Company: SVREW
Filing Date: 2025-03-21
Form Type: DRS
Source: 0001013762-25-001063
Chunk: 24

Company: SaverOne 2014 Ltd.
Filing Date: 2025-03-21
Form: DRS
Chunk 24
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 in compliance with the Minimum Bid Price
Requirement, because the price per share of our ADS was below $1.00 for 30 consecutive business days. Because we effected the 2024 Reverse
Stock Split within the prior one-year period, under a recently amended Listing Rule 5810(c)(3)(A)(iv), we were not eligible to receive
any new compliance or a cure period by the Nasdaq Staff. Accordingly, our ADSs were subject to delisting from Nasdaq unless we requested
an appeal of this determination. We requested an appeal and a hearing date was set for April 10, 2025.

On February 21, 2025, we
implemented the 2025 Reverse Stock Split, changing the ratio of our ADS from 90 ordinary shares to each ADS to 1,200 ordinary shares.
On March 14, 2025, the Nasdaq Staff notified the Company that it has regained compliance with the Minimum Bid Price Requirement and that
the hearing has accordingly been cancelled.

Nonethless, no guarantee can
be provided that we will be able to continue compliance with the Minimum Bid Price Requirement or other Nasdaq Listing Rules. Pursuant
to Listing Rule 5810(c)(3)(A)(iv), a company is not eligible for any compliance periods if it effected one or more reverse stocks in the
cumulative 1-for-250 reverse stock splits ratio within a prior 2-year period. Accordingly, if the bid price of our ADS again fails below
$1 for another consecutive 30 day trading period, prior to October 2026, our ADS will be subject to immediate delisting from Nasdaq. In
addition, we may in the future fail to meet other continued Nasdaq listing requirements, and if we are not eligible to receive any compliance
period from Nasdaq, our ADS will be immediately delisted to over-the-counter market. If this were to occur, it would have a material adverse
effect on our business. Our shareholders could face significant material adverse consequences, including limited availability of market
quotations for ADSs and reduced liquidity for the trading of our securities. In addition, we could experience a decreased ability to issue
additional securities and obtain additional financing in the future. There can be no assurance that an active trading market for ADSs
will develop or be sustained. As a result of these factors, if the ADSs are delisted from Nasdaq, the price of the ADSs is most likely
to decline. The delisting of