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[6-K] SaverOne 2014 Ltd. Current Report (Foreign Issuer)

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SaverOne 2014 Ltd. (SVRE) entered a Standby Equity Purchase Agreement with Yorkville for up to $50,000,000 in ADS issuances during the commitment period ending October 30, 2028, subject to the agreement’s terms. Yorkville’s ownership is capped at 9.99% of outstanding ADSs or ordinary shares.

Yorkville provided a $1,500,000 pre‑paid advance via a promissory note bearing 8.0% interest, issued with a 3% discount, maturing on October 30, 2027, and repayable in 10 equal monthly cash installments beginning 90 days after issuance; default interest is 18% per annum.

SaverOne will pay a $25,000 structuring fee and a commitment fee equal to 1.00% of the commitment, issuable in ADSs in fifths as aggregate advances reach milestones of $10,000,000. The company will register for resale ADSs issued under advances and the initial portion of commitment shares and will use commercially reasonable efforts to have the initial registration statement become effective within 45 days of filing.

SaverOne 2014 Ltd. (SVRE) ha stipulato un Standby Equity Purchase Agreement con Yorkville per fino a $50,000,000 di emissioni ADS durante il periodo di impegno che termina il 30 ottobre 2028, soggetto ai termini dell'accordo. La proprietà di Yorkville è limitata al 9.99% delle ADS in circolazione o delle azioni ordinarie.

Yorkville ha fornito un anticipo prepagato di $1,500,000 tramite una cambiale che porta un tasso di interesse 8.0%, emessa con uno sconto del 3%, scadente il 30 ottobre 2027, ed rimborsabile in 10 rate mensili uguali a partire da 90 giorni dopo l'emissione; l'interesse di mora è 18% annuo.

SaverOne pagherà una commissione di strutturazione di $25,000 e una commissione di impegno pari al 1.00% del impegno, emessa in ADS in frazioni man mano che gli avanzamenti complessivi raggiungono i traguardi di $10,000,000. La società registrerà per la rivendita le ADS emesse in base agli avanzamenti e la porzione iniziale delle azioni di impegno e userà ragionevoli sforzi commerciali per far sì che la dichiarazione iniziale di registrazione diventi effettiva entro 45 giorni dalla presentazione.

SaverOne 2014 Ltd. (SVRE) suscribió un Standby Equity Purchase Agreement con Yorkville por hasta $50,000,000 en emisiones de ADS durante el periodo de compromiso que finaliza el 30 de octubre de 2028, sujeto a los términos del acuerdo. La propiedad de Yorkville está limitada al 9.99% de ADS pendientes o acciones ordinarias.

Yorkville proporcionó un adelanto prepagado de $1,500,000 mediante una nota promesa con un interés del 8.0%, emitida con un descuento del 3%, con vencimiento el 30 de octubre de 2027, y reembolsable en 10 cuotas mensuales iguales a partir de 90 días después de la emisión; el interés por mora es del 18% anual.

SaverOne pagará una comisión de estructuración de $25,000 y una comisión de compromiso igual al 1.00% del compromiso, emitida en ADS en fracciones a medida que los avances agregados alcancen hitos de $10,000,000. La empresa registrará para la reventa las ADS emitidas en virtud de avances y una porción inicial de las acciones de compromiso y empleará esfuerzos comerciales razonables para que la declaración de registro inicial se vuelva efectiva dentro de 45 días desde la presentación.

SaverOne 2014 Ltd. (SVRE) 및 Yorkville 간의 Standby Equity Purchase Agreement 체결으로, 약정 기간이 끝나는 2028년 10월 30일까지 $50,000,000 규모의 ADS 발행이 가능하며, 합의 조건에 따릅니다. Yorkville의 소유 지분은 9.99%의 경쟁 가능한 ADS 또는 보통주에 대해 제한됩니다.

Yorkville은 $1,500,000의 사전 선급금을 약정으로 발행하며 8.0%의 이자율을 가지는 약속어음으로 제공되었고, 3%의 할인율로 발행되었으며 만기는 2027년 10월 30일, 발행일로부터 90일 후부터 시작하는 10회 균등 월상환으로 상환되며, 연체 이자는 18%입니다.

