SaverOne Announces Receipt of Nasdaq Minimum Bid Price Notification

May 20, 2024

https://www.globenewswire.com/news-release/2024/05/20/2885125/0/en/SaverOne-Announces-Receipt-of-Nasdaq-Minimum-Bid-Price-Notification.html

Petah Tikvah, Israel, May 20, 2024 (GLOBE NEWSWIRE) —  SaverOne 2014 Ltd. (Nasdaq:SVRE, TASE: SVRE), a technology company engaged in disruptive transportation safety solutions, received a notice letter May 17, 2024 from The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, based upon the closing bid price of the Company’s American Depositary Shares (the “Shares”), for the last 31 consecutive business days, the Company is not currently in compliance with the requirement to maintain a minimum bid price of $1.00 per share for continued listing on The Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(2).

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