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 2023
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 ☐
CONTENTS
Attached hereto and incorporated
herein is the Registrant’s press release issued on October 11, 2023, titled “SaverOne Affirms that it has not Experienced
any Disruption to its Business Operations in Israel”.
EXHIBIT INDEX
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 11, 2023 |
By: |
/s/ Ori Gilboa |
|
|
Name: |
Ori Gilboa |
|
|
Title: |
Chief Executive Officer |
2
Exhibit 99.1
SaverOne
Affirms that it has not Experienced any Disruption to its Business Operations in Israel
Petah
Tikvah, Israel, October 11, 2023 – SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company specializing in transportation
safety solutions, today addressed the status of the Company’s continued and uninterrupted activity in Israel, against the background
of the recent terrorist attack in the south of the country and the subsequent declaration of war by the Israeli government against the
Hamas terrorist organization.
SaverOne’s
management affirms that the Company has not seen any impact to its ongoing operations in Israel and continues to work as normal. At the
same time, the Company continues to monitor its ongoing activities and make any needed adjustments to ensure a smooth continuity of its
business, while supporting the safety and well-being of its employees. Furthermore, the Company notes that its headquarters are in the
center of the country, north-east of Tel Aviv and not near any borders.
Ori
Gilboa, CEO of SaverOne, commented, “We are absolutely devastated by the horrific attacks against our people over the past
weekend. We pray for the victims as well as their families, friends and loved ones. We are resilient, and as we have done many times
in the past, we will overcome these challenging times.”
“I
reaffirm to our employees, partners and shareholders that our continued operations have not been impacted in Israel and we continue to
fulfill our duties and service our customers and partners, as normal, and to the fullest of our abilities. Finally, I would like to thank
all those that have reached out to express their support and best wishes. “
About
the SaverOne System
SaverOne’s
system is installed in vehicles to provide a solution to the problem of driver distraction, as a result of drivers using distracting
applications on the mobile phone while driving, in a way that endangers their safety and the safety of their passengers. This phenomenon
is considered one of the main causes of road accidents in the world. According to the US National Highway Traffic Safety Administration,
the annual cost of road accidents just in the United States, stands at about $870 billion each year, excluding the costs of serious injury
or death, with a quarter of those accidents estimated to be related to the use of the mobile phones while driving. SaverOne’s technology
specifically recognizes the driver area in the vehicle and prevents the driver from accessing distracting applications such as messaging,
while allowing others (e.g. navigation), without user intervention or consent, creating a safer driving environment.
SaverOne’s
primary target markets include commercial and private vehicle fleets that are interested in reducing potential damages and significant
cost, vehicle manufacturers that are interested in integrating safety solutions to their vehicles, and insurance and leasing companies.
SaverOne initially addresses car fleets with focus on the Israeli, European and US markets, as well as other markets around the world.
SaverOne believes that ultimately increased focus on monitoring and prevention of cellular distraction systems in vehicles, in particular
driven by upcoming expected EU regulation, will likely have a dramatic positive impact on the demand for its systems in the future.
The
Company’s strategy is to provide its technology for installation to customers in the aftermarket as well as address OEM vehicle
manufacturers, to install the Company’s protection technologies during the vehicle manufacturing process.
About
SaverOne
SaverOne
is a technology company engaged in the design, development and commercialization of OEM and aftermarket solutions and technologies, to
lower the risk of, and prevent, vehicle accidents.
SaverOne’s
initial line of products is a suite of solutions that saves lives by preventing car accidents resulting from distraction from the use
of mobile phones while driving. SaverOne is also developing a sensor system for early location and direction detection under all visibility
conditions of vulnerable road users (VRU) through their cellphone footprint.
Learn
more at https://saver.one/
Forward
Looking Statements
This
press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act and
other securities laws that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact,
contained in this press release are forward-looking statements. Forward-looking statements contained in this press release include, but
are not limited to, statements regarding SaverOne’s strategic and business plans, technology, relationships, objectives and expectations
for its business, the impact of trends on and interest in its business, intellectual property or product and its future results, operations
and financial performance and condition, and may be identified by the use of words such as “anticipate,” “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 SaverOne’s current expectations and are subject
to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based
on assumptions as to future events that may not prove to be accurate. Many factors could cause SaverOne’s actual activities or results
to differ materially from the activities and results anticipated in such forward-looking statements. Factors that could cause our actual
results to differ materially from those expressed or implied in such forward-looking statements include, but are not limited to: the
ability of our technology to substantially improve the safety of drivers; our planned level of revenues and capital expenditures and
our ability to continue as a going concern; the ability of our technology to substantially improve the safety of drivers; our ability
to market and sell our products; our plans to continue to invest in research and development to develop technology for both existing
and new products; our intention to advance our technologies and commercialization efforts; our intention to use local distributors in
each country or region that we will conduct business to distribute our products or technology; our plan to seek patent, trademark and
other intellectual property rights for our products and technologies in the United States and internationally, as well as our ability
to maintain and protect the validity of our currently held intellectual property rights; our expectations regarding future changes in
our cost of revenues and our operating expenses; our expectations regarding our tax classifications; interpretations of current laws
and the passage of future laws; acceptance of our business model by investors; the ability to correctly identify and enter new markets;
the impact of competition and new technologies; general market, political and economic conditions in the countries in which we operate;
projected capital expenditures and liquidity; our intention to retain key employees, and our belief that we maintain good relations with
all of our employees; any resurgence of the COVID-19 pandemic and its impact on our business and industry; and other risks and uncertainties,
including, but 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 April 27, 2023 and in subsequent filings with the SEC. Forward-looking statements contained in this
announcement are made as of this date, and SaverOne undertakes no duty to update such information except as required under applicable
law.
International
Investor Relations Contact:
Ehud
Helft
+1
212 378 8040
saverone@ekgir.com
Israeli
Investors Contact:
Jonathan
Eilat
John@theinvestor.co.il |
|
SaverOne 2014 (NASDAQ:SVRE)
Historical Stock Chart
From May 2024 to Jun 2024
SaverOne 2014 (NASDAQ:SVRE)
Historical Stock Chart
From Jun 2023 to Jun 2024