SaverOne은 $25,000의 구조화 수수료와 약정 수수료를 약정의 1.00%에 해당하는 금액으로 지급하며, 누적 선급액이 이정표에 도달할 때 ADS로 발행됩니다($10,000,000 이정표). 회사는 선매 및 초기 약정 주식에 대해 재매각용 ADS를 등록하고, 초기 등록신청서가 제출 후 45일 이내에 유효하게 되도록 상업적으로 합리적인 노력을 사용할 것입니다.

SaverOne 2014 Ltd. (SVRE) a conclu un Standby Equity Purchase Agreement avec Yorkville pour jusqu'à $50,000,000 d’émissions de ADS pendant la période d’engagement qui se termine le 30 octobre 2028, sous réserve des termes de l’accord. La propriété de Yorkville est plafonnée à 9.99% des ADS en circulation ou des actions ordinaires.

Yorkville a fourni une avance prépayée de $1,500,000 via une promesse de dette portant un intérêt de 8.0%, émise avec une décote de 3%, arrivant à échéance le 30 octobre 2027, et remboursable en 10 versements mensuels égaux à partir de 90 jours après l’émission; en cas de défaut, les intérêts de retard sont de 18% par an.

SaverOne paiera des frais de structuration de $25,000 et des frais d’engagement équivalant à 1.00% de l’engagement, émis en ADS par cinquièmes à mesure que les avances agrégées atteignent des jalons de $10,000,000. L’entreprise enregistrera les ADS émis en vertu des avances à la revente et une portion initiale des actions d’engagement et s’efforcera raisonnablement de faire en sorte que la première déclaration d’enregistrement devienne effective dans les 45 jours suivant le dépôt.

SaverOne 2014 Ltd. (SVRE) hat eine Standby Equity Purchase Agreement mit Yorkville für bis zu $50,000,000 an ADS-Ausgaben während des Verpflichtungszeitraums bis zum 30. Oktober 2028 abgeschlossen, vorbehaltlich der Bedingungen des Abkommens. Das Eigentum von Yorkville ist auf 9.99% der ausstehenden ADS oder Stammaktien begrenzt.

Yorkville leistete eine $1,500,000 im Voraus vorbezahlte Anzahlung über eine Schuldverschreibung mit einem Zinssatz von 8.0%, ausgegeben mit einem3% Rabatt, fällig am 30. Oktober 2027, und in 10 gleich großen monatlichen Raten ab dem 90. Tag nach der Ausgabe zahlbar; Verzugszinsen betragen 18% pro Jahr.

SaverOne wird eine Strukturierungsgebühr von $25,000 und eine Verpflichtungsgebühr in Höhe von 1.00% der Verpflichtung zahlen, die in ADSs in Fünfteln ausgegeben wird, sobald die kumulativen Fortschritte Meilensteine von $10,000,000 erreichen. Das Unternehmen wird ADSs, die im Rahmen der Fortschritte ausgegeben wurden, für den Weiterverkauf registrieren und sich nach besten Umständen bemühen, dass der initiale Registrierungserklärung innerhalb von 45 Tagen nach Einreichung wirksam wird.

دخلت SaverOne 2014 Ltd. (SVRE) في اتفاقية Standby Equity Purchase مع Yorkville لاصدار حتى $50,000,000 من ADS خلال فترة الالتزام حتى 30 أكتوبر 2028، وفقًا لشروط الاتفاق. يتم تحديد ملكية Yorkville عند 9.99% من ADSs القائمة أو الأسهم العادية.

قدمت Yorkville مقدمة مدفوعة مقدماً قدرها $1,500,000 من خلال ورقة promissory تحمل فائدة 8.0%، صدرت بخصم 3%، وتاريخ استحقاقه 30 أكتوبر 2027، وقابل للسداد في 10 أقساط شهرية متساوية تبدأ بعد 90 يوماً من الإصدار؛ وتعتبر الفوائد المتأخرة 18% سنوياً.

سيقوم SaverOne بدفع رسم هيكلة قدره $25,000 ورسوم التزام مساوية لـ 1.00% من الالتزام، تصدر في ADS ببطء وفقاً لآلية الإنجازات الإجمالية التي تصل إلى معالم قدرها $10,000,000. ستقوم الشركة بتسجيل ADSs المُصدرة بموجب التقدمات لإعادة البيع وبالشكل الأول من أسهم الالتزام وستبذل جهداً تجارياً معقولاً لجعل البيان الأول للتسجيل ساري المفعول خلال 45 يوماً من التقديم.

