VisionWave Holdings, Inc. 4
4 · SaverOne 2014 Ltd. · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
SaverOne (SVRE) Director VisionWave Holdings Buys Shares
What Happened
VisionWave Holdings, reported as a director of SaverOne 2014 Ltd. (SVRE) by deputization, purchased ADSs in two open-market transactions. On Mar 11, 2026 it acquired 6,039 ADSs (reported as 260,884,800 ordinary shares) at $2.64 per ADS (value reported $688,735,872). On Mar 12, 2026 it acquired 2,011 ADSs (reported as 86,875,200 ordinary shares) at $2.65 per ADS (value reported $230,219,280). Total purchased equals 8,050 ADSs, representing 347,760,000 ordinary shares, with a combined reported cost of $918,955,152. These were purchases (buying activity).
Key Details
- Transaction dates & prices: Mar 11, 2026 — 6,039 ADSs at $2.64; Mar 12, 2026 — 2,011 ADSs at $2.65.
- Shares reported acquired (ordinary-share basis): 260,884,800 (Mar 11) and 86,875,200 (Mar 12); total 347,760,000 ordinary shares.
- Reported total value: $688,735,872 (Mar 11) + $230,219,280 (Mar 12) = $918,955,152.
- Shares owned after transaction: beneficial ownership reported as the amounts above (8,050 ADSs / 347,760,000 ordinary shares). The Reporting Person has sole voting and dispositive power.
- Notable footnotes: price is per ADS; each ADS represents 43,200 ordinary shares (ADS ratio effective Feb 25, 2026). VisionWave is deemed a director through control over the board designee (Douglas Davis) under an Exchange Agreement. Prior Form 3 was filed Mar 10, 2026.
- Filing timeliness: Form 4 was filed Mar 13, 2026 for transactions on Mar 11–12, which appears timely under Section 16 (filed within standard reporting window).
Context
These entries reflect open-market purchases of ADSs (converted and presented on an underlying ordinary-share basis). ADS transactions can produce very large share counts when the ADS ratio is high (here, 1 ADS = 43,200 ordinary shares). The reporting entity is a corporate holder deemed a director via deputization rather than an individual executive; the filing documents beneficial ownership and control but does not state the holder’s motivation.
Insider Transaction Report
- Purchase
Ordinary Shares
[F1][F2]2026-03-11$2.64/sh+260,884,800$688,735,872→ 6,666,588,800 total - Purchase
Ordinary Shares
[F1][F2]2026-03-12$2.65/sh+86,875,200$230,219,280→ 6,766,588,800 total
Footnotes (2)
- [F1]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 6,039 ADSs on March 11, 2026, and 2,011 ADSs on March 12, 2026, resulting in the underlying ordinary shares reported.
- [F2]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 3 filed March 10, 2026.