Company: SVREW
Filing Date: 2025-04-03
Form Type: 424B3
Source: 0001213900-25-028394
Chunk: 3

Company: SaverOne 2014 Ltd.
Filing Date: 2025-04-03
Form: 424B3
Chunk 3
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 than 50% of the closing price on the trading day immediate
before such reset (and cannot be greater than the Floor Price then in effect), the daily VWAP is greater than 110% of the Floor Price
then in effect for 10 consecutive days or Yorkville can use the registration statement to sell its ADSs. As of the date of this prospectus,
an outstanding balance of approximately $132,000 remains due under these promissory notes. Yorkville has waived through April 21, 2025,
any Amortization Event under the SEPA as a result of a Floor Price Event.

Yorkville may declare the
full unpaid principal amount of the Promissory Notes, together with interest and other amounts owing in respect thereof, immediately
due and payable in cash upon the occurrence of certain specified events of default and mandatory prepayment events. Upon the occurrence
and during the continuance of any event of default, interest will accrue on the outstanding principal balance of the Promissory Notes
at a rate of 18% per annum.

At any time that a balance
under a Promissory Note is outstanding, Yorkville may, by providing written notice to the Company (an “Investor Notice”),
require the Company to issue and sell shares to Yorkville as set out in the relevant Investor Notice, subject to certain limitations
as set forth in the SEPA. The purchase price of the shares delivered pursuant to an Investor Notice shall be equal to the Conversion
Price then in effect and shall be paid by offsetting the amount of the aggregate purchase price to be paid by Yorkville against an equal
amount outstanding under the Promissory Note.

The SEPA does not require
Yorkville to subscribe for or acquire any ADSs under the SEPA if those ADSs, when aggregated with all other ADSs or Ordinary Shares acquired
by Yorkville under the SEPA, would result in Yorkville beneficially owning more than 9.99% of the outstanding ADSs or Ordinary Shares.

We are not selling any of
our securities under this prospectus, and we will not receive any of the proceeds from the sale of our securities by Yorkville. However,
the outstanding balances under the Promissory Notes will be reduced by the amount of ADSs sold to Yorkville pursuant to the SEPA. We
will bear all costs, expenses and fees in connection with the registration of the ADSs. Yorkville will bear all commissions and discounts,
if any, attributable to sales of the securities registered