Company: SVREW
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001013762-25-001028
Chunk: 149

Company: SaverOne 2014 Ltd.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 19
Chunk 149
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-10

SAVERONE
2014 LTD.

NOTES
TO THE FINANCIAL STATEMENTS (CONT.)

(New
Israeli Shekels in thousands, except per share and share data)

Note
1 - General (Cont.)

  The                                  

On
November 11, 2024, the Company issued to Yorkville, an unsecured non-convertible promissory note (the “ Fourth Promissory Note”)
in an amount of $ 1,000 3,629 8 3

On
January 30, 2025, the Company entered into securities purchase agreements with certain institutional investors of selling through a registered
direct offering an aggregate of 195,428,970 162,899 390,857,940 325,797 10.66 1,520 5,448 13,680,000 11,403 11.67

  The                       

On October 7, 2023, the State of Israel was attacked by the Hamas terrorist organization, and as a result, the State of Israel declared
a state of war and a large-scale mobilization of reserves (the “ War”), which is an exceptional event with security and economic
implications, the scope and outcome of which cannot be predicted. Following the War, the State of Israel is taking significant steps
to maintain the security of Israeli residents, which has had a significant impact on economic and business activity in the country.

The
management regularly monitors developments and acts in accordance with the guidelines of the various authorities. Since this is an event
beyond the Company’s control and characterized by uncertainty, inter alia as to when the War will end, as of the financial statements’
approval date, the Company is unable to predict the intensity of the War impact on the Company’s financial condition and its operations
results, if any.

F-11

SAVERONE
2014 LTD.

NOTES
TO THE FINANCIAL STATEMENTS (CONT.)

(New
Israeli Shekels in thousands, except per share and share data)

Note
2 - Material accounting policies

  Presentation basis of the financial statements  

The
financial statements have been prepared on the historical cost basis, except for financial derivatives and financial liabilities measured
at fair value through profit or loss.

The
statements of comprehensive loss are presented in accordance with the “function of expense”.

The
financial statements have prepared in accordance with International Financial Reporting Standards (“ IFRS Accounting Standards”)
as issued by the International