VisionWave boosts SaverOne (NASDAQ: SVRE) stake with $4.00 ADS buys
Rhea-AI Filing Summary
VisionWave Holdings, Inc., deemed a director of SaverOne 2014 Ltd. by deputization, reported a series of open‑market purchases of American Depositary Shares on The Nasdaq Stock Market LLC. Each ADS represents 43,200 ordinary shares under an ADS ratio effective February 25, 2026.
On May 21, May 28, June 3, June 4 and June 5, 2026, VisionWave bought ADSs at $4.00 per ADS, resulting in acquisitions totaling 1,710,302,400 ordinary shares. Following these transactions, it beneficially owns 13,913,985,600 ordinary shares with sole voting and dispositive power and reports no other equity or derivative securities beyond those previously reported.
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Insights
Entity associated with SaverOne’s board increased its direct equity stake via ADS purchases.
VisionWave Holdings, Inc., deemed a director by deputization, executed five open‑market purchases of SaverOne ADSs on Nasdaq at $4.00 per ADS. These trades together represent 1,710,302,400 ordinary shares under the stated ADS ratio of 43,200 ordinary shares per ADS.
Following the transactions, VisionWave beneficially owns 13,913,985,600 ordinary shares with sole voting and dispositive power as of the reporting date, and reports no additional equity or derivative positions beyond those previously disclosed on a Form filed on May 6, 2026. The filing reflects net buying activity without derivative exercises.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Ordinary Shares | 515,030,400 | $4.00 | $2.06B |
| Purchase | Ordinary Shares | 76,910,400 | $4.00 | $307.64M |
| Purchase | Ordinary Shares | 5,529,600 | $4.00 | $22.12M |
| Purchase | Ordinary Shares | 896,832,000 | $4.00 | $3.59B |
| Purchase | Ordinary Shares | 216,000,000 | $4.00 | $864.00M |
Footnotes (1)
- The price reported is the price per American Depositary Share ("ADS") acquired in an open-market transaction on The Nasdaq Stock Market LLC. Each ADS represents 43,200 ordinary shares of the Issuer pursuant to the ADS ratio effective February 25, 2026. The Reporting Person acquired 5,000 ADSs on May 21, 2026 at $4.00, 20,760 ADSs on May 28, 2026 at $4.00, 128 ADSs on June 3, 2026 at $4.00, 1,572 ADSs on June 4, 2026 at $4.00, and 11,922 ADSs on June 5, 2026 at $4.00, resulting in the underlying ordinary shares reported. The Reporting Person is deemed a director of the Issuer under Section 16(a) by deputization due to its designation and control over Douglas Davis, who serves on the Issuer's Board of Directors pursuant to rights granted under the Exchange Agreement dated January 26, 2026. Reflects beneficial ownership following the reported transactions. The Reporting Person has sole voting and dispositive power over these shares. No other equity securities or derivative securities of the Issuer are beneficially owned by the Reporting Person as of the date hereof, except as previously reported on Form filed May 6, 2026.