Company: SVREW
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001013762-25-001028
Chunk: 79

Company: SaverOne 2014 Ltd.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 5
Chunk 79
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 to continue our business and operations as currently conducted for 12 months from
the date of issuance of this Annual Report on Form 20-Fs. Such conditions raise substantial doubts about our ability to continue as a going concern.
Management’s plan includes raising funds from existing shareholders and/or outside potential investors. However, there can be no
assurance that the Company will succeed in obtaining the necessary financing or generating sufficient revenues from product sales to
meet its current obligations and to achieve its business targets. Those conditions raise substantial doubt about the Company’s
ability to continue as a going concern.

Recent
Transactions

On
June 20, 2024, the Company entered in a securities purchase agreement with investors, and on June 25, 2024, it closed the transaction
pursuant to this agreement, in which the Company sold and issued to these investors an aggregate of 12,555,555 ordinary shares, represented
by 10,466 American Depositary Shares. Aggregate gross proceeds from the registered direct offering were approximately $1,130 million,
before deducting the offering expenses payable by us. No placement agent commissions or fees were payable in the transaction. The Ordinary
Shares representing ADSs and the ADSs were sold pursuant to a prospectus supplement filed by the Company on June 25, 2024 with the SEC
in connection with a takedown from the Company’s shelf registration statement on Form
F-3

On July 16, 2024, we entered into the SEPA with Yorkville, pursuant
to which Yorkville has committed to purchase up to $15.0 million of our ADSs at our direction from time to time during a 3-year period
following the date of the execution, until July 16, 2027, subject to the restrictions and satisfaction of the conditions in the SEPA.
Pursuant to SEPA, Yorkville advanced to the Company the principal amount of $3,000,000 (the “ Pre-Paid Advance”), evidenced
by 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. Pursuant to the SEPA, Principal, interest and any other payments due under the Promissory Notes are
to be paid in cash on January 16, 2026 (the “ Maturity Date”), unless converted by Yorkville or redeemed by the Company. As
of the date of this Annual Report,