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SaverOne 2014 Ltd. 6-K Analysis & Summary – 2/21/2025

⚠️This is not investment advice.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️

SaverOne 2014 Ltd. Warrant
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Filing date:

02/21/2025

TLDR:

SaverOne received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement and is implementing a change in the ratio of shares to ADSs to address this issue.

ELI5:

SaverOne’s stock price fell below Nasdaq’s minimum requirement, and they are appealing to stay listed on the exchange.

Accession #:

0001213900-25-016144

Published on

Analyst Summary

  • SaverOne received a letter from Nasdaq for not complying with the minimum bid price requirement of $1.00 per share.
  • The company is not eligible for a compliance period due to a recent reverse stock split.
  • SaverOne plans to request a hearing before the Nasdaq Hearings Panel to appeal the delisting.
  • The company implemented a change in the ratio of its ADS to ordinary shares to meet Nasdaq requirements.
  • There is no assurance that the Panel will accept the Company’s plan for compliance.

Potential Implications

Stock Price

  • The Company’s ADSs will continue to trade on Nasdaq under the symbol “SVRE” pending the hearing and the Panel’s decision.
  • Delisting from Nasdaq if the appeal is not successful.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️