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Insights

Flexible equity facility up to $50M with initial $1.5M pre-paid advance.

The agreement permits SaverOne to request ADS purchases by Yorkville up to $50M through October 30, 2028, providing discretionary access to equity capital. A 9.99% beneficial ownership cap limits Yorkville’s stake at any time. Fees include a $25,000 structuring fee and a commitment fee of 1% paid in ADSs as draw milestones are reached.

Separately, the $1.5M pre‑paid advance is evidenced by a note at 8% interest with a 3% issue discount, maturing October 30, 2027, with 10 equal monthly cash repayments starting 90 days post‑issuance; default interest is 18%. Equity issuance under advances and initial commitment shares will be registered for resale, with efforts to achieve effectiveness within 45 days of filing.

Potential dilution depends on the size and timing of advances and commitment fee share issuances, while cash obligations arise from note amortization. Actual impact will be determined by future advance activity and adherence to the 9.99% cap.

SaverOne 2014 Ltd. (SVRE) ha stipulato un Standby Equity Purchase Agreement con Yorkville per fino a $50,000,000 di emissioni ADS durante il periodo di impegno che termina il 30 ottobre 2028, soggetto ai termini dell'accordo. La proprietà di Yorkville è limitata al 9.99% delle ADS in circolazione o delle azioni ordinarie.

Yorkville ha fornito un anticipo prepagato di $1,500,000 tramite una cambiale che porta un tasso di interesse 8.0%, emessa con uno sconto del 3%, scadente il 30 ottobre 2027, ed rimborsabile in 10 rate mensili uguali a partire da 90 giorni dopo l'emissione; l'interesse di mora è 18% annuo.

SaverOne pagherà una commissione di strutturazione di $25,000 e una commissione di impegno pari al 1.00% del impegno, emessa in ADS in frazioni man mano che gli avanzamenti complessivi raggiungono i traguardi di $10,000,000. La società registrerà per la rivendita le ADS emesse in base agli avanzamenti e la porzione iniziale delle azioni di impegno e userà ragionevoli sforzi commerciali per far sì che la dichiarazione iniziale di registrazione diventi effettiva entro 45 giorni dalla presentazione.

SaverOne 2014 Ltd. (SVRE) suscribió un Standby Equity Purchase Agreement con Yorkville por hasta $50,000,000 en emisiones de ADS durante el periodo de compromiso que finaliza el 30 de octubre de 2028, sujeto a los términos del acuerdo. La propiedad de Yorkville está limitada al 9.99% de ADS pendientes o acciones ordinarias.

Yorkville proporcionó un adelanto prepagado de $1,500,000 mediante una nota promesa con un interés del 8.0%, emitida con un descuento del 3%, con vencimiento el 30 de octubre de 2027, y reembolsable en 10 cuotas mensuales iguales a partir de 90 días después de la emisión; el interés por mora es del 18% anual.

SaverOne pagará una comisión de estructuración de $25,000 y una comisión de compromiso igual al 1.00% del compromiso, emitida en ADS en fracciones a medida que los avances agregados alcancen hitos de $10,000,000. La empresa registrará para la reventa las ADS emitidas en virtud de avances y una porción inicial de las acciones de compromiso y empleará esfuerzos comerciales razonables para que la declaración de registro inicial se vuelva efectiva dentro de 45 días desde la presentación.

SaverOne 2014 Ltd. (SVRE) 및 Yorkville 간의 Standby Equity Purchase Agreement 체결으로, 약정 기간이 끝나는 2028년 10월 30일까지 $50,000,000 규모의 ADS 발행이 가능하며, 합의 조건에 따릅니다. Yorkville의 소유 지분은 9.99%의 경쟁 가능한 ADS 또는 보통주에 대해 제한됩니다.

Yorkville은 $1,500,000의 사전 선급금을 약정으로 발행하며 8.0%의 이자율을 가지는 약속어음으로 제공되었고, 3%의 할인율로 발행되었으며 만기는 2027년 10월 30일, 발행일로부터 90일 후부터 시작하는 10회 균등 월상환으로 상환되며, 연체 이자는 18%입니다.

SaverOne은 $25,000의 구조화 수수료와 약정 수수료를 약정의 1.00%에 해당하는 금액으로 지급하며, 누적 선급액이 이정표에 도달할 때 ADS로 발행됩니다($10,000,000 이정표). 회사는 선매 및 초기 약정 주식에 대해 재매각용 ADS를 등록하고, 초기 등록신청서가 제출 후 45일 이내에 유효하게 되도록 상업적으로 합리적인 노력을 사용할 것입니다.

SaverOne 2014 Ltd. (SVRE) a conclu un Standby Equity Purchase Agreement avec Yorkville pour jusqu'à $50,000,000 d’émissions de ADS pendant la période d’engagement qui se termine le 30 octobre 2028, sous réserve des termes de l’accord. La propriété de Yorkville est plafonnée à 9.99% des ADS en circulation ou des actions ordinaires.

Yorkville a fourni une avance prépayée de $1,500,000 via une promesse de dette portant un intérêt de 8.0%, émise avec une décote de 3%, arrivant à échéance le 30 octobre 2027, et remboursable en 10 versements mensuels égaux à partir de 90 jours après l’émission; en cas de défaut, les intérêts de retard sont de 18% par an.

SaverOne paiera des frais de structuration de $25,000 et des frais d’engagement équivalant à 1.00% de l’engagement, émis en ADS par cinquièmes à mesure que les avances agrégées atteignent des jalons de $10,000,000. L’entreprise enregistrera les ADS émis en vertu des avances à la revente et une portion initiale des actions d’engagement et s’efforcera raisonnablement de faire en sorte que la première déclaration d’enregistrement devienne effective dans les 45 jours suivant le dépôt.

SaverOne 2014 Ltd. (SVRE) hat eine Standby Equity Purchase Agreement mit Yorkville für bis zu $50,000,000 an ADS-Ausgaben während des Verpflichtungszeitraums bis zum 30. Oktober 2028 abgeschlossen, vorbehaltlich der Bedingungen des Abkommens. Das Eigentum von Yorkville ist auf 9.99% der ausstehenden ADS oder Stammaktien begrenzt.

Yorkville leistete eine $1,500,000 im Voraus vorbezahlte Anzahlung über eine Schuldverschreibung mit einem Zinssatz von 8.0%, ausgegeben mit einem3% Rabatt, fällig am 30. Oktober 2027, und in 10 gleich großen monatlichen Raten ab dem 90. Tag nach der Ausgabe zahlbar; Verzugszinsen betragen 18% pro Jahr.

SaverOne wird eine Strukturierungsgebühr von $25,000 und eine Verpflichtungsgebühr in Höhe von 1.00% der Verpflichtung zahlen, die in ADSs in Fünfteln ausgegeben wird, sobald die kumulativen Fortschritte Meilensteine von $10,000,000 erreichen. Das Unternehmen wird ADSs, die im Rahmen der Fortschritte ausgegeben wurden, für den Weiterverkauf registrieren und sich nach besten Umständen bemühen, dass der initiale Registrierungserklärung innerhalb von 45 Tagen nach Einreichung wirksam wird.

دخلت SaverOne 2014 Ltd. (SVRE) في اتفاقية Standby Equity Purchase مع Yorkville لاصدار حتى $50,000,000 من ADS خلال فترة الالتزام حتى 30 أكتوبر 2028، وفقًا لشروط الاتفاق. يتم تحديد ملكية Yorkville عند 9.99% من ADSs القائمة أو الأسهم العادية.

قدمت Yorkville مقدمة مدفوعة مقدماً قدرها $1,500,000 من خلال ورقة promissory تحمل فائدة 8.0%، صدرت بخصم 3%، وتاريخ استحقاقه 30 أكتوبر 2027، وقابل للسداد في 10 أقساط شهرية متساوية تبدأ بعد 90 يوماً من الإصدار؛ وتعتبر الفوائد المتأخرة 18% سنوياً.

سيقوم SaverOne بدفع رسم هيكلة قدره $25,000 ورسوم التزام مساوية لـ 1.00% من الالتزام، تصدر في ADS ببطء وفقاً لآلية الإنجازات الإجمالية التي تصل إلى معالم قدرها $10,000,000. ستقوم الشركة بتسجيل ADSs المُصدرة بموجب التقدمات لإعادة البيع وبالشكل الأول من أسهم الالتزام وستبذل جهداً تجارياً معقولاً لجعل البيان الأول للتسجيل ساري المفعول خلال 45 يوماً من التقديم.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 6-K

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

 

For the month of October 2025 (Report No. 3)

 

Commission file number: 001-41387

 

 

SaverOne 2014 Ltd.

(Translation of registrant’s name into English)

 

Em Hamoshavot Rd. 94

Petah Tikvah, Israel

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒         Form 40-F ☐ 

 

 

 

 

 

 

On October 30, 2025 (the Effective Date), Saverone 2014 Ltd., a company established in the State of Israel (the Company), entered into a Standby Equity Purchase Agreement (the SEPA) with YA II PN, Ltd. a Cayman Islands exempt limited partnership (“Yorkville”), a fund managed by Yorkville Advisors Global, LP, headquartered in Mountainside, New Jersey.

 

Pursuant to the SEPA, subject to the terms and conditions set forth therein, the Company has the right, but not the obligation, to issue (each such issuance, an “Advance”) to Yorkville, and Yorkville has the obligation to subscribe for the Company’s American Depository Shares (the “ADSs”), each representing 3,600 ordinary shares of the Company, par value NIS 0.01 per share for an aggregate subscription amount of up to $50 million (the “Commitment Amount”), at any time from Effective Date until October 30, 2028, unless earlier terminated pursuant to the SEPA (the “Commitment Period”), by delivering written notice to Yorkville (each, an “Advance Notice”).

 

Under the SEPA, Yorkville advanced to the Company the principal amount of $1,500,000 (the “Pre-Paid Advance”), which is evidenced by a promissory note (the “Promissory Note”). The Promissory Note (i) bears an interest at a rate of 8.0%, (ii) was issued with a 3% issue discount, (iii) has a maturity date of October 30, 2027, and (iv) is required to be repaid in cash in 10 equal monthly installments beginning 90 days from the issuance date. Yorkville may declare the full unpaid principal amount of the Promissory Note, 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 Note at a rate of 18% per annum.

 

The SEPA does not require Yorkville to subscribe for or acquire any ADSs or Ordinary Shares under the SEPA if those Ordinary Shares, 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 then outstanding ADSs or Ordinary Shares.

 

The Company undertook to pay to Yorkville a structuring fee in the amount of $25,000, and a commitment fee in an amount equal to 1.00% of the Commitment Amount (the “Commitment Fee”), of which (i) one-fifth (20%) of the Commitment Fee is due within 5 days of the Effective Date and (ii) within 5 days of the date upon which the Company has received aggregate Advances hereunder equal to or exceeding $10,000,000, an additional one-fifth (20%) of the Commitment Fee, and thereafter an additional one-fifth (20%) of the Commitment Fee following receipt by the Company of aggregate Advances equal to or exceeding $10,000,000, in each case by the issuance to Yorkville on the date such portion of the Commitment Fee is due of such number of ADSs that is equal to the portion of the Commitment Fee due divided by the average of the daily VWAPs of the ADSs during the 3 Trading Days immediately prior to the date such portion of the Commitment Fee is due (collectively, the “Commitment Shares”).

 

Under the SEPA, the Company is required to register for resale all of the ADSs to be issued from time to time pursuant to Advances under the SEPA and the initial portion of the Commitment Shares. The Company is required to file an initial registration statement (the “Registration Statement”) covering the resale of the relevant ADSs, as soon as reasonably practicable. The Company shall use commercially reasonable efforts to cause the initial Registration Statement to become effective within forty-five (45) calendar days of the filing date.

 

This Report shall not constitute an offer to sell or the solicitation to buy nor shall there be any sale of the ADSs in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

 

The SEPA contains customary representations, warranties, conditions and indemnification obligations by each party. The representations, warranties and covenants contained in the SEPA were made only for purposes of the SEPA and as of specific dates, were solely for the benefit of the parties to such agreement and are subject to certain important limitations.

  

The foregoing descriptions of the SEPA and the Promissory Note, are qualified in their entirety by the terms and conditions of the SEPA and the Promissory Note which are attached as Exhibit 99.1 and 99.2 respectively, and which are incorporated herein by reference.

 

1

 

 

EXHIBIT INDEX

 

Exhibit No.   Description
99.1   Standy Equity Purchase Agreement dated October 30, 2025 by and between SaverOne 2014 Ltd. and YA II PN, Ltd
99.2   Promissory Note dated October 30, 2025

 

2

 

 

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: October 31, 2025 SAVERONE 2014 LTD.
     
  By: /s/ Ori Gilboa
  Name:  Ori Gilboa
  Title: Chief Executive Officer

 

3

 

SAVERONE 2014 LTD

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