SaverOne Announces Registered Direct Offering of Shares

TL;DR

SaverOne is selling 12.5M shares in a direct offering to two investors.

AI Summary

On June 20, 2024, SaverOne 2014 Ltd. entered into a securities purchase agreement for a registered direct offering. The company agreed to sell an aggregate of 12,555,555 ordinary shares, represented by 2,511,111 American Depositary Shares, to two investors.

Why It Matters

This offering provides SaverOne with capital, potentially for operational expansion or further development of its safety technology.

Risk Assessment

Risk Level: medium — Registered direct offerings can dilute existing shareholders and may indicate a need for immediate capital.

Key Numbers

• 12,555,555 — Ordinary Shares (Total number of shares to be sold in the registered direct offering.)
• 2,511,111 — American Depositary Shares (Total number of ADSs to be sold, representing the ordinary shares.)

Key Players & Entities

• SaverOne 2014 Ltd. (company) — Filer of the report and seller in the offering
• June 20, 2024 (date) — Date of the securities purchase agreement
• 12,555,555 (dollar_amount) — Number of ordinary shares to be sold
• 2,511,111 (dollar_amount) — Number of American Depositary Shares to be sold
• two investors (person) — Buyers in the registered direct offering

FAQ

Key Financial Figures

• $0.45 — o;ADSs”), at an offering price of $0.45 per ADS. Each ADS represents five Ordin

Filing Documents

• ea0208221-6k_saverone.htm (6-K) — 13KB
• ea020822101ex10-1_saverone.htm (EX-10.1) — 113KB
• image_001.jpg (GRAPHIC) — 6KB
• 0001213900-24-054466.txt ( ) — 136KB

Forward Looking Statements

Forward Looking Statements This Report contains statements which constitute forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. These forward looking statements are based upon the Company’s present intent, beliefs or expectations, but forward looking statements are not guaranteed to occur and may not occur for various reasons, including some reasons which are beyond the Company’s control. The closing of the Offering is subject to various conditions and contingencies as are customary in securities purchase agreement in the United States. If these conditions are not satisfied or the specified contingencies do not occur, this Offering may not close. For this reason, among others, you should not place undue reliance upon the Company’s forward looking statements. Except as required by law, the Company undertakes no obligation to revise or update any forward looking statements in order to reflect any event or circumstance that may arise after the date of this Report. Exhibit Index Exhibit No. Description 10.1 Form of Securities Purchase Agreement, dated June 20, 2024 1

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: June 21, 2024 SAVERONE 2014 LTD. By: /s/ Ori Gilboa Name: Ori Gilboa Title: Chief Executive Officer 2

View Full Filing

View this 6-K filing on SEC EDGAR