SaverOne 2014 Ltd. ADR (SVRE) has released an update.
SaverOne 2014 Ltd. ADR has entered into a Standby Equity Purchase Agreement with YA II PN, LTD. allowing for the sale of up to $15 million in American Depository Shares (ADSs) to the investor. The ADSs are traded on the Nasdaq under the symbol ‘SVRE’, and the agreement includes provisions for pre-paid advances and subsequent share purchases, subject to certain terms and conditions. This strategic financial move aims to bolster SaverOne 2014 Ltd.’s capital and share availability in the market.
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