SaverOne Changes ADS Ratio to Meet $1.00 Bid Price

TL;DR

SaverOne is reverse splitting its ADSs 1:18 (5:90 shares per ADS) to get its stock price above $1.00.

AI Summary

SaverOne 2014 Ltd. announced on October 23, 2024, a change in its American Depositary Shares (ADSs) ratio. The company plans to adjust the ratio from one ADS representing five ordinary shares to one ADS representing ninety ordinary shares. This change is primarily intended to help the company regain compliance with the minimum bid price requirement of $1.00 per share.

Why It Matters

This ratio change aims to boost the ADS price, potentially preventing delisting from exchanges that require a minimum bid price.

Risk Assessment

Risk Level: medium — The need to change the ADS ratio suggests the company's stock price is struggling, which could indicate underlying business challenges.

Key Numbers

• 1:5 — Current ADS Ratio (One ADS represents five ordinary shares.)
• 1:90 — New ADS Ratio (One ADS will represent ninety ordinary shares.)

Key Players & Entities

• SaverOne 2014 Ltd. (company) — Registrant
• American Depositary Shares (ADSs) (security) — Instrument being adjusted
• $1.00 (dollar_amount) — Minimum bid price requirement

FAQ

Key Financial Figures

• $1.00 — compliance with a minimum bid price of $1.00 per share for continued listing on the

Filing Documents

• ea0218391-6k_saverone.htm (6-K) — 16KB
• 0001213900-24-089949.txt ( ) — 17KB

Forward-Looking Statements

Forward-Looking Statements Certain statements in this current report are forward-looking within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements regarding our ability to regain compliance with the Minimum Bid Requirement for continued listing on Nasdaq and other statements that are not statements of historical fact, and may be identified by words such as “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking differ materially from those expressed or implied in such forward-looking statements include but are not limited to, the risks detailed in the Company’s Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the “SEC”) on March 25, 2024 and in subsequent filings with the SEC. Forward-looking statements contained in this current report are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law. Incorporation by Reference This Report on Form 6-K is hereby incorporated by reference into each of the Registrant’s Registration S

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. SaverOne 2014 Ltd. Date: October 23, 2024 By: /s/ Ori Gilboa Name: Ori Gilboa Title: Chief Executive Officer 2

View Full Filing

View this 6-K filing on SEC EDGAR