regular trading hours as reported by Bloomberg L.P.).

In connection with the Prior
SEPA, Yorkville advanced to the Company $3,000,000, evidenced by two promissory notes: (i) the First Promissory Note in principal amount
of $2,000,000 was issued upon execution of the Prior SEPA, and (ii) the Second Promissory Note in principal amount of $1,000,000 was
issued by the Company to Yorkville on December 11, 2023, when the Company and Yorkville entered into a first amendment to the Prior SEPA.
On March 25, 2024, the parties entered into a second amendment to the Prior SEPA under which the Commitment Amount was increased from
$10,000,000 to $15,000,000. As the date of this Prospectus, the Company fully repaid both Promissory Notes and sold a total of 50,409,240
ordinary shares represented by 42,008 ADSs under the Prior SEPA, for aggregate gross proceeds of approximately $6.15 million.

SEPA-See
the section titled “The Yorkville Transaction” for a description of the transaction contemplated by the SEPA entered
into on July 26, 2024.

Other Transactions

On November 11, 2024, the Company